- Coinbase launches perpetual trading for two DeFi tokens.
- Increased liquidity and market activity expected.
- Potential shifts in institutional trading strategies.
Coinbase International Exchange will initiate perpetual futures trading for DeFi App (HOME) and Spark (SPK) tokens on June 19, 2025, across Coinbase International and Coinbase Advanced platforms.
The launch of perpetual futures trading at Coinbase International is of significance due to its potential to enhance market liquidity and attract more institutional investors.
Coinbase International has announced the start of perpetual futures trading for the DeFi App (HOME) and Spark (SPK) tokens. Scheduled to begin on June 19, 2025, the trading will be available on its International Exchange and Advanced platforms. This move is aligned with the company’s strategic focus on expanding its DeFi offerings.
The announcement was made through @CoinbaseIntExch, the official Twitter account, though there were no direct quotes from the CEO or other top executives. The integration of perpetual contracts aims to increase participation from institutional traders and provide access to new trading pairs. This aligns with Coinbase’s tradition of supporting emerging DeFi assets and fostering new derivative products.
Coinbase International Exchange and Coinbase Advanced will introduce perpetual futures trading for DeFi App (HOME) and Spark (SPK) starting on or after 9:30 am UTC, June 19, 2025. Traders will gain access to HOME-PERP and SPK-PERP markets…
Following the addition of these tokens, there is an expected increase in spot and derivatives market volume. This momentum is likely to influence major DeFi assets like ETH due to potential shifts in liquidity and trading dynamics. Additionally, these integrations may lead to higher trading volume and volatility in paired assets, impacting overall price discovery.
Past events where Coinbase introduced perpetual contracts have resulted in increased attention and flow of institutional and retail investments. Such events typically lead to spikes in trading and volatility across both newly listed and associated DeFi sector tokens.
The market effects of introducing HOME and SPK as tradable futures may prompt broader sectorial impacts. As institutional interest grows, there is an anticipated increase in trading liquidity and market depth for related cryptocurrency assets. The trading pair HOME/USDT and SPK/USDT entering listing stages is expected to affect Total Value Locked (TVL) and other DeFi metrics as well.
Regulatory bodies have not issued formal comments on this launch, but the event marks another step toward the institutionalization and mainstream acceptance of DeFi. Increased regulatory engagement and visibility may soon follow as markets and participants adjust to the new trading opportunities Coinbase introduces with these contracts.
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