"" Coinbase Introduces 50x Leverage Crypto Perps to Base App
Coinbase has announced the addition of 50x leverage crypto perps to its Base App, allowing eligible users to trade perpetual futures. The integration gives users access to over 290 perpetual futures markets, including Bitcoin and Ethereum, as well as markets tied to stocks and commodities.
According to Coinbase Head of Engineering Chintan Turakhia, perpetual futures, or perps, are a key feature for power users, who can use leverage to control larger positions with less capital. The company's most active users have been requesting this feature, and the integration brings them the advanced trading tools they've been asking for.
How it Works
The perpetual futures product is executed by Hyperliquid, a high-performance onchain perps protocol. Users can trade more than 290 perpetual futures pairs around the clock, ranging from Bitcoin and Ethereum to tokenized stocks and commodities, with leverage of up to 50x depending on the asset. If losses exceed certain thresholds, the position can be liquidated.
Availability
The perpetual futures product is not available in the U.S., UK, Canada, or other jurisdictions that restrict leveraged crypto derivatives.
Background
Coinbase's Base App has undergone significant changes in recent months. In July, creator Jesse Pollak stepped back from leading the app, acknowledging that its push into social and creator coins had failed to drive adoption. Instead, prediction markets, perpetuals, and stablecoins have emerged as stronger drivers of adoption, with Base refocusing on trading, payments, and AI agents.
Categories: [business] Tags: [hyperliquid, coinbase, crypto perps, perpetual futures, base app] image_prompt: bold graphic of a trading screen with a cryptocurrency logo
