Coinbase Launches Gold & Silver Perpetuals: 25x Leverage, 24/7 Trading!

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Coinbase Expands Derivatives Push With <a href="https://minority-mindset.com/gold">Gold</a> and <a href="https://bbg-news.com/silver">Silver</a> Contracts

Key Highlights

  • Coinbase introduces GOLD-PERP and SILVER-PERP contracts for global traders.
  • Contracts are USDC-settled and perpetual and offer up to 25x leverage.
  • It is available via Coinbase International Exchange for non-U.S. users.

As a crypto investor, I’m pretty excited to see Coinbase now offering gold and silver perpetual futures on their advanced platform. Basically, they’re bringing traditional assets – things people have used to store value for ages – into the crypto world. This means I can trade gold and silver around the clock, just like crypto, and it’s more efficient with my capital than traditional markets. It’s a cool way to diversify and trade familiar assets with the speed and accessibility of crypto.

The new perpetual contracts are now available for individual and professional traders outside of the US. You can access them through Coinbase International Exchange (operated by Coinbase Bermuda Ltd., which is authorized by the Bermuda Monetary Authority) and Coinbase Advanced.

Coinbase now offers perpetual futures trading for gold and silver. This brings these traditional investments onto our secure and advanced trading platform. We’re also planning to add 24/7 trading for U.S. gold and silver futures soon.

— Coinbase 🛡️ (@coinbase) May 6, 2026

These contracts allow you to trade gold and silver with perpetual futures that don’t expire. One contract (GOLD-PERP) represents one troy ounce of gold, and the other (SILVER-PERP) represents one troy ounce of silver. You can trade with up to 25x leverage and small order sizes, using various order types like limit, market, stop, and stop-limit orders.

Currently, US traders can buy and sell gold and silver futures contracts on Coinbase Derivatives, a platform regulated by the CFTC. Coinbase is working with regulators to make these contracts available for trading 24 hours a day, 7 days a week. If approved, this would be the first time precious metals futures have been traded around the clock in the US, matching the constant availability of cryptocurrency trading.

Why traditional assets? 

As a researcher tracking global markets, I’ve been observing the continued strength of gold and silver. The gold market, in particular, is massive – currently valued at over $13 trillion. What’s driving this? We’re seeing a surge in demand, largely fueled by global political uncertainty, concerns about inflation, and consistent buying from central banks. People tend to turn to these commodities as safe investments during turbulent times, and that trend is definitely playing out right now.

This new product lets users trade smaller amounts, settle transactions with USDC, and easily add it to their existing crypto investments. This launch is part of Coinbase’s strategy to expand its derivatives offerings, which currently include perpetual contracts for crypto, stocks, equity indexes, and traditional commodities. In early 2026, the total value of commodity futures traded on the platform exceeded $52 billion.

Recent layoffs

This announcement follows Coinbase’s recent decision to cut roughly 14% of its staff – over 700 people – with reports indicating those affected received no severance or transition assistance.

The recent layoffs are particularly concerning for Indian employees, both those working in India and those in the United States on H-1B visas. While US-based employees will receive a severance package including 16 weeks of pay, an additional two weeks for each year worked, their next equity payout, and six months of continued health insurance, details about support for Indian workers are limited to promises of “comparable packages.”

CEO Brian Armstrong admitted the decision would likely come as a shock and be difficult for those affected, promising limited help with the transition for employees on visas, which has caused considerable worry about their ability to remain in the country.

A diversified approach 

This new feature lets crypto traders explore traditional commodities like gold and oil without needing to use a different platform. It also brings the benefits of constant trading and automated payments to commodity traders. US residents can now trade futures through authorized financial firms and brokers.

Trading derivatives is very risky and could result in significant losses, so it’s not suitable for every investor. Leverage can greatly increase both potential profits and losses. Coinbase’s recent actions demonstrate its goal to connect traditional financial markets with the world of cryptocurrency.

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2026-05-06 21:25