NEAR - Sponsor Image NEAR - Confidential swaps across 35+ chains Friend & Sponsor Learn more
Home,   Read,   Article

Getting to Know Crypto Perps

U.S. Coinbase users now have access to a powerful new trading tool, but tread carefully!
Getting to Know Crypto Perps
David Christopher David Christopher
Jul 23, 2025 • 4 min read
3
0
AI
Open in ChatGPT Open in Claude View as Markdown

Subscribe to Bankless or sign in

Yesterday marked a watershed moment for American crypto traders. 

Coinbase launched the first CFTC-regulated perpetual futures or “perps” in the U.S.. If you've been stuck using VPNs to access offshore exchanges or simply avoided perps altogether, this changes everything.

In case you didn’t know, perpetual futures are the backbone of crypto’s capital markets, accounting for over 90% of global derivatives volume. And now, they're finally legal and accessible for US traders.

Abonnez-vous gratuitement pour continuer à lire

  • Soutenez le mouvement Bankless
  • Accès à des milliers d’articles
  • Archive complète des épisodes Bankless
  • Lancez-vous dans des quêtes gratuites sur Airdrop Hunter
  • De l’alpha quotidien dans votre boîte mail

Déjà abonné ? Se connecter


NEAR - Sponsor Image
Sponsored NEAR Confidential swaps across 35+ chains
Getting to Know Crypto Perps
Dans l’article
Coinbase Coinbase Bitcoin Bitcoin Binance Binance Hyperliquid Hyperliquid
David Christopher

Written by David Christopher

647 Articles • View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

No Responses
Rechercher sur Bankless