June 12 (Reuters) - Coinbase plans to launch

perpetual futures trading in the United States, with the

offering set to comply with regulatory standards outlined by the

Commodity Futures Trading Commission, a top executive at the

crypto exchange said on Thursday.

With crypto markets buoyed by hopes of lighter regulation

and a renewed risk appetite, exchanges are racing to capitalize

on the frenzy by rolling out complex products that were once

used primarily by seasoned traders.

"We recently launched first-of-its-kind 24/7 futures

trading, and I'm excited to share that we'll soon be launching

CFTC-compliant perpetual futures trading in the U.S. as well,"

Max Branzburg, Coinbase's vice-president of product, said at the

State of Crypto Summit in New York.

Perpetual futures are crypto derivatives that allow traders

to bet on token prices without an expiry date and offer

round-the-clock access and high leverage, making them a popular

choice in fast-moving markets.

Investors and traders typically use derivatives to hedge

risk, amplify returns, or speculate on price movements without

owning the underlying asset.