logo

Coinbase to Provide Tiered USDC Subsidy for Unfilled Futures Positions

By: theblockbeats.news|2025/08/20 06:12:05

BlockBeats News, August 20th, according to BlockBeats community host Super Jun, Coinbase's derivatives product updated a new feature today, providing a staggered USDC subsidy based on users' open contract positions.


Super Jun stated, "This subsidy is directly comparable to BFUSD and USDE-like funding rate products. For example, if a user has a $1 million USDC collateral and opens a contract worth $2 million, then the user's $1 million USDC collateral will naturally earn an 8% annualized return. If a user has $10 million USDC collateral and opens a $20 million contract, then the user's $10 million USDC will receive a 12% annualized return."

SOL Short-Term Breaks Below $180
USDC Stablecoin Expands to XRP Ledger, Boosting Cross-Chain Transfers

You may also like

Share
copy

Gainers

Latest Crypto News

15:45

An entity has claimed 20% of the IRYS airdrop through a cluster of 900 wallets, and has already sold $4 million worth.

15:45

Solana Ecosystem Meme Coin WOJAK Market Cap Surpasses $60 Million Briefly, Surging Over 38% in 24 Hours

15:15

Coinbase Allegedly Posts 'OpenSea Public Sale Next Week' Tweet, Then Deletes It

15:15

Affected by the "Alleged Coinbase to Announce OpenSea IPO Next Week" news, the probability of related predictions on Polymarket experienced a sudden change.

14:45

Circle Mints 5 Billion USDC, Tether and Circle Minted a Total of 17.75 Billion USDT Stablecoins Following the '10/11' Market Crash

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com