- Coinbase Derivatives is the first U.S. CFTC-regulated exchange offering 24/7 trading for Bitcoin and Ethereum futures, providing constant access.
- The introduction of 24/7 futures trading ensures U.S. traders can manage risk and respond to market events in real time, including weekends.
- Coinbase plans to launch perpetual futures contracts soon, expanding access to popular crypto derivatives within a regulated U.S. framework.
Coinbase Derivatives has introduced 24/7 futures trading for Bitcoin and Ethereum, becoming the first CFTC-regulated exchange in the U.S. to offer leveraged crypto futures around the clock. Starting May 9, 2025, traders can access the market any time
24/7 Futures Trading Expands U.S. Crypto Market Access
Coinbase Derivatives, LLC (CDE) now offers full time, institutional and retail-sized Bitcoin and Ethereum futures contracts. This marks the first time crypto futures have been available for US traders to trade around-the-clock, 24 hours, or 7 days, respectively, on an official platform. The aim is to provide the trader with instant response time—every time the markets move—rather than have to wait for traditional business hours.
By offering “round-the-clock and weekend trading,” the platform helps traders “manage risk, respond to price movements and market events in real time, including weekends.” With execution and risk tools available at all times, this setup reflects how crypto markets already operate—constantly and globally.
CDE has built its system to handle the continuous pace of digital assets. The infrastructure is designed to maintain performance at all hours, allowing traders to stay active without interruptions. It’s a major shift that finally brings U.S. markets in line with the always-on nature of crypto.
Clearing and Liquidity Backed by Industry Leaders
To ensure everything runs smoothly, all trades are cleared through Nodal Clear, a CFTC-regulated clearinghouse. Paul Cusenza, Chairman and CEO of Nodal Clear, said, “Extending futures trading to a 24/7 cycle is a fundamental evolution in market structure,” and that they’re providing “robust risk management around the clock.”
The platform also relies on trusted liquidity providers. Virtu Financial, a well-known market maker, is helping support consistent liquidity. Andrew Smith, Senior Vice President at Virtu, said they’re proud to back a platform that fits with “the global, always-on nature of digital assets” and aims to build “a more accessible, efficient, and robust 24/7 crypto derivatives market.”
The distribution is complemented with leading Futures Commission Merchants such as ABN AMRO, Wedbush Securities Inc., and Coinbase Financial Markets. This supports smooth onboarding and increased accessibility for customers throughout the nation.
Perpetual Futures Are on the Way
Whereas 24/7 trading of futures is just the big picture, though, Coinbase Derivatives is not resting there. The firm is “actively working to launch perpetual-style futures in the U.S.,” making available to retail consumers one of the best-used derivatives products in the world’s crypto markets—but under controlled circumstances.
Andy Sears, CEO of Coinbase Financial Markets, shared that “Coinbase Financial Markets is thrilled to be able to provide seamless, around-the-clock access to futures trading” through Coinbase Advanced.
Other partners echoed this momentum. Bob Fitzsimmons of Wedbush Securities called the move “a milestone that redefines access, flexibility, and responsiveness in modern markets.” Boudewijn Duinstra of ABN AMRO added that they’re “proud to support this next chapter alongside Coinbase Derivatives.”
The launch of 24/7 crypto futures is shaping up to be a defining moment for U.S. traders, aligning regulated markets with the nonstop rhythm of crypto.
