Coinbase Moves to Support US Stock Perpetual Futures, Arthur Hayes Responds
(1 hour ago) · 1 source · Summarized by CryptoBipto
Coinbase has reportedly backed perpetual futures contracts tied to US stocks, a product type pioneered in crypto markets. Arthur Hayes, co-founder of BitMEX and a well-known figure in the crypto derivatives space, said he was 'flattered' by the development, given his role in popularizing perpetual swaps.
WHY IT MATTERS
Perpetual futures are a type of financial contract that lets people bet on whether an asset's price will go up or down, without the contract ever expiring — unlike traditional futures, which have a set end date.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- cointelegraph.com
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- How do crypto trading and market structure work?How crypto markets are actually built — spot and futures, margin and leverage, liquidation, market makers, spreads and slippage — explained term by term.
- How do you buy cryptocurrency safely?How crypto exchanges, verification, on-ramps and order types work, so you understand each step of a first purchase before you make one.