Coinbase has announced upcoming support for perpetual futures for Aerodrome Finance, Beam, and Drift Protocol.
Trading perpetual futures contracts for airport financing (Aero),beam(beam), and drift (Drifting) will be published on Coinbase International Exchange and Coinbase Advanced, the US-based exchange Announce It's January. 9.
Specifically, Coinbase plans to open trading in the AERO-PERP, BEAM-PERP, and DRIFT-PERP markets on January 16, 2025. The assets are expected to go live on or after 9:30 AM UTC.
Perpetual futures, or “perps,” offer contracts where traders can speculate on the prices of cryptocurrencies or other assets.
Unlike futures contracts, PERCs do not have an expiration date. Coinbase announced the launch of perpetual futures trading in May 2023 and Expanded service To non-US retailers in September. Recent criminal lists for crypto tokens include support for ORDI, WLD, and PEPE.
Following the latest announcement, Aerodrome Finance, Beam, and Drift prices saw slight gains, with all three bouncing off their intraday lows alongside other cryptocurrencies. However, all three assets – AERO, BEAM and DRIFT – remain in the red at the time of writing, having fallen earlier in the day as Bitcoin (Bitcoin) struggled for upward momentum.
Aerodrome Finance is a decentralized exchange on Base, offering liquidity solutions for various digital assets. Beam operates a gaming network powered by the BEAM token. Following Etna's upgrade of Avalanche, Beam has moved to a full Layer 1 blockchain, opening up new possibilities for network growth.
Meanwhile, Drift is a Solana-based decentralized exchange (DEX) that enables users to trade, earn, and participate in prediction markets.
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