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Coinbase Derivatives is set to introduce margined futures contracts for Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Stellar (XLM), and Shiba Inu (SHIB). The company announced this on June 28 and filed with the CFTC under a self-certification model. These new products are scheduled for launch on July 15.
As the first US futures exchange to offer such contracts for these tokens, Coinbase Derivatives is excited to lead market accessibility. The company believes these contracts will help participants manage risk, speculate on price movements, and invest with lower upfront capital requirements.
To ensure smooth operations, Coinbase Derivatives will partner with the clearing house Nodal Clear, third-party futures commission merchants (FCMs), and retail brokers. The company looks forward to the maturation of these derivatives contracts in a regulated market.
