币界网报道：Coinbase International Exchange is launching compliant perpetual futures contracts for retail traders on July 21, expanding its derivatives offerings after previously serving only institutional clients. The new products will initially support Bitcoin and Ethereum with up to 5x leverage, featuring USDC-denominated settlements and deep liquidity from Coinbase's existing institutional order book. This move comes as Coinbase seeks to compete with offshore crypto derivatives platforms like Binance and OKX, while maintaining strict compliance with U.S. regulations. The exchange has already onboarded over 100 institutional clients since opening its international platform in May. Coinbase emphasizes these contracts will operate within regulatory frameworks, offering traders a compliant alternative to unregulated offshore platforms. The launch marks a significant step in Coinbase's strategy to capture more market share in crypto derivatives trading while addressing growing demand from retail investors for leveraged products.