Coinbase, a prominent platform in the cryptocurrency market, has made significant strides in the
perpetual trading space, introducing new assets to its platform, including
PERP Coin (Perpetual Protocol). The much-celebrated
Coinbase 50 Index, a global benchmark for crypto, includes top digital assets like Bitcoin, Ethereum, and PERP, among others. This major move helped push the
price of Perpetual Protocol upward. Meanwhile, the defi Perp Protocol
Hyperliquid has seen unprecedented daily volumes spurred by new listings.
Perp trading has also been expanded to new assets like PENGU, POPCAT, HNT, as well as meme-inspired coins during a significant price dip.
Coinbase also plans to launch several
Perpetual Futures and suspend FTM-PERP trading commencing a debate on potential price adjustments. Observers also noted that Solana experienced a 3% price jump as Perp DEXes recorded rapid growth. Accelerating this trend is the
Perpetual Protocol, HyperLiquid, which reached a platform activity milestone of $500B. The promising Perpetual DEX projects are setting a new trend with
Cables Finance unlocking real-world assets and
Decentralized Derivatives: on the rise. Also of note is the recent spike in volume of Shiba Inu, driven in part by Coinbase's launch of SHIB Futures for institutions.
PERP Coin News Analytics from Thu, 24 Oct 2019 13:44:35 GMT to Wed, 19 Feb 2025 11:25:08 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -3
