My team launched Pre-Launch Markets at Coinbase, available in select non-US jurisdictions to eligible Institutional & Retail users via Coinbase International Exchange & Coinbase Advanced
TLDR: Pre-Launch Markets allow users to trade tokens before they launch
Let’s dive in 🧵👇
We’re excited to announce support for pre-launch markets on Coinbase International Exchange and Coinbase Advanced. Trade new tokens before they launch and participate in price discovery, all within a trusted and secure platform.
BONK clocked in at ~$238M in Day1 volume with us
this puts it at
#12
listing by Day1 volume
@CoinbaseExch
*ever*, across 270+ listings since we launched the exchange ~2015
for ref:
SHIB did $126M in Sep ’21 (
#20
)
DOGE did $263M in Jun ’21 (
#9
)
XRP re-listing did ~$161M (
#16
)
its been ~9 hours and BONK has already beaten this lol
~$80M in matched volume thus far and counting... what do we think full Day1 volumes will clock in at for
@bonk_inu
x
@CoinbaseExch
?
Coinbase will add support for Bonk (BONK) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
its been ~9 hours and BONK has already beaten this lol
~$80M in matched volume thus far and counting... what do we think full Day1 volumes will clock in at for
@bonk_inu
x
@CoinbaseExch
?
Fun fact: $JTO
@jito_sol
was the most highly traded new listing
@CoinbaseExch
since $APE
@apecoin
in March 2022 🤯 ~$75M in Day1 volume with us
Ranked
#3
looking back over last 2 full years, which saw ~138 new listings on Coinbase
Access Protocol (ACS) is now live on & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
WOOF
one billion doggos coming at ya (1000^3)
best way to hit the 50 perps milestone next week 🎉
also nice to welcome
@RealFlokiInu
$FLOKI to a coinbase CEX venue in *some form* (in this case, a perp) for the first time (BONK/SHIB are also on our US spot venue)
@CoinbaseIntExch
will add support for Bonk, FLOKI, and Shiba Inu perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of 1000BONK-PERP, 1000FLOKI-PERP, and 1000SHIB-PERP markets will begin on or after 9:30am UTC 30 MAY 2024. $BONK $FLOKI $SHIB
Coinbase will add support for Magic (MAGIC) on the Arbitrum network (Arbitrum ERC-20). Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Coinbase will add support for BENQI (QI) on the Avalanche network (ARC-20 token). Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Fun fact: $JTO
@jito_sol
was the most highly traded new listing
@CoinbaseExch
since $APE
@apecoin
in March 2022 🤯 ~$75M in Day1 volume with us
Ranked
#3
looking back over last 2 full years, which saw ~138 new listings on Coinbase
Coinbase will add support for Jito (JTO) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Coinbase will add support for Sperax (SPA) on the Arbitrum network (ERC-20 tokens). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Osmosis (OSMO) is now live on & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
After being focused on our flagship US Spot Exchange
@CoinbaseExch
since I joined Coinbase in April ‘21, starting today I’ll be transitioning to our new ex-US Perps + Spot International Exchange
@CoinbaseIntExch
🎉
A big moment for Coinbase International
@CoinbaseIntExch
@dydx
$DYDX will be our first spot listing since we launched our initial BTC/ETH spot markets in Dec ’23
This is also our first listing that is unique to Coinbase International (i.e. not listed on
@CoinbaseExch
)
@CoinbaseIntExch
will add support for dYdX on the Cosmos Network on Coinbase International Exchange. We will provide updates in the coming weeks regarding enabling transfers and trading for COSMOSDYDX-USDC.
@dYdX
Coinbase will add support for Voxies (VOXEL) on the Polygon network. Do not send this asset over other networks or your funds may be lost. Inbound transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
#4
most traded asset on Coinbase right now (not too far behind USDT and even ETH!)
anyways - that’s a wrap for 2023 listings
@CoinbaseExch
- what a fun way to end the year :)
See you in 2024 🫡
Updated my $cbETH rates dashboard to include market cap based on an official circulating supply calculation from Coinbase.
Currently we stand in the top 100 assets by market cap 🤩
New $cbETH Page 👀
Focused on documenting *circulating* supply *over time* (separate & distinct from *total* supply) along with other metrics over time such as "fair value" conversion rate, apy, delta to fair value, etc...
inb4 “darkmode pls” 🙃
@CoinbaseIntExch
will add support for Fantom and THORChain perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our FTM-PERP and RUNE-PERP markets will begin on or after 9:30am UTC on 28 MAR 2024.
Coinbase will add support for Seamless (SEAM) on the Base network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Coinbase will add support for Aerodrome Finance (AERO) on the Base network (ERC-20 token) and Velodrome Finance (VELO) on the Optimism network (ERC-20 token). Do not send these assets over other networks or your funds may be lost.
@CoinbaseIntExch
will add support for dogwifhat perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our WIF-PERP will begin on or after 9:30am UTC on 25 APR 2024.
Introducing the new Loans surface
@CoinbaseExch
, available to select, eligible institutional users ✨
Dusted off my Adobe app & made a hype video ~just for fun~; h/t
@Apashe_Music
for the music :)
Was a blast to build/ship this & am proud of the whole
@CoinbaseInsto
team!
Coinbase Exchange is offering open-term, overcollateralized loans to select, eligible institutional users who complete our due diligence/underwriting process.
Our first 3rd-party liquid staking token and our first liquid staking SOL token to be offered
@CoinbaseAssets
🥳
The
@MarinadeFinance
ecosystem bundle:
👉 MNDE = Governance token
👉 MSOL = Liquid staking SOL token
Congrats to the Marinade team! cc
@BrandonTucker
Marinade (MNDE) and Marinade Staked SOL (MSOL) are now live on & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
A 🧵 on
@CoinbaseExch
’s listings in Q3 and how our strategy has evolved over the last year
Most of my time these days is spent scaling our institutional financing offering on the exchange, but it’s always nice to reflect on our core listings program 👇
A 🧵 on
@CoinbaseExch
's most popular listings from 2022 (measured by average daily volume on Coinbase since our listing).
🥁 Overall most popular listings of the year:
1) $APE
@apecoin
2) $cbETH
@coinbase
3) $OP
@optimismFND
Breakdown by asset type & more fun data 👇
📢 Reminder that
@CoinbaseIntExch
offers perps trading to eligible non-US retail/individual traders via Coinbase Advanced
Made an *unofficial* video for fun to showcase the UX 👀
🤝 0 bps maker / 3 bps taker intro fees
🔟 Up to 10x leverage
🎉 15 contracts, and counting
Wanted to setup recurring buys of CBETH on
@Coinbase
Advanced Trade (optimizing for fees & precision around execution), which isn't offered out of the box
Had the idea of using
@awscloud
EventBridge to schedule a recurring Lambda function that funds account + places an order...
continued exploring onchain development this weekend
this time hacking on
@base
with
@Onchainkit
☀️
the
@Onchainkit
swap component really is that easy to drop in
→ made 🔵 as a place to view/trade the base ecosystem list from
@CoinMarketCap
finally played around with onchain development for the first time
learning the basics
- connect wallets → Rainbow Kit
@rainbowdotme
- get onchain data (i.e. swap history for a wallet) →
@moralisweb3
- embed swaps in app →
@Uniswap
onchain devX has gotten so much better 🤩
Our first 1000 perp now off to the races with 1000PEPE
@CoinbaseIntExch
@CoinbaseTraders
🥳
For context, 1000 perps are a standard practice for assets with high decimal precision: index price = underlying spot price * 1000
Next we go $wif the furry lad this Thursday
@dogwifcoin
Our 1000PEPE-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
Our CBETH/USD pair
@CoinbaseExch
just traded at a "premium" to fair value for what I believe is the first time 🤯
🧵 on how to interpret this, how the discount/premium may be different based on your POV, and a new/related update I shipped to this page
A different "flippening" some folks are starting to notice: $cbETH's exchange rate/price trading above that of $ETH.
On Jan 17 2023, CBETH traded above ETH for the first time on
@CoinbaseExch
(1.00119).
Today, CBETH/ETH hit a high of 1.01212.
A 🧵 recapping
@CoinbaseExch
’s Q1 2023 asset additions
We listed 11 new assets (compared to 18 last Q) across 6 networks that generated ~$1B in matched volume QTD
We supported a record 5 Day1 listings, including
@arbitrum
,
@blur_io
& more
More data & highlights below 👇
@CoinbaseIntExch
will add support for Aevo, Ethena, and Etherfi perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our AEVO-PERP, ENA-PERP, and ETHFI-PERP markets will begin on or after 9:30am UTC on 2 MAY 2024.
Added in an "Implied APY field to
Also, nice to see CBETH trading at such a tight discount to fair value as we approach Shapella 🤩
CBETH/ETH ratio is at an ATH today
@CoinbaseExch
, peaking at 1.02311
The expansion continues…
Thrilled to announce that Coinbase International Exchange has secured regulatory approval from the Bermuda Monetary Authority (BMA) to enable perpetual futures for non-US retail customers.
@CoinbaseIntExch
will add support for
@JupiterExchange
$JUP,
@tensor_hq
$TNSR, and
@jito_sol
$JTO perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of JTO-PERP, JUP-PERP, and TNSR-PERP markets will begin on or after 9:30am UTC on 16 MAY 2024.
We added trading for 10 native blockchain assets.
These usually take more work/time to integrate than token standards (i.e. ERC-20), but we’re always excited to add more.
👇 Most popular new native assets:
1) $OP
@optimismFND
2) $APT
@Aptos_Network
3) $ROSE
@OasisLabs
Ever wondered what a CEX listing looks like?
It's not just a flip of a switch: market health & liquidity are paramount for healthy trading
@CoinbaseExch
uses "Auction Mode" for price discovery in asset listings
📽️ Check out today's
@arbitrum
$ARB price auction (32x speed)
Now that our $EIGEN pre-launch market is up and running…
Check out which covers $EIGEN
@eigenlayer
pre-launch perps market data & implied FDVs across
@CoinbaseIntExch
,
@HyperliquidX
and
@aevoxyz
Price discovery on price discovery on price discovery 🤯
New pre-launch listing is now available to trade on Coinbase Advanced.
You can now trade EIGEN-PERP with up to 2X leverage.
EIGEN opens with a price of $7.307 and an Implied FDV of $12.2B
cbETH is now at more than a 5% discount and withdrawals are 3-4 months away. Effectively you get 25% annualized yield on your ETH for next 3-4 months. All the PA ETH that I buy is going into cbETH. I have 0 doubt CB will be in business for next 4 months and then you can redeem.
Excited to announce this integration
@ccxt_official
x
@CoinbaseIntExch
🎉
CCXT provides a unified API for traders to write algos that are portable across multiple venues
+
@CoinbaseIntExch
is 1 of ~15 exchanges to get CCXT-certified status (out of 95+ total integrations) 😎
Coinbase International Exchange is now a certified exchange on
@ccxt_official
!
Institutional users with a Coinbase International Exchange account can now trade through CCXT, which offers software to access market data and algorithmic trading.
Love to see this kind of content/details out in the public. Always shocks me what some exchanges get away with in their listings business in terms of what they do to/ask of issuers.
@coinbase
does not engage in this predatory behavior.
Amazing thread
@SamSteffanina
🙏
"Tier 1 eastern exchanges are like the mafia"
That's the DM I got which kicked it all off...
Binance and other Tier-1 exchanges have a stranglehold on our industry
Here's some thoughts from Web3 Founders, anonymously.
“What you’ve heard about
great first year of listings
@CoinbaseIntExch
, and the team is *just scratching the surface*
responsibly accelerating in 2024 (2x'd # of listed perps in Q1 '24), w/ lots of great highlights & "firsts" from the past ~4 weeks alone:
- Mar 28: First perp listing for assets not
We’re celebrating the 1-year anniversary of
@CoinbaseIntExch
all week long.
Today, we are highlighting the 35 perpetual futures we’ve launched over this past year. Which are you most excited about? Which do you hope to see us list this year?
Here's to more listings to come!
@CoinbaseIntExch
will add support for Wormhole perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our W-PERP market will begin on or after 9:30am UTC on 4 APR 2024, in regions where trading is supported.
Our perps listings engine at Coinbase International Exchange has scaled up dramatically this year 🔥 Still so much work to do!
A key focus area for 2024 has been expanding the assets users can trade beyond what's listed on our US Spot exchange
Now, ~1/3 of our 55 perps (incl.
Coinbase Users,
@CoinbaseIntExch
@CoinbaseTraders
has been very savvy with their perp listings & have quietly scaled up by 4x since start of this year.
Listing many hot assets that aren't listed on their US spot exchange.
~33% of their supported perps are international
@CoinbaseIntExch
will add support for
@eigenlayer
$EIGEN pre-launch market on Coinbase International Exchange and Coinbase Advanced. The opening of our EIGEN-PERP pre-launch market will begin on or after 12pm UTC on 18 June 2024.
Our JTO-PERP, JUP-PERP, and TNSR-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
Ever want an easy/fast way to see real-time liquidity data for all markets for a given asset on
@CoinbaseExch
?
Whipped this together yesterday for fun! 👇
🧵on making sense of this data, and who/what it can be helpful for
Finishing Q1 ‘24
@CoinbaseIntExch
listings with our $FTM
@FantomFDN
& $RUNE
@THORChain
perps, bringing us to 30 total perps (up 2x from where we started this year) 🥳
First perps for assets that don’t have spot markets
@CoinbaseExch
✅
Our FTM-PERP and RUNE-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
@CoinbaseIntExch
will add support for Altlayer, Lido DAO, and Pendle perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our ALT-PERP, LDO-PERP, and PENDLE-PERP markets will begin on or after 9:30am UTC 27 June 2024. $ALT $LDO $PENDLE
finally played around with onchain development for the first time
learning the basics
- connect wallets → Rainbow Kit
@rainbowdotme
- get onchain data (i.e. swap history for a wallet) →
@moralisweb3
- embed swaps in app →
@Uniswap
onchain devX has gotten so much better 🤩
the big 50 for
@CoinbaseIntExch
🥳
start of 2024: 15 perps, only for assets that were listed on our US-enabled venue
@CoinbaseExch
now: up to 50 perps, including perps for some of the most widely traded assets not listed on
@CoinbaseExch
such as PEPE, WIF, FLOKI, WLD & ORDI 🔥
Our 1000BONK-PERP, 1000FLOKI-PERP, and 1000SHIB-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. $BONK $FLOKI $SHIB
Good reminder for folks that Volume != Liquidity (price impact based on order size) 😇
While overall market volumes are muted, we've actually seen liquidity hold up/increase (depending on depth level) in these "core" markets (ETH-USD & BTC-USD) over the last year
@CoinbaseExch
Always fun to watch the books build pre-market open, esp for Day1 listings where the market is trying to naturally find its price
Congrats to the
@jito_sol
team and the broader
@solana
community on a successful launch day! 💙
Jito (JTO) is now live on & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
Our EIGEN-PERP pre-launch market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. $EIGEN
“But knowing these guys, I can say with confidence that there is no free listings there”
lol no, Martin from
@c0insbit
, coinbase does not and has not charged listing fees 🤡
@gregosuri
ty for calling this out, this is but one of many exchanges that
Our first Avalanche ARC-20 token on
@CoinbaseExch
🥳🔺
Congrats
@pangolindex
@firat931139
!
We offer support for token standards across Ethereum, Polygon, Solana, & now Avalanche :)
Coinbase will add support for Pangolin (PNG) on the Avalanche network. Pangolin (PNG) is the first Avalanche ARC-20 token to be offered on our exchange. Do not send this asset over other networks or your funds may be lost.
Cool to see $EIGEN
@eigenlayer
pre-launch perps trading relatively in line across
@CoinbaseIntExch
@HyperliquidX
@aevoxyz
Compared to Tuesday where there were some temporary dislocations
$EIGEN trading at an avg. implied FDV of ~$11bn across venues as we approach Season 2
41 perps supported
@CoinbaseIntExch
@CoinbaseTraders
, now with $HBAR, $THETA and $AR
Full list of markets:
non-US Retail traders can check eligibility at
Fees for Retail are 0% maker / 0.03% taker for a limited time
50 soon 👀
Our AR-PERP, HBAR-PERP, and THETA-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
We stand on the shoulders of those who have innovated/paved the way for these markets
Big shoutout to
@juliankoh
@aevoxyz
&
@chameleon_jeff
@hyperliquidx
who pioneered the pre-launch *perp* model in particular
We are bringing the cutting edge of Defi to Cefi 🫡
A new (
#Web3
) way of accessing premium news is here! Enabled by
@AccessProtocol
, unlock access to The Block's Crypto Ecosystems articles by connecting your wallet. Sign up at .
@CoinbaseIntExch
will add support for Aptos, Filecoin, and Sui perpetual future contracts on Coinbase International Exchange and Coinbase Advanced. The opening of our APT-PERP, FIL-PERP, and SUI-PERP markets will begin on or after 10am UTC on 8 FEB 2024.
As an aside, you may have noticed a few updates to my rates app
🤝Added in market cap, CBETH/ETH exchange rate, and 24h price changes
🌕 Dark mode
⏩ Updated to real-time stream of market data via WebSocket feed (was previously polling our REST API every 5s)
.
@CoinbaseIntExch
(perpetual futures and spot) keeps breaking our prior daily records - $627M in last 24hrs
Lots of headroom for derivatives trading growth on compliant infrastructure. If you have to use a centralized exchange, choose a counterparty you can trust.
Coinbase International Exchange users can now trade through
@coinroutes
, which offers a unified API and UI trading interface, market data dashboards, in-depth reporting and advanced trading algorithms.
Learn more about the integration here:
Coinbase will add support for VeChain (VET) and VeThor (VTHO) on the VeChain network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on
@Coinbase
&
@CoinbaseExch
in the regions where trading is supported.
Pre-Launch Markets come in various shapes/forms
CEX vs DEX, Derivatives vs Spot
Derivatives: perps (Aevo, Hyperliquid, Drift, Coinbase 🆕) vs expiry futures (Bitmex)
Spot: IOU tokens (many CEXs did this years ago) vs OTC (dominant spot version nowadays; Whales Market, Bybit)
@CoinbaseIntExch
will add support for Celestia, Injective, and Sei perpetual future contracts on Coinbase International Exchange and Coinbase Advanced. The opening of our TIA-PERP, INJ-PERP, and SEI-PERP markets will begin on or after 10am UTC on 25 JAN 2024.
Coinbase Exchange has launched a new assets & markets page. Use filters to search for assets by supported networks or search trading pairs by their trading status. You can also sort by price, volume, & other key metrics to discover your next opportunity.👇
We next had the privilege of hosting
@0xRishi
and
@zosegal
from
@coinbase
. Rishi led an engaging session on 'Market Making 101,' sharing a comprehensive overview of the MM industry. Zach shed light on the listing process and Coinbase's comprehensive diligence process for listing.
Was fun playing around with the Advanced Trade REST APIs for the first time, all worked great...
@scottshapiro
,
@MoheethR
,
@MNegules
and the whole AT team are really firing on all cylinders across Web, Mobile & API 🤩
38 perps supported
@CoinbaseIntExch
, now with $ENA, $ETHFI & $AEVO
Full list of markets:
non-US Retail traders can check eligibility at
Fees for Retail are 0% maker / 0.03% taker for a limited time
Our AEVO-PERP, ENA-PERP, and ETHFI-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. $AEVO $ENA $ETHFI
@CoinbaseIntExch
has added support for LTC-PERP and XRP-PERP perpetual future contracts.
These markets are now available for trading on Coinbase International Exchange.
Our ONDO-PERP, PYTH-PERP, and ZETA-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
$ONDO $PYTH $ZETA
This comes shortly after our $DYDX spot listing announcement — our first spot listing unique to
@CoinbaseIntExch
and first spot listing since launching the international spot exchange in December
The COSMOSDYDX-USDC spot market is targeted to go live next week, the day before
@shreyas
For Indian restaurants: Paisley, Semma, Dhamaka
Dhamaka and Semma are generally hard to get a resy. Paisley generally has lots of availability and one of my favs!
Our WIF-PERP market is now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available.
@CoinbaseIntExch
will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our 1000PEPE-PERP market will begin on or after 9:30am UTC on 18 APR 2024.
@dennis_qian
defi liquidity is a thing of beauty
lp incentives + democratizing the ability to LP for anyone through AMM design (vs. very tough to LP on a cefi venue, pretty much all insto MMs/HFT firms)
big fan!
Introducing new component: Swap by
@Onchainkit
Embed fully-functional swap functionality in your application in 15 minutes.
+ Built-in backend integration via
@CoinbaseDev
+ Flexible styling and configurations
+ Smart Wallet compatible
🧵 A primer on how asset issuer <> dedicated market making deals typically work
3 parts, starting with foundations to set the context:
Part 1: Trading & Liquidity 101
Part 2: Market Making 101
Part 3: *Dedicated* Market Making 101
Let’s dive in 👇
Alameda was a dedicated liquidity provider/market maker for likely dozens of crypto projects
Not much has been said about the hit these projects are experiencing from a monetary & market health/liquidity perspective 🧵
#1
TLDR:
-
@AlamedaResearch
is one of the liquidity suppliers for
@PhalaNetwork
- Since Alameda only holds 6m of PHA tokens (less than $1m). Our team doesn't think this will impact our ongoing business operations.
@SamSteffanina
🚢 it
some CEXs (such as
@coinbase
) operate with high integrity, but we need to shine light on the ones that don't for the industry to keep evolving and moving in the right direction
keep on fighting the good fight
Typically, the first time most people can trade a token is when its available for trading via either a spot DEX or CEX, post token generation event (“TGE”) — in other words, once the token exists (i.e. smart contract is deployed), is transferable, and thus is tradable via spot
The
@ton_blockchain
ecosystem in particular has been buzzing as of late
Excited to get a $TON perp on Coinbase International (Institutional) & Coinbase Advanced (Retail) soon
@CoinbaseIntExch
will add support for Bittensor, Toncoin, and Tellor perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our TAO-PERP, TON-PERP, and TRB-PERP markets will begin on or after 9:30am UTC 25 JUL 2024. $TAO $TON $TRB