Coinbase is shaking things up! The platform is expanding its crypto derivatives offerings, now including 24/7 futures trading for Shiba Inu (SHIB) and a bunch of other altcoins. It's a bold move that could reshape how we trade these digital assets.

Coinbase 正在撼動一切！該平台正在擴大其加密衍生品產品，現在包括柴犬（SHIB）和許多其他山寨幣的 24/7 期貨交易。這是一個大膽的舉動，可能會重塑我們交易這些數字資產的方式。

Coinbase Goes All-In on Altcoin Futures

Coinbase 全力投資山寨幣期貨

Starting December 5, 2025, Coinbase Derivatives will roll out 24/7 trading for monthly futures on popular altcoins like SHIB, Bitcoin Cash (BCH), Dogecoin (DOGE), Cardano (ADA), and more. They're also prepping U.S. perpetual-style futures for these same coins, offering a fixed five-year expiration. This builds upon their existing always-on markets for Bitcoin, Ethereum, Solana, and XRP.

從 2025 年 12 月 5 日開始，Coinbase Derivatives 將針對 SHIB、比特幣現金 (BCH)、狗狗幣 (DOGE)、卡爾達諾 (ADA) 等熱門山寨幣推出 24/7 每月期貨交易。他們還為這些代幣準備美國永續式期貨，提供固定的五年期限。這建立在現有的比特幣、以太坊、Solana 和 XRP 市場之上。

Why 24/7 SHIB Trading Matters

為什麼 24/7 SHIB 交易很重要

This move has some pretty significant implications. First, it allows traders to buy and sell altcoin futures whenever they want, boosting liquidity and potentially drawing activity away from overseas exchanges. Second, these new perpetual futures comply with U.S. regulations, making them attractive to institutional investors seeking a regulated trading environment. Finally, the five-year futures offer a middle ground between short-term and perpetual contracts, providing flexibility with a defined end date.

此舉有一些相當重要的影響。首先，它允許交易者隨時買賣山寨幣期貨，從而提高流動性，並可能吸引海外交易所的活動。其次，這些新的永續期貨符合美國法規，對尋求受監管交易環境的機構投資者俱有吸引力。最後，五年期期貨提供了短期合約和永續合約之間的中間立場，提供了確定結束日期的靈活性。

Coinbase vs. Offshore Giants

Coinbase 與離岸巨頭

Coinbase isn't shy about its ambitions. By offering nonstop futures trading for altcoins, they're directly competing with offshore giants like Binance and Bybit. It's a clear signal that Coinbase is serious about building a robust derivatives market and becoming the go-to, regulated option for traders.

Coinbase 並不羞於表達自己的雄心。通過提供不間斷的山寨幣期貨交易，他們直接與幣安和 Bybit 等離岸巨頭競爭。這是一個明確的信號，表明 Coinbase 認真致力於建立一個強大的衍生品市場，並成為交易者的首選、受監管的選擇。

A Word on SHIB: Proceed with Caution

關於 SHIB 的一句話：謹慎行事

While the prospect of 24/7 SHIB trading on Coinbase is exciting, it's crucial to remember that Shiba Inu remains a meme coin with significant volatility. While some investors dream of SHIB reaching $1, the current tokenomics make that highly unlikely. Always do your own research and invest responsibly.

雖然 Coinbase 上 24/7 SHIB 交易的前景令人興奮，但重要的是要記住，柴犬仍然是一種波動性很大的模因幣。雖然一些投資者夢想 SHIB 達到 1 美元，但目前的代幣經濟學使這一目標極不可能實現。始終進行自己的研究並負責任地投資。

The Weekend Gap: A Potential Risk

週末缺口：潛在風險

As real-world assets (RWAs) get tokenized and brought on-chain, a new risk emerges: the weekend gap. Traditional markets are closed on weekends, while crypto trades 24/7. This mismatch could lead to price dislocations, especially if oracles (which provide real-world data to blockchains) don't update prices during the weekend. Imagine a Tesla factory exploding on a Sunday – the on-chain tokenized stock could keep trading at a "ghost" price, creating arbitrage opportunities or under-collateralizing lending protocols. It's something to watch as the industry evolves.

隨著現實世界資產（RWA）被代幣化並上鍊，一個新的風險出現了：週末缺口。傳統市場週末休市，而加密貨幣則 24/7 全天候交易。這種不匹配可能會導致價格錯位，特別是如果預言機（向區塊鏈提供真實數據）在周末不更新價格的話。想像一下特斯拉工廠在周日發生爆炸——鏈上代幣化股票可能會繼續以“幽靈”價格交易，從而創造套利機會或抵押貸款協議不足。隨著行業的發展，這是值得關注的事情。

Final Thoughts

最後的想法

Coinbase's move into 24/7 altcoin futures trading is a game-changer, potentially attracting institutional investors and reshaping the crypto derivatives landscape. While it's exciting to see SHIB included in this expansion, remember to trade responsibly and be aware of the inherent risks. Who knows, maybe one day we'll all be trading crypto futures while sipping our Sunday morning coffee. The future is weird, but hey, at least it's always open for business!

Coinbase 進軍 24/7 山寨幣期貨交易領域是一個遊戲規則改變者，有可能吸引機構投資者並重塑加密貨幣衍生品格局。雖然看到 SHIB 納入此次擴張令人興奮，但請記住負責任地進行交易並意識到固有風險。誰知道呢，也許有一天我們都會一邊喝著周日早上的咖啡一邊交易加密貨幣期貨。未來很奇怪，但是嘿，至少它總是開放的！