Lumyna Crypto News Reports
Coinbase International Exchange is set to expand its offerings by adding perpetual futures for Compound (COMP), UXLINK, and Aethir (ATH), with trading slated to begin on or after 9:30 AM UTC on April 17, 2025. This move marks another step in Coinbase’s aggressive push into the derivatives market, targeting both its International Exchange and Coinbase Advanced platforms. The announcement, made today, has sparked interest among crypto traders and investors eager to capitalize on these emerging assets in a perpetual futures format, which allows for leveraged trading without expiration dates.
The new markets, labeled COMP-PERP, UXLINK-PERP, and ATH-PERP, will provide users with enhanced flexibility to speculate on or hedge against the price movements of these tokens. Perpetual futures have become a popular tool in the crypto space, offering continuous trading opportunities that align with the 24/7 nature of digital asset markets. Lumyna Crypto News reports that this development highlight Coinbase’s commitment to diversifying its product suite and catering to a global audience of sophisticated traders.
What This Means for Traders
Coinbase’s decision to list perpetual futures for Compound, UXLINK, and Aethir reflects the growing demand for derivatives tied to innovative blockchain projects. Compound, a decentralized finance (DeFi) protocol, enables users to lend and borrow crypto assets, with its governance token, COMP, playing a central role. UXLINK, a newer player, is gaining traction as a social growth blockchain, recently launching its UXLINK ONE Chain testnet. Aethir, meanwhile, focuses on decentralized cloud computing, offering scalable infrastructure for Web3 applications. By introducing these assets to its perpetual futures lineup, Coinbase is positioning itself as a hub for trading both established and emerging tokens.
The launch, scheduled for April 17, 2025, will occur after 9:30 AM UTC, giving traders ample time to prepare strategies. Perpetual futures differ from traditional futures by lacking an expiration date, meaning positions can be held indefinitely as long as margin requirements are met. This feature, combined with leverage, makes them attractive for both short-term speculators and long-term investors. Lumyna Crypto News reports that the addition of COMP-PERP, UXLINK-PERP, and ATH-PERP could drive liquidity and volatility in these markets, offering fresh opportunities in the crypto trading ecosystem.
Coinbase’s Broader Derivatives Strategy
This announcement fits into Coinbase’s broader strategy to bolster its derivatives offerings, a segment it has been expanding since early 2025. Earlier this year, the exchange introduced 24/7 futures trading for Bitcoin and Ethereum, followed by listings for tokens like Binance Coin (BNB), Solana (SOL), and Hedera (HBAR). The move to include Compound, UXLINK, and Aethir perpetual futures builds on this momentum, aligning with Coinbase’s goal to compete with offshore exchanges that have long dominated the perpetual futures space.
By integrating these markets into both Coinbase International Exchange and Coinbase Advanced, the platform is targeting a dual audience: international traders seeking diverse options and advanced U.S.-based users looking for sophisticated tools. The exchange’s compliance with regulatory bodies like the U.S. Commodity Futures Trading Commission (CFTC) for its derivatives arm ensures that these offerings meet stringent standards, a factor that sets Coinbase apart from unregulated competitors. Lumyna Crypto News reports that this regulatory backing could attract institutional players, further boosting trading volume.
Why Compound, UXLINK, and Aethir?
The selection of Compound, UXLINK, and Aethir highlights Coinbase’s focus on projects with strong fundamentals and growing ecosystems. Compound’s role in DeFi has made it a staple in the crypto world, with COMP serving as a governance token that empowers its community. UXLINK, with its recent blockchain testnet launch, is carving a niche in social-driven Web3 applications, potentially appealing to a younger, socially engaged user base. Aethir’s decentralized cloud solutions cater to the increasing demand for Web3 infrastructure, positioning it as a forward-thinking addition to Coinbase’s roster.
Analysts suggest that these tokens’ inclusion in perpetual futures markets could amplify their visibility and adoption. Perpetual futures often act as a gateway for traders to explore underlying assets, potentially driving demand for COMP, UXLINK, and ATH on spot markets as well. Lumyna Crypto News reports that sentiment on platforms like X is already buzzing, with traders anticipating price movements ahead of the April 17 launch.
Market Implications and Next Steps
The introduction of COMP-PERP, UXLINK-PERP, and ATH-PERP on April 17, 2025, could have ripple effects across the crypto market. Perpetual futures tend to attract high trading volumes due to their flexibility and leverage options, which could increase price volatility for these tokens. For investors, this presents both risk and reward, as leveraged positions can magnify gains or losses. Coinbase’s track record of successful futures launches—such as its BNB perpetual futures debut in early April—suggests that these new markets could see significant activity from day one.
As the launch date approaches, traders are advised to monitor updates from Coinbase International Exchange and Coinbase Advanced for precise details on leverage levels, funding rates, and market availability. Lumyna Crypto News will continue to track this story, providing insights into how these perpetual futures shape the trading landscape for Compound, UXLINK, and Aethir. With the crypto market evolving rapidly, Coinbase’s latest move reinforces its position as a leader in the space, delivering innovative tools for a global audience.
