Coinbase Perpetual Futures to List Akash, Zcash, and Moonwell

Coinbase has announced the listing of perpetual futures for Akash Network (AKT), Zcash (ZEC), and Moonwell (WELL). These contracts—AKT-PERP, ZEC-PERP, and WELL-PERP—are set to go live on March 27, 2025, at 9:30 AM UTC and will be available on both Coinbase International Exchange and Coinbase Advanced.

What This Means for Traders

Unlike traditional futures, perpetual contracts have no expiration date, allowing traders to hold positions indefinitely while leveraging market movements. The addition of these altcoin futures aims to:

• Increase market liquidity for AKT, ZEC, and WELL.
• Provide new trading opportunities for speculators and hedgers.
• Enhance exposure to diverse blockchain sectors.

With Akash Network offering decentralized cloud computing, Zcash focusing on privacy transactions, and Moonwell operating as a lending protocol, this move caters to a broad investor base looking to explore various crypto utilities.

Coinbase’s Global Strategy

The announcement for coinbase perpetual futures listings, has already sparked enthusiasm among traders. Given that crypto derivatives account for 75% of global trading volume, Coinbase’s expansion reflects its commitment to serving advanced traders outside the U.S.

• Contracts will settle in USDC, ensuring transaction stability
• Available only to non-U.S. traders who pass Coinbase’s eligibility checks
• Follows the success of Bitcoin and Ethereum perpetuals

What’s Next?

Industry analysts suggest that listing these lesser-known tokens in the perpetual futures market could increase their visibility and adoption. However, traders should remain cautious—leveraged positions come with risks, and market volatility can lead to significant losses.

With the March 27 launch approaching, the crypto world will be watching to see how these new markets perform—and whether Coinbase will continue expanding its altcoin derivatives portfolio.

Community Reactions

Brayden congratulates Akash community for the listing

CommanderMeds wrote : “$well moonwell looking to make big gains this week. A quick reclaim to .05 is in the cards. $aero $velo $morpho“