Coinbase Expands Perpetual Markets with Three New Cryptocurrencies
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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.
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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.