Coinbase: US users can now legally participate in crypto perpetual contract transactions through the Coinbase platform

Odaily News Coinbase officially announced that starting from July 21, 2025, U.S. users can legally participate in perpetual futures trading through its Coinbase Financial Markets (CFM) platform, which is regulated by the CFTC.
Coinbase said that perpetual futures are the most traded crypto derivatives in the world, accounting for about 90% of the market share, with advantages such as no monthly expiration date and the use of leverage. Previously, due to regulatory factors, US users were unable to participate in such transactions for a long time, but now this situation will be broken.