Coinbase Global Inc. intends to introduce perpetual futures trading for customers in the United States, according to multiple statements posted on 12 June. The initiative marks the company’s first domestic offering of the high-leverage crypto derivative, which has no maturity date and dominates volumes on offshore exchanges. The contracts are expected to be listed through Coinbase Financial Markets, the exchange’s CFTC-regulated venue. Market observers cited a platform upgrade scheduled for 14 June that could coincide with the launch, although the company has not confirmed a specific date. By bringing perpetual futures onshore, Coinbase would give U.S. traders an alternative to offshore platforms such as Binance and could reshape competition in the multi-trillion-dollar crypto derivatives market. Coinbase shares trade on Nasdaq under the ticker COIN.