Coinbase Launches OpenAI and Anthropic Pre-IPO Futures Contracts
- New Futures Contracts Launched: Coinbase introduced OpenAI-PERP and Anthropic-PERP futures contracts on June 22, 2026, which are USDC-settled and designed to track the private valuations of these companies, providing investors with a speculative opportunity on private company valuations without offering equity or voting rights.
- Trading Restrictions and Risks: These contracts are available only to non-US users, and due to the lack of public financial information, investors face heightened risks where price fluctuations can occur sharply based on single pieces of information, and leverage can lead to rapid liquidations.
- Automatic Conversion Mechanism: Upon the IPO of OpenAI or Anthropic, the contracts will automatically convert into standard stock futures, ensuring that investors maintain their positions post-IPO without the expiration risks associated with traditional futures contracts.
- Market Strategic Positioning: This launch aligns with Coinbase's strategy to become an “everything exchange,” aiming to expand its product offerings to include private company valuations, capitalizing on the rapidly growing market opportunities while reflecting market expectations for the upcoming IPOs of OpenAI and Anthropic.
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Technical Analysis for USUAL
Technical Sentiment Analysis for Usual (USUAL). As of , Usual (USUAL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for USUAL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, USUAL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Usual (USUAL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00698 | 0.00771 | 0.00844 | 0.00917 | 0.0099 | 0.0106 | 0.0114 |
| Fibonacci | 0.00771 | 0.00827 | 0.00861 | 0.00917 | 0.00973 | 0.0101 | 0.0106 |
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