Coinbase CEO Brian Armstrong said on X that the exchange's new US 500 index perpetual contract exceeded $100 million in 24-hour trading volume within one week of its launch. The product tracks the 500 largest U.S. companies and is already open for trading in the U.S. market. Techub News reported the development.
Coinbase's newly launched US 500 index perpetual contract has broken through $100 million in 24-hour trading volume just one week after its debut, CEO Brian Armstrong said in a post on X.
The contract, which tracks an index of the 500 largest U.S. companies, is now open for trading in the U.S. market. Armstrong shared the update from his personal X account, @brian_armstrong.
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