Coinbase has launched perpetual futures on stocks of the 'Magnificent Seven' and ETFs, targeting eligible non-U.S. users. The offering includes perpetual futures on Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, and Tesla, as well as SPY and QQQ ETFs. Traders can access 24/7 trading with up to 10x leverage on stocks and 20x on ETFs, settled in USDC. The product supports unified margin management across perpetual and spot positions, helping traders better analyze support and resistance levels.

ChainCatcher report: According to official announcements, Coinbase's stock perpetual futures products are now officially available for trading by eligible non-U.S. users.The launch includes perpetual futures on the "Magnificent Seven" tech stocks: Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta Platforms, and Tesla, along with perpetual futures on the SPY and QQQ ETFs (available in permitted regions).The product supports 24/7 trading, with up to 10x leverage on individual stocks and up to 20x leverage on ETF perpetuals, settled in USDC, and features unified margin management across all perpetual and spot positions.