Coinbase Institutional Sees Equity Perpetual Futures Emerging as Major Retail Trading Instrument

On January 2, 2026, Coinbase Institutional’s head of investment research David Duong argued that stock perpetual futures, or equity perps, are evolving into a primary access point for retail traders. He said these derivatives are moving from niche leveraged tools to core DeFi building blocks and could become a preferred way for global investors to gain 24/7, leveraged exposure to major equity markets.