Coinbase Derivatives and Kraken parent Payward are moving to bring single-stock perpetual futures to U.S. traders, while Binance is extending the same no-expiry derivatives structure into 24/7 foreign exchange trading. Coinbase Derivatives submitted its equity perpetual contracts to the Commodity Futures Trading Commission (CFTC) on September 18, with approval still pending. The cash-settled contracts would reference highly liquid U.S.-listed stocks and ETFs and trade from Sunday at 8 p.m. ET through Friday at 5 p.m. ET.