Coinbase Adds 50x Perps to Base App — Powered by Hyperliquid, and Not for Americans

Coinbase launched perpetual futures in its Base App on Wednesday, powered by Hyperliquid — eligible self-custody users get 290+ markets spanning crypto, tokenized stocks and commodities at up to 50x leverage, with Hyperliquid executing on its on-chain order book while users stay in-app. The product excludes the US, UK and Canada. It deepens an existing relationship: Coinbase became Hyperliquid's official USDC treasury deployer in May, and said perps are its users' most-requested feature.