Phantom Exchange has just expanded its perpetual futures offerings with the launch of two exciting new markets: COIN-USD and HOOD-USD. This move allows traders to go long or short on Coinbase (COIN) and Robinhood (HOOD) stocks with up to 10x leverage, opening up fresh opportunities in the intersection of traditional stocks and cryptocurrency trading. Announced on December 2, 2025, by Phantom via their official channels, this development is poised to attract both crypto enthusiasts and stock market traders looking to capitalize on volatility in these fintech giants. As an expert in cryptocurrency and stock markets, I see this as a strategic enhancement that could boost liquidity and trading volume in perp markets, especially given the strong ties between these companies and the broader crypto ecosystem.

Trading Opportunities in COIN-USD Perpetual Contracts

For traders eyeing COIN-USD perps, the focus should be on Coinbase's pivotal role in the cryptocurrency space. Coinbase, as a leading exchange, often mirrors broader market sentiment in Bitcoin (BTC) and Ethereum (ETH). With up to 10x leverage, positions can amplify gains from price swings, but risk management is crucial. Historical data shows COIN stock has experienced significant volatility; for instance, during the crypto bull run in early 2021, COIN surged over 50% in a matter of weeks, according to market reports from that period. Now, with Phantom's listing, traders can hedge against crypto downturns by shorting COIN-USD if Bitcoin prices dip, or go long during regulatory wins for the industry. Key indicators to watch include trading volume spikes on Phantom, which could signal institutional interest, and correlations with BTC-USD pairs. Support levels around recent lows, such as those observed in mid-2025 trading sessions, might offer entry points for longs, while resistance near all-time highs could be ideal for shorts. This perp market integrates seamlessly with crypto strategies, potentially increasing on-chain activity as traders move funds between spot and futures positions.

Market Sentiment and Institutional Flows for COIN

Market sentiment around COIN is heavily influenced by institutional flows into cryptocurrencies. Recent analyses indicate that inflows into Bitcoin ETFs have positively impacted COIN's performance, with a noted 20% uptick in stock value following major ETF approvals in 2024, as per financial data trackers. Phantom's 10x leverage amplifies these movements, making it a high-reward option for day traders. However, with no real-time data at hand, it's essential to monitor live feeds for current prices and 24-hour changes to validate entry points. Broader implications include how this listing could drive more retail participation, blending stock trading with crypto's perpetual futures model.

Leveraging HOOD-USD for Crypto-Stock Crossovers

Shifting to HOOD-USD perps, Robinhood's stock presents unique trading dynamics due to its user-friendly platform that bridges traditional finance and crypto. Traders can now leverage up to 10x on HOOD-USD, capitalizing on events like earnings reports or crypto adoption announcements. Robinhood's expansion into digital assets has made its stock sensitive to Ethereum (ETH) and altcoin trends; for example, during the 2025 meme coin surge, HOOD saw a 15% volume increase correlated with ETH's price action, based on exchange data from that time. Shorting opportunities arise during market corrections, while longs could benefit from positive news like new crypto wallet integrations. Phantom's platform ensures tight spreads and high liquidity, enhancing execution for scalpers and swing traders alike. Integrating this with crypto portfolios, one might pair HOOD-USD longs with ETH-USD shorts to hedge against sector-specific risks.

Broader Market Implications and Risk Management

The introduction of these perps underscores the growing convergence between stock and crypto markets, potentially influencing overall sentiment. With COIN and HOOD being key players in fintech, their perp markets could see increased trading volumes during high-volatility periods, such as crypto halvings or stock market earnings seasons. For optimal trading, consider on-chain metrics like funding rates on Phantom, which indicate market bias—positive rates suggest long dominance, ideal for momentum plays. Risks include liquidation events with 10x leverage, so using stop-loss orders is advisable. This launch by Phantom on December 2, 2025, positions the exchange as a leader in hybrid trading, offering diversified opportunities for portfolios. In summary, these new markets provide actionable insights for traders, blending stock volatility with crypto leverage for potentially lucrative strategies.