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 正在撼动一切！该平台正在扩大其加密衍生品产品，现在包括柴犬（SHIB）和许多其他山寨币的 24/7 期货交易。这是一个大胆的举动，可能会重塑我们交易这些数字资产的方式。

Coinbase Goes All-In on Altcoin Futures

Coinbase 全力投资山寨币期货

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.

从 2025 年 12 月 5 日开始，Coinbase Derivatives 将针对 SHIB、比特币现金 (BCH)、狗狗币 (DOGE)、卡尔达诺 (ADA) 等热门山寨币推出 24/7 每月期货交易。他们还为这些代币准备美国永续式期货，提供固定的五年期限。这建立在现有的比特币、以太坊、Solana 和 XRP 市场之上。

Why 24/7 SHIB Trading Matters

为什么 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.

此举有一些相当重要的影响。首先，它允许交易者随时买卖山寨币期货，从而提高流动性，并可能吸引海外交易所的活动。其次，这些新的永续期货符合美国法规，对寻求受监管交易环境的机构投资者具有吸引力。最后，五年期期货提供了短期合约和永续合约之间的中间立场，提供了确定结束日期的灵活性。

Coinbase vs. Offshore Giants

Coinbase 与离岸巨头

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 并不羞于表达自己的雄心。通过提供不间断的山寨币期货交易，他们直接与币安和 Bybit 等离岸巨头竞争。这是一个明确的信号，表明 Coinbase 认真致力于建立一个强大的衍生品市场，并成为交易者的首选、受监管的选择。

A Word on SHIB: Proceed with Caution

关于 SHIB 的一句话：谨慎行事

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.

虽然 Coinbase 上 24/7 SHIB 交易的前景令人兴奋，但重要的是要记住，柴犬仍然是一种波动性很大的模因币。虽然一些投资者梦想 SHIB 达到 1 美元，但目前的代币经济学使这一目标极不可能实现。始终进行自己的研究并负责任地投资。

The Weekend Gap: A Potential Risk

周末缺口：潜在风险

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.

随着现实世界资产（RWA）被代币化并上链，一个新的风险出现了：周末缺口。传统市场周末休市，而加密货币则 24/7 全天候交易。这种不匹配可能会导致价格错位，特别是如果预言机（向区块链提供真实数据）在周末不更新价格的话。想象一下特斯拉工厂在周日发生爆炸——链上代币化股票可能会继续以“幽灵”价格交易，从而创造套利机会或抵押贷款协议不足。随着行业的发展，这是值得关注的事情。

Final Thoughts

最后的想法

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 进军 24/7 山寨币期货交易领域是一个游戏规则改变者，有可能吸引机构投资者并重塑加密货币衍生品格局。虽然看到 SHIB 纳入此次扩张令人兴奋，但请记住负责任地进行交易并意识到固有风险。谁知道呢，也许有一天我们都会一边喝着周日早上的咖啡一边交易加密货币期货。未来很奇怪，但是嘿，至少它总是开放的！