Coinbase Introduces Pre-Launch Crypto Futures

Coinbase introduces pre-launch markets for trading upcoming crypto futures, limited to non-U.S. users

[{"selector":"#anim-bfef332e-515e-4dea-89a1-e55ee84e5bc6","keyframes":{"transform":["translate3d(-133.61345%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21478b42-6569-430c-9f29-67317a25f551","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1900b3e5-e0f1-4dec-b213-e6b5d8eed3f3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

This initiative aims to stabilize volatility using a 4-hour exponential moving cost average for price determination before official launches

[{"selector":"#anim-05f30354-41df-4600-9c66-ecae057395a5","keyframes":{"transform":["translate3d(-121.50538%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b973f469-2c2e-46a0-8aab-327cf5dccaa6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab29c68e-5700-4683-a6db-49b600300e40","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Risk management includes strict limits of 2x leverage and a $50,000 position cap to mitigate high volatility and liquidity risks

[{"selector":"#anim-aa2b3415-983e-40a9-96bc-1bd10d1e4b18","keyframes":{"transform":["translate3d(-126.49254%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cee0b61-a140-45f6-8442-b8b5b494681c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-859f803f-30bc-4408-aaf8-722c49008475","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Excluded from Coinbase's Liquidity Support Program, these markets carry unique risks such as increased volatility and liquidation risks

[{"selector":"#anim-59d8f5f5-bfd9-4632-91b0-573476ed2607","keyframes":{"transform":["translate3d(-122.02167%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b206917-7314-4ebb-9a8c-60ede2e1eb3e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee95f041-66df-43e5-b9e3-9213f7727111","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The introduction of pre-launch markets expands trading opportunities in the crypto space, influencing price discovery for new projects

[{"selector":"#anim-b0fc09b7-42f3-48a0-b357-bfe6a93c4b19","keyframes":{"transform":["translate3d(-128.46154%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e870a9db-1977-4871-94f8-aac30d46cd1d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1b0d9b90-75c9-4807-8ed8-fcaa88c1f6a7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]