Coinbase Launches Pre-IPO Perpetual Futures Trading with SpaceX
Coinbase Launches Pre-IPO Perpetual Futures Trading with SpaceX
🚀 SpaceX futures live
Coinbase has introduced pre-IPO perpetual futures trading, starting with SpaceX. The product is available to eligible users outside the United States through Coinbase Bermuda Ltd.
Key Features:
- 24/7 trading with no expiry dates
- USDC-settled contracts
- Automatic conversion to regular perpetual futures upon IPO
- No user action required during IPO transition
Important Considerations:
- Uses valuation-based index pricing instead of standard pricing
- Higher volatility and lower liquidity than traditional perpetuals
- Elevated risk profile due to IPO conversion uncertainty
- Not affiliated with or endorsed by SpaceX
This product allows traders to speculate on pre-IPO company valuations before they go public. When the company eventually IPOs, positions seamlessly convert to standard perpetual contracts.
Learn more at Coinbase's blog and Help Centre.
Pre-IPO perps are coming to Coinbase. Starting today with SpaceX - now live for eligible users outside the US. 24/7 trading. USDC-settled. No expiry.
When the IPO happens, positions automatically transition to a regular perp. No action required. Find out more ↓ coinbase.com/blog/pre-ipos-…
Legal Stuff: Pre-IPO perps are live for eligible non-US users in select markets via Coinbase Bermuda Ltd (BMA-licensed). These differ from standard perps: valuation-based index pricing, IPO conversion risk, lower liquidity & higher volatility = elevated risk. Only trade what you
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