Coinbase Institutional 🛡️

Institutions in the US and other eligible regions can now access global crypto derivatives through Coinbase Prime.

Spot. US futures. Custody. Financing. And now, global options and perps.

All in one place, with a unified view of positions and consolidated reporting.

24/7 markets have been live on Coinbase Derivatives for 18 months.

At FIA Expo, @Coinbase Derivatives CEO Eelke Jan Tuininga joined industry peers to discuss what the broader market still needs to make around-the-clock trading the industry standard.

Collateral mobility is the #1 obstacle to adoption. The solution? Our new USDC-native clearinghouse settles 24/7, so collateral can move when markets do.

Markets also need:

→ Steady demand
Operating 24/7 carries real cost; providers need volume to justify it. With retail participation rising and event-based hedging growing, demand continues to build.

→ Weekend liquidity
Quality market makers providing depth across every asset.

→ Risk controls
Safeguards that hold through large weekend moves.

The broad crypto market (as represented by the COIN50 Index) fell 9.33% in October, driven by hot inflation readings, elevated interest rates, and broad-based risk-off sentiment across asset classes.

In our monthly COIN50 recap thread, we review market performance, catalysts, and more.

Binance’s reported hot wallet incident has understandably left customers asking how Coinbase protects customer assets from something similar happening here.

Here are five key measures we take to safeguard the $375+ billion of assets on the Coinbase platform:

1. Keeping most assets offline: Over 99% of customer assets are held in cold storage.

2. Applying protections to how assets move: To help verify that fund movements match their intended purpose we use multiple layers of protection including distributed key protection, rate limits, anomaly detection, and kill switches.

3. Holding all customer assets 1:1. We never lend or use those assets unless customers instruct us to.

4. Employing an industry-leading security team. Coinbase is held to the standards of the largest financial institutions: Our U.S. custodian is a fiduciary under New York law, and in Europe Coinbase is authorized under MiCA and supervised by Luxembourg's CSSF.

5. Continuously improving safeguards and monitoring for threats: AI is rapidly changing the security landscape, and, in response, Coinbase will continue to invest in best-in-class security innovation.

Learn more about how we protect customer assets ↓

Perpetual futures took center stage at FIA Expo.

@bilyevsky joined industry leaders to break down contract mechanics, surging demand, and what’s next for the asset class.

Key takeaways
→ Structural efficiency: With an automated funding rate mechanism and no expirations, perps eliminate traditional contract frictions.
→ Growing demand: Adoption is accelerating across retail and institutions for both hedging and efficient exposure.
→ The next evolution: Perps are expanding beyond crypto and transforming broader markets.

Single stock perps are coming soon to @Coinbase.