Coinbase Markets just announced they’re launching 24/7 futures trading for a bunch of altcoins like Shiba Inu (SHIB), Bitcoin Cash (BCH), Dogecoin (DOGE), and more.
This all kicks off on December 5, 2025.
What’s New
Starting December 5, Coinbase Derivatives is rolling out 24/7 trading for monthly futures on a bunch of big-name altcoins like SHIB, BCH, ADA, AVAX, Chainlink, Hedera, Litecoin, Polkadot, Stellar, SUI, and, of course, Dogecoin.
But that’s not all. They’re also getting ready to launch U.S. perpetual-style futures for these same coins.
These contracts work a lot like the usual crypto perpetual swaps since they use funding rates to keep prices in line with the spot market.
The main difference is that they’ll come with a fixed five-year expiration, not the open-ended timeline you usually see.
Coinbase is just building on what it already has, which is, always-on markets for Bitcoin, Ethereum, Solana, and XRP, with both standard and “nano” contract sizes trading around the clock.
The timing here follows Coinbase’s acquisition of Deribit, which beefed up its derivatives lineup under a U.S.-regulated umbrella.
It’s pretty clear they’re aiming to pull in both big institutional players and active retail traders by offering a homegrown, compliant alternative to the offshore derivatives platforms people have been using.
Why It Matters
Coinbase now lets traders buy and sell altcoin futures around the clock, so people can jump in or out whenever they want.
This helps keep things liquid and pulls some activity back from overseas exchanges.
These new perpetual futures follow U.S. rules, which opens the door for institutions that want to trade in a regulated space.
Instead of the usual contracts that expire quickly or never at all, Coinbase’s five-year futures sit right in the middle, you get some flexibility, but you also know when things wrap up.
By rolling out nonstop futures trading for altcoins, Coinbase is going after the business that usually ends up on offshore giants like Binance or Bybit.
All in all, this move shows Coinbase isn’t just sticking to spot trading.
They’re clearly aiming to build out a serious derivatives market.
More News: Coinbase to Reincorporate in Texas, Exit Delaware in Major Shift
Context and Strategy
Coinbase isn’t messing around, it’s pushing hard to expand its derivatives business, especially now that it owns Deribit, one of the big names in the space.
The company already rolled out round-the-clock futures for major cryptocurrencies like Bitcoin, Ethereum, Solana, and XRP.
Now, it’s taking a big step into altcoins with these new U.S.-based perpetual-style futures that come with multi-year expiries.
Coinbase is setting itself up as the go-to, regulated option for traders who usually look overseas to get what they want.
