Coinbase has expanded its derivatives offerings by launching nano perpetual futures for XRP and Solana (SOL), following the earlier launch of nano Bitcoin and nano Ether futures in July.

These new futures, introduced on August 18, 2025, feature 10x leverage and are designed to lower entry barriers for retail traders, making leveraged trading more accessible.

The futures are fully regulated in the U.S., operating under CFTC oversight, and do not require monthly rollovers, which appeals to traders seeking continuous exposure.

Coinbase's strategic timing and product design aim to meet rising demand for high-volume altcoin exposure, especially among retail investors with smaller capital.

The launch is expected to boost liquidity and trading activity, with short-term market reactions showing price corrections after recent gains.

Analysts believe these products will enhance market transparency, liquidity, and efficiency, reinforcing Coinbase’s role as a key infrastructure provider in the U.S.

Coinbase aims to capture a share of the growing perpetuals market, competing with platforms like Hyperliquid, Kraken, and Robinhood.

This move reflects broader industry trends toward innovation and mainstream adoption of crypto derivatives, amidst developments like Deribit’s new offerings.

Coinbase’s expansion aligns with the broader institutionalization of crypto markets, emphasizing accessibility and technological innovation.

The launch follows the successful introduction of nano futures for Bitcoin and Ethereum, aiming to increase engagement from both institutional and retail traders.

These small-sized contracts, with 5 SOL or 500 XRP per unit, facilitate leveraged trading and are traded on Coinbase Derivatives, a CFTC-registered market.

The nano contracts are settled in USD and include funding rates to track spot prices, making them attractive for traders seeking continuous exposure.