币界网报道：Coinbase has expanded its derivatives offerings by launching perpetual-style futures contracts, aiming to capture a significant share of the $93 billion crypto derivatives market. The new product, available to institutional clients via Coinbase Derivatives Exchange, allows traders to speculate on Bitcoin and Ethereum prices without expiration dates, similar to offerings from rivals like Binance and Bybit. The move comes as Coinbase seeks to diversify revenue streams amid declining spot trading volumes, with derivatives now accounting for roughly 75% of global crypto trading activity. The exchange has also introduced lower fees for market makers to boost liquidity, though retail traders remain excluded from these products due to regulatory constraints in the U.S. This strategic push into derivatives follows Coinbase's recent regulatory approvals and could position the platform to better compete with offshore exchanges dominating the sector.