Coinbase International Exchange enhances its services with support for Polkadot, Internet Computer, and NEAR protocol futures.
Starting February 22nd at 10:00 AM (UTC), the DOT-PERP, ICP-PERP and NEAR-PERP markets will be accessible, diversifying your trading options.
The move comes amid a notable increase in Ether derivatives trading activity, with Coinglass reporting that cumulative open interest in ETH futures has exceeded $10.1 billion.
Similarly, Derebit observed that open interest in Ether perpetual futures contracts hit an all-time high of over $690 million.
Perpetual contracts, known for having no expiration date, allow traders to hold positions indefinitely, providing a dynamic trading environment.
The surge in open interest since early February and the increase in Ether perpetual futures funding rate from 0.00045% to 0.035% reflects increased optimism among traders and a bullish outlook in the market.
