Coinbase Wallet Brings Perpetual Futures Trading to Mobile Users

Coinbase Wallet has launched Pulse Mode, a simplified mobile interface for perpetual futures trading. This move marks one of the most direct consumer-facing moves yet in Coinbase's broader push into derivatives.

Pulse Mode presents a streamlined route to leveraged trading directly inside the self-custodial wallet, without leaving the application to use a separate exchange or platform. It supports opening and managing leveraged long and short positions, commonly called perps, for perpetual futures traders.

The launch follows Coinbase's decision to restore the Coinbase Wallet name to the app it had rebranded as Base. The company has not yet published detailed fee schedules, leverage limits, or regional eligibility requirements for Pulse Mode.