Coinbase to List ERA and SUSHI Perpetual Futures
- Coinbase lists ERA and SUSHI perpetual futures on July 24, 2025.
- Potential increase in trading activity and liquidity expected.
- ERA and SUSHI tokens gain institutional market exposure.

Coinbase’s listing of ERA and SUSHI perpetual contracts may boost trading volumes and liquidity for these tokens. As Coinbase expands derivatives, traders gain new leverage opportunities in the cryptocurrency sector.
Expanding Market Opportunities
Coinbase International Exchange will list Caldera (ERA) and SushiSwap (SUSHI) perpetual futures. This move will occur on July 24, aligning with its strategy to broaden DeFi asset access. The decision involves no personal statements from the leadership.
Impact on Institutional Engagement
Coinbase’s decision to offer ERA and SUSHI perpetual contracts might enhance market activity around these tokens. Coinbase’s expansion into derivatives aims to elevate global trading capacity while adhering to regulatory compliance standards.
Institutional engagement around ERA and SUSHI perpetual futures could alter trading dynamics. Historical precedents suggest increased liquidity and volatility for featured tokens post-listing, with indirect effects on broader cryptocurrency markets.
Attracting Institutional Attention
Such listings often attract institutional attention. While Coinbase’s regulatory strategy continues to support its derivatives offerings, insights derived from historic activities suggest potential key shifts in liquidity trends or market valuations for listed assets.
Coinbase International Exchange will introduce support for Caldera (ERA) and SushiSwap (SUSHI) perpetual futures. The new markets, designated as ERA-PERP and SUSHI-PERP, are scheduled to open for trading on or after 9:30 am UTC on July 24, 2025. — Coinbase International Exchange Official Account Source