MarketVector Indexes launched four thematic equity indexes engineered for 24/5 continuous pricing, with the products set to power perpetual-style equity futures on Coinbase's regulated US futures exchange. The indexes focus on artificial intelligence, China-related equities, defense companies, and innovation-focused stocks through continuously calculated benchmark infrastructure. The launch brings perpetual futures mechanics—a structure dominant in crypto trading—into equity-linked markets as traditional financial systems face pressure to adapt to 24/7 crypto trading behavior and retail demand for continuous market access.
MarketVector Launches Four Equity Indexes for Coinbase Futures Platform
The new indexes will underlie perpetual-style equity index futures offered through Coinbase's regulated US futures exchange. The new MarketVector indexes include MarketVector US Listed AI 10 Index, MarketVector US Listed China 10 Index, MarketVector US Listed Defense 10 Index, and MarketVector US Listed Innovators 100 Index.
Josh Kaplan, Head of Research and Investment Strategy at MarketVector, said, "Extending our thematic equity expertise into 24/5 infrastructure is not simply a technical upgrade – it is a rethinking of what 'round-the-clock' price discovery looks like." He added, "Coinbase's perpetual futures platform is the ideal first proof of concept for what we believe will be a much broader market."
Boris Ilyevsky, Head of US Futures Exchange at Coinbase, said, "Traders can now access conviction themes with the capital efficiency and mechanics they've long demanded – all on a regulated US exchange."
Perpetual futures became dominant across crypto trading partly because they allow continuous trading, capital efficiency, leveraged exposure, and 24/7 liquidity access without traditional futures expiry structures.
Pyth Network Provides Real-Time Pricing Infrastructure
The infrastructure relies on real-time pricing data from Pyth Network, which aggregates pricing feeds from trading firms, exchanges and market makers. Pyth Network's infrastructure was designed around continuously updating market data suitable for decentralized and always-on markets rather than traditional exchange schedules.
Mike Cahill, Core Contributor to Pyth Network, said, "Traditional market data solutions were built for a world where trading stopped at the closing bell." He added, "MarketVector and Pyth are leading the finance industry towards an inflection point where continuous trading becomes the norm."
Steven Schoenfeld, CEO of MarketVector, said, "Deploying that expertise to 24/5 continuous markets is a natural next step, and Pyth and Coinbase are the optimal partners to make it possible."
Traditional Exchanges Explore Extended-Hours Trading Models
Traditional equity markets historically operated within limited regional trading hours. Crypto markets changed investor expectations by normalizing 24/7 trading, instant liquidity access, continuous price discovery, and global market participation.
Several major exchanges and trading firms already explored overnight equities trading, extended-hours futures markets, continuous derivatives trading, and tokenized securities. The launch targets retail and institutional demand for high-conviction thematic trades, leveraged equity exposure, around-the-clock trading access, and futures-style market participation.
FAQ
What did MarketVector Indexes launch with Coinbase?
MarketVector Indexes launched four thematic equity indexes engineered for 24/5 continuous pricing to power perpetual-style equity futures on Coinbase's regulated US futures exchange. The indexes cover artificial intelligence, China-related equities, defense companies, and innovation-focused stocks.
How does the pricing infrastructure work for these indexes?
The infrastructure relies on real-time pricing data from Pyth Network, which aggregates pricing feeds from trading firms, exchanges and market makers. Pyth Network's infrastructure was designed around continuously updating market data suitable for always-on markets rather than traditional exchange schedules.
Why did Coinbase adopt perpetual futures mechanics for equity products?
Perpetual futures became dominant across crypto trading because they allow continuous trading, capital efficiency, leveraged exposure, and 24/7 liquidity access without traditional futures expiry structures. Coinbase's launch attempts to bring this product structure into traditional equity-linked markets.
