Coinbase said it will launch BRENT and WTI oil perpetual contracts at 17:00 UTC+8 on Aug. 3, 2026, adding the BRENTOIL-PERP and WTIOIL-PERP markets. The two products track Brent crude and West Texas Intermediate, which serve as global benchmark oil prices. According to the announcement cited by Techub, the perpetual contracts are designed to give traders commodity price exposure and a tool for risk management. The listing expands Coinbase’s derivatives lineup with contracts tied to oil benchmarks rather than crypto-native assets alone. No additional contract details were provided in the source note.
Coinbase said it will list BRENT and WTI oil perpetual contracts starting at 17:00 UTC+8 on Aug. 3, 2026, according to Techub. The exchange will open trading for BRENTOIL-PERP and WTIOIL-PERP perpetual contracts.
BRENT and WTI refer to Brent crude and West Texas Intermediate, two global benchmark oil prices. Coinbase said the perpetual contracts are intended to give traders exposure to commodity prices and tools for risk management.
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