On December 5, Coinbase Will Launch Futures for Major Altcoins
Coinbase Derivatives, the futures division of the Coinbase exchange, will launch a new set of futures for major altcoins starting December 5, 2025. This will become one of the largest expansions of regulated cryptocurrency derivatives in the United States.
Following the launch, Coinbase Derivatives will introduce perpetual futures for Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), and a number of other altcoins. According to experts, this will significantly expand Coinbase’s capabilities in building institutional-grade derivatives infrastructure.

The company clarified that the new contracts will function similarly to perpetual swaps with an interest-rate mechanism designed to keep prices in line with the spot market. However, unlike traditional perpetual swaps, these products will have a five-year expiration, combining long-term futures with perpetual-style pricing.
Coinbase stated that the upcoming launch will include 24/7 trading of the new futures, allowing traders to access high liquidity at any time of day. This aligns with the structure already in place for Coinbase Derivatives futures on Bitcoin, Ethereum, Solana, and XRP, which were launched earlier this year and quickly gained popularity among institutional investors. In March 2025, Coinbase also added ADA as a collateral asset on its international futures platform.
See also: "A sharp spike in futures activity on Binance: BTC and top altcoin volumes hit multi-week highs"
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