Coinbase Derivatives is set to launch US Perpetual-Style Futures on July 21, introducing a new product suite that will track spot prices and offer leverage while adhering to CFTC regulations. These long-dated futures contracts will feature a funding rate mechanism to maintain alignment with the spot market, providing a unique trading experience for users.

Kraken is enhancing its trading platform by providing access to a wider range of CME Group’s derivatives contracts, including oil, gold, and equity indices. This initiative aligns with the exchange's strategy to create an all-in-one trading experience as it prepares for a potential public listing.