Coinbase launches US500 perpetual contracts, allowing one-click long or short positions on the top 500 U.S. stocks

Coinbase announced the launch of the US500 perpetual contract product, allowing users to go long or short on the overall performance of the 500 largest companies by market capitalization in the United States through a single contract. This product is designed to provide traders with a convenient tool for exposure to U.S. stock index risk without the need to trade individual component stocks separately.

The US500 perpetual contract supports leveraged trading, enabling users to express their bullish or bearish views on the overall performance of large U.S. companies in a more efficient manner. Coinbase continues to expand its product line of derivatives and traditional financial assets to meet the diverse trading needs of institutional and retail users.