According to reports, Coinbase has launched regulated futures linked to it Shiba Inuwhich opened the token to trading on a US derivatives platform.
The new products include perpetual contracts and monthly futures, pegged to wat Coin base mentions the 1k SHIB index (a 1,000 token index), where trading will take place 24/7.
The rollout began on December 5, 2025, as part of a broader push by the exchange to add altcoin derivatives listings under US rules.
Regulated futures come onto the market
Reports have revealed that the perpetual contracts operate like offshore swaps in form, but are offered through Coinbase’s regulated platform and are designed to include a funding interest mechanism to keep prices close to the spot price.
Now live: Trade US perpetual futures for all altcoins on Coinbase Derivatives, available 24/7.
→ Shiba Inu $SHIB
→ Avalanche $AVAX
→ Bitcoin cash $BCH
→ Cardano $ADA
→ Chain link $LINK
→ Dogecoin $DOGE
→ Hedera $HBAR
→ Litecoin $LTC
→ Polka dot $POINT
→ SUI $SUI
→… pic.twitter.com/yjS2XsQ2jN— Coinbase Markets
(@CoinbaseMarkets) December 15, 2025
In a first phase, monthly contracts were made available. Clearing and settlement are handled within systems that are compliant with US supervision, and the products are described as compliant Commodity Futures Trading Commission frames.
What traders and institutions could do
Market participants say having regulated futures could change who trades a token. Institutional agencies and some large funds often require regulated locations and clearer custody paths before increasing exposure.
Added liquidity and 24-hour pricing could attract more active traders, and that could increase volume. At the same time, access to futures also makes it easier to bet against the token, which can increase volatility. Reports note that the immediate moves in the spot markets are mixed, showing that access to derivatives does not automatically increase the price of the token.
Because SHIB regulated futures on Coinbase (“1k Shib Index”), it qualifies for spot ETF consideration under the same SEC path that Bitcoin and Ethereum followed.
The big picture for SHIB
•SHIB now joins the “ETF watchlist club” with other futures-backed cryptos. •If/when… pic.twitter.com/cZPxUWWhBn
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 18, 2025
Market context and exchange strategy
Coinbase’s decision follows steps the exchange has taken to grow its derivatives business. Company documents and public letters in 2025 cited the growth of derivatives as a strategic priority, and the company has pursued deals and product launches to expand these capabilities.
One notable deal previously disclosed was a nearly $3 billion deal to strengthen derivatives knowledge and infrastructure. This background helps explain why Coinbase offers altcoin futures that are traded continuously, under a regulated roof.
Featured image of Gemini, chart from TradingView