
Coinbase is expanding Base App’s trading capabilities through an integration with Hyperliquid, bringing leveraged perpetual futures to eligible users outside restricted markets.
The service provides access to more than 290 perpetual markets linked to BTC, ETH, equities, and commodities, allowing users to trade with up to 50x leverage. Hyperliquid handles execution.
The rollout targets a major segment of crypto trading activity. Coinbase said perpetual futures generate about 75% of current crypto trading volume and are among the most frequently requested offerings among Base App users.
Access will be restricted geographically. Users in the U.S., U.K., Canada, and other jurisdictions that limit leveraged crypto derivatives will not be able to use the product.
The Hyperliquid integration comes as Base App expands its product focus to trading, payments, and AI agent capabilities, beyond its earlier emphasis on social and creator features.
Source: Decrypt