Coinbase Expands Perpetual Markets with Three New Cryptocurrencies

In a move to diversify its trading options and boost user engagement, Coinbase, a leading global cryptocurrency exchange, has announced the addition of three new cryptocurrencies to its perpetual markets.

This expansion aligns with Coinbase’s strategy to enhance its trading ecosystem and remain competitive in the fast-changing crypto landscape.

New Trading Pairs Now Live

Coinbase has officially launched trading for ONDO-PERP, PYTH-PERP, and ZETA-PERP on its perpetual markets as of today, May 23. These new trading pairs are available on both Coinbase International Exchange and Coinbase Advanced, with various order types such as limit, market, stop, and stop-limit orders.

Initially, these new pairs will be in a post-only mode, allowing users to place and cancel limit orders without order matches. This phase will last for at least one minute, ensuring a smooth transition to full trading.

Market Performance of New Cryptocurrencies

Ondo (ONDO): Priced at $0.9847, with a 24-hour trading volume of $195.7 million, ONDO has seen a 6.77% increase in the last 24 hours and a 14.30% rise over the past week.
Pyth Network (PYTH): Currently at $0.4542, with a 24-hour trading volume of $115 million, PYTH has experienced a 2.95% decrease in the last 24 hours but a 3.62% increase over the past week.
ZetaChain (ZETA): Valued at $1.56, with a 24-hour trading volume of $28 million, ZETA has declined by 3.04% in the last 24 hours and 7.80% over the past week.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.