Coinbase Global (COIN) has launched perpetual futures, enabling traders to leverage positions up to 10 times their initial investment. This move expands leveraged trading options for U.S. investors, offering greater flexibility and potential returns in cryptocurrency markets.

Following the announcement, Coinbase shares rose 2.8% in pre-market trading on Monday, supported by President Trump’s softened stance on U.S. tariffs on China, which bolstered investor appetite for risk assets.

The introduction of perpetual futures, combined with favorable market sentiment, positions Coinbase to capture increased trading activity and engagement from both retail and institutional investors.