Binance will launch a COINUSDT perpetual futures contract on February 9, 2026. This move is anticipated to increase trading flow, liquidity, and potential volatility for Coinbase stock (COIN).
The derivative product provides traders with new ways to speculate on or hedge COIN positions.
The launch follows a volatile period for Coinbase shares. COIN saw a 13% rebound on Friday, February 6.
This occurred alongside a broader cryptocurrency recovery. Bitcoin reclaimed the $70,000 level during this period.
The new futures contract could amplify these market movements. It is expected to attract more trading activity to the stock.