Coinbase is expanding its derivatives offering by launching 24/7 futures trading for XRP and Solana (SOL) on June 13, 2025. The exchange will also roll out Hyperliquid (HYPE) perpetual contracts earlier, starting June 5. This move supports Coinbase’s strategy to become a dominant player in the global crypto derivatives market.
Coinbase Launches 24/7 XRP Futures Trading
With full 24/7 access, retail and institutional traders will get consistent market access. You will be able to leverage XRP futures up to 20x to execute higher capital efficiency strategies. Both the Advanced and International Exchange platforms of Coinbase will list these contracts.
Furthermore, users will be able to settle XRP futures in U.S. dollars or stablecoin USDC, giving them more flexibility and faster fiat settlement. The always-on crypto market is supported with round-the-clock access, allowing for more dynamic trading environments. The inclusion of XRP in the series represents Coinbase’s interest in offering futures options to top digital assets.
Starting June 13, we’re enabling 24×7 trading for $XRP and Solana ( $SOL ) futures, unlocking real-time access to U.S. traders, reflecting the always-on nature of crypto markets.
— Coinbase Institutional 🛡️ (@CoinbaseInsto) May 29, 2025
XRP futures are added to the mix when global futures trading volumes rise as investors gain an increasing appetite for leveraged crypto products. This makes Coinbase the first CFTC-regulated U.S. exchange to offer such trading 24/7. This is a crucial step forward for crypto finance on a compliant U.S. framework.

Solana Futures to Launch Alongside XRP for Wider Market Exposure
Along with XRP, Solana (SOL) futures will go live on June 13 across Coinbase Advanced and International Exchange platforms. SOL futures contracts will also support up to 20x leverage, offering users significant exposure with minimal capital. Coinbase aims to attract sophisticated traders who seek speed, efficiency, and high-liquidity instruments.
The decision to include Solana follows increased institutional interest and growing adoption of its underlying blockchain network. These futures contracts help traders hedge or speculate on SOL price movements using a regulated and secure exchange. Coinbase continues to increase product variety to suit evolving trader needs.

Solana’s addition supports Coinbase’s goal to provide deeper altcoin access across its derivatives platform. The exchange will offer settlement in both U.S. dollars and USDC, reducing onboarding friction. This structure benefits active market participants who require flexibility, liquidity, and efficient capital deployment.
Hyperliquid Futures to Debut Before XRP and Solana
Coinbase will begin offering perpetual futures contracts for Hyperliquid (HYPE) starting June 5, ahead of XRP and SOL listings. These contracts will be available 24/7, with up to 20x leverage on Coinbase Advanced and International platforms. Traders can maintain open positions indefinitely as long as they meet margin requirements.
Perpetual contracts on HYPE are designed to support more agile and long-term trading strategies without expiry. This allows users to hold positions without worrying about contract rollovers. Coinbase’s move to list HYPE reflects its aim to support new and emerging digital assets in the derivatives space.
Hyperliquid’s listing highlights Coinbase’s efforts to diversify its trading suite and support newer markets with high trader interest. These contracts cater to traders who demand round-the-clock trading without restrictions. The offering fits Coinbase’s broader strategy of leading in global crypto derivatives innovation.
FAQs
When will Coinbase launch XRP and SOL futures trading?
Coinbase will launch XRP and SOL futures on June 13, 2025.
What is the maximum leverage available?
Traders will be able to use up to 20x leverage on these futures.
Can users trade these contracts 24/7?
Yes, all new futures products will support 24/7 trading.
In what currencies can the contracts be settled?
Settlements are available in U.S. dollars and USDC.
What platforms will list these futures?
Coinbase Advanced and Coinbase International Exchange will both list the new futures contracts.
Glossary of Key Terms
Futures Contract: A legal agreement to buy or sell an asset at a predetermined price at a specified time in the future.
Perpetual Contract: A futures contract with no expiry date, allowing traders to hold positions indefinitely.
Leverage: A financial tool that allows traders to control a large position with a smaller amount of capital.
USDC: A U.S. dollar-backed stablecoin that maintains a 1:1 peg with the U.S. dollar.
CFTC: The U.S. Commodity Futures Trading Commission, which regulates derivatives markets.