# Binance’s COINUSDT Perpetual Tracks Coinbase Shares Around the Clock

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/37254
Published: 2026-10-22T01:01:09.000Z
Updated: 2026-10-22T01:01:09.000Z
Section: Investing

> The USDT-settled contract launched Feb. 9 with leverage of up to 10x and trades 24 hours a day.

Binance’s COINUSDT is a perpetual contract tied to the price of Coinbase common stock. It gives traders exposure to the share price through a derivative, rather than a tokenized Coinbase share.

The contract trades 24 hours a day, seven days a week, and settles in USDT. Binance launched it Feb. 9 at 10 a.m. ET (15:00 UTC), with leverage of up to 10x.