Coinbase launched 24/7 trading for U.S.-regulated gold and silver futures on June 13, 2026, through its Coinbase Derivatives Exchange. Eligible U.S. traders can now buy and sell precious metals around the clock, including weekends and holidays. CEO Brian Armstrong announced the launch via social media, calling it another industry first. The move reflects crypto's always-on trading model influencing traditional commodity markets, which have historically operated within limited hours.
Coinbase Derivatives Exchange Offers Gold and Silver Futures Contracts
Through Coinbase Derivatives Exchange, eligible U.S. traders can access regulated gold and silver futures nearly 24 hours a day, seven days a week. The contracts include one troy ounce of gold and 50 troy ounces of silver. Traders can access the products through participating brokers, including Interactive Brokers and NinjaTrader. The launch removes one of the biggest limitations of traditional commodity markets: restricted trading hours. For decades, investors have had to wait for markets to reopen after weekends or major holidays. Under Coinbase's new model, traders can react to economic events, geopolitical developments, or market-moving headlines as they happen.
Brian Armstrong Announces Launch as Industry First
Coinbase CEO Brian Armstrong highlighted the significance of the launch in a social media post. The company sees the move as a natural extension of crypto's trading culture, where markets never close. According to Coinbase, continuous trading creates more efficient price discovery and gives investors greater flexibility to manage risk during periods of uncertainty.
Gold and Silver Market Valuations Exceed $14 Trillion Combined
Gold and silver remain two of the most widely traded stores of value in the world. The global gold market is estimated to be worth more than $13 trillion, while silver's market value exceeds $1 trillion. Demand for both assets has remained strong amid inflation concerns, central bank buying, and geopolitical tensions. Historically, futures markets for precious metals have been dominated by institutional participants because of large contract sizes and specialized brokerage requirements. Coinbase says its new structure lowers barriers to participation while making commodity exposure more accessible.
Coinbase Expands Everything Exchange Strategy with Traditional Assets
The launch fits into Coinbase's broader vision of creating what it describes as an "Everything Exchange." Over the past two years, the company has expanded beyond spot crypto trading into perpetual futures, stock-linked products and derivatives. The addition of precious metals represents another step in bringing traditional assets onto digital trading infrastructure. For non-U.S. users, Coinbase has already launched gold and silver perpetual futures settled in USDC. This allows eligible traders to gain exposure through crypto-native products. For traders, the biggest advantage is flexibility. Market participants can now hedge positions or respond to breaking news without waiting for traditional markets to reopen.
FAQ
What did Coinbase launch on June 13, 2026?
Coinbase launched 24/7 trading for U.S.-regulated gold and silver futures through its Coinbase Derivatives Exchange. Eligible U.S. traders can buy and sell precious metals around the clock, including weekends and holidays.
What are the contract sizes for Coinbase's gold and silver futures?
The contracts include one troy ounce of gold and 50 troy ounces of silver. Traders can access the products through participating brokers, including Interactive Brokers and NinjaTrader.
How large is the global gold and silver market?
The global gold market is estimated to be worth more than $13 trillion, while silver's market value exceeds $1 trillion. Demand for both assets has remained strong amid inflation concerns, central bank buying, and geopolitical tensions.
