TL;DR:
- Coinbase launched 1k SHIB Index perpetual style futures on Coinbase Derivatives, offering 24/7 access through approved Futures Commission Merchants.
- The rollout also places SHIB in a U.S. regulated structure alongside other listed tokens, including ADA, AVAX, DOGE, SUI, DOT, HBAR, BCH, LTC, and LINK.
- Community member RuggRat cited Japan green list status and a proposed 20% tax, plus ETF and ETP mentions and Gemini perps, as evidence of broader access.
Shiba Inu is stepping deeper into regulated crypto markets, as Coinbase expanded access to U.S. compliant derivatives linked to SHIB. The rollout underscores a broader push to bring altcoin trading into established regulatory frameworks and reflects rising interest in perpetual style futures from both retail and institutional participants. It also reopens debate over SHIBās market positioning, as traders weigh whether liquidity, scale, and new distribution channels can shift the tokenās narrative beyond meme driven cycles materially.
Now live: Trade US Perpetual-Style Futures for all altcoins on Coinbase Derivatives, available 24/7.
ā Shiba Inu $SHIB
ā Avalanche $AVAX
ā Bitcoin Cash $BCH
ā Cardano $ADA
ā Chainlink $LINK
ā Dogecoin $DOGE
ā Hedera $HBAR
ā Litecoin $LTC
ā Polkadot $DOT
ā SUI $SUI
ā⦠pic.twitter.com/yjS2XsQ2jN— Coinbase Markets š”ļø (@CoinbaseMarkets) December 15, 2025
Coinbase lists 1k SHIB Index perpetual style futures
Coinbase said on X that its 1k SHIB Index is now live on Coinbase Derivatives, opening 24/7 access to U.S. regulated perpetual style futures for retail and institutional traders. The contracts remain available through approved Futures Commission Merchants, and Coinbase framed the launch as part of an effort to broaden regulated crypto derivatives offerings in the United States for a set of assets, not only bitcoin benchmarks.

The SHIB product arrived alongside a slate of other tokens, with Cardano, Avalanche, Dogecoin, Sui, Polkadot, Hedera, Bitcoin Cash, Litecoin, and Chainlink included in the same expansion. By entering U.S. regulated perpetual style futures markets, SHIB now sits within the same compliance structure that governs derivatives linked to Bitcoin and Ethereum. Coinbase gave no volume projections, but said the contracts operate under U.S. regulatory standards and mark a prominent derivatives debut for a meme originated token.
Within the SHIB community, the listing was framed as a signal, with member RuggRat arguing regulated futures access is a milestone that few meme tokens reach. He said it signals SHIB is not only a meme coin. RuggRat pointed to SHIBās inclusion on Japanās green list alongside Bitcoin and Ethereum after passing transparency, compliance, and technical reviews, and said that status aligns with Japanās proposed 20% crypto tax versus a system that reached up to 55%.
RuggRat also pushed back on claims of limited institutional traction, citing multiple market access pathways that extend beyond spot trading. He referenced SHIB appearing in a T. Rowe Price ETF filing in the United States and Valourās launch of a SEK denominated SHIB exchange traded product across European markets. He also flagged Geminiās SHIB perpetual contracts and the new Coinbase 1k SHIB Index, arguing these touchpoints signal growing institutional grade access as investors reassess risk appetite.