11 Photos and videos
Low Key retweeted
Jun 10
Something that got missed in the noise last week: Coinbase got approved to offer true global crypto perps in the US. This took many years of work, and we're the first to offer this global liquidity to US users.
Backstory: For many years crypto trading has been moving offshore because the US didn't have clear rules, and perpetual futures were a superior product that traders wanted but it wasn't allowed in the US.
If we're being honest, probably ~half of all perpetual futures volume was Americans using offshore products via VPN with loose KYC controls (an open secret in the industry). Penalties for this were rarely, if ever, enforced, which as you can imagine, was frustrating for us as an American company following the rules. Others set up offshore entities and found ways around it.
After dozens of personal visits to DC, and many more from our policy team, I'm really proud we finally got approval to give US users access to true, global perpetual futures. This is important because we'll now see pooled global liquidity in perpetual futures, with the US and international markets being connected instead of fragmented.
Coinbase is strongest in the US, and the US is the largest market for trading, so there is now a chance to build a global network effect around liquidity. And US traders can now use these products in a compliant way with a US company, which hopefully provides greater customer protection.
Major credit to Chair Selig and Atkins on recognizing the importance of this for US capital markets. And we will keep working to update the system in a compliant way, and to be the best place you can trade.
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Low Key retweeted
We are closer to a functioning digital asset market structure than we have ever been. Now is not the time to flinch.
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Low Key retweeted
May 29
imagine crypto but the coins go up.
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Low Key retweeted
May 26
the same people that were calling solana the “ftx chain” in 2022 are now calling solana the “meme chain” in 2026.
meanwhile, similar to 2022, SOL is down over 75% from prior ATH’s.
this wont end well for these smooth-brain, echo-chamber tourists.
$SOL is going to $1,000 .
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Low Key retweeted
May 26
80% of markets on perpad are now fully available how they we're intended.
the remaining 20% are waiting on Imperial's dev to wire up a few things on their end.
every trade on these tokens routes fees into real leveraged positions via Imperial, fees stack, positions grow, and profit gets shaved into buyback burn, things may change as time goes & we grow altogether, for now have fun degens.
this is how the product works now. we're building something that actually makes sense and we're not stopping.
today was beautiful, every day we're stepping more and more toward greatness, I appreciate the support and hope we can continue shaping new market sentiment.
🤍◎🖤◎🤍
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