Coinbase has been in the news recently for expanding its trading offerings, introducing several indices, and launching new perpetual futures markets. The major cryptocurrency exchange initiated the Coinbase 50 Index—a global benchmark for tracking the performance of the industry's most capitalized digital assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Dogecoin (DOGE). It's clear that the platform is upgrading its infrastructure and aiming to broaden its reach.
Among the perpetual futures added to the platform,
Perpetual Protocol (PERP) stands out. PERP has been gaining traction due to technological advancements and its promising investment opportunities. Investors and users of the protocol reap significant benefits from its flexibility and functionality. Any change in the direction, whether positive or negative, can result in substantial returns for investors.
BASE Layer-2 Blockchain is also experiencing a wave of advancements with BSX, launching the first CLOB Perp Exchange. Additionally, Coinbase’s derivatives trading portfolio continues to expand with the addition of assets like JUP, TNSR, and JTO. The platform also announced futures listing for multiple meme coins during a price dip, which has significantly affected the entire cryptocurrency market.
Despite the recent announcements and bug fixes from Coinbase, we can conclude that the exchange is actively working to make cryptocurrencies more accessible to its users by adding new features, supporting more coins, and refining its systems.
PERP Coin News Analytics from Thu, 01 Aug 2019 07:00:00 GMT to Tue, 19 Nov 2024 18:14:17 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 4
