Coinbase Announces Launch of YB Perpetual Futures

Coinbase announced the launch of YB perpetual futures trading on October 15, 2025, starting at 14:00 UTC in regions with sufficient liquidity.

This launch could influence trading activity across affected altcoins, including BTC and ETH, highlighting Coinbase's expanding futures offerings in supported jurisdictions.

The introduction of YB perpetual futures

The introduction of YB perpetual futures focuses on enhancing Coinbase's derivatives market offerings. It is anticipated to affect liquidity volumes, especially in altcoin perpetuals like YB, given the increasing demand for cryptocurrency derivatives.

Major statements or reactions from cryptocurrency industry leaders were not publicly evident immediately following the announcement. However, similar contracts were launched by other platforms, including Huobi HTX, which could influence short-term trading behavior and competition.

“YB perpetual futures trading will begin on October 15, 2025. If liquidity conditions are met in the regions where transactions are supported, our YB-PERP market will open on or after 14:00 UTC.” — Coinbase Markets 🛡️, Official X/Twitter Channel, Coinbase

Impact of YB Launch on Liquidity and Competition

Did you know? Historical launches of perpetual contracts by Coinbase have typically caused short‑lived increases in trading volumes, yet recent listings had minimal impact on long‑term market prices.

According to CoinMarketCap, YieldBasis (YB) is currently priced at $0.65 with a market cap of $57.35 million. The token's 24‑hour trading volume reached $386.84 million, although its price has experienced a consistent decline of 26.19 % over the past three months.

Insights from the Coincu research team suggest the simultaneous introduction of YB perpetual futures on multiple exchanges might result in short‑term speculative activity but is unlikely to cause substantial regulatory shifts given the lack of direct commentary from regulatory bodies.