Coinbase Derivatives pauses futures trading for up to nine hours of maintenance

Coinbase Derivatives switched off futures and perpetual futures trading for a scheduled maintenance window expected to last up to nine hours. The pause began at 5:00 AM CT on October 24, 2026. It was slated to wrap up around 2:00 PM CT. What was switched off, and what wasn’t The outage covered futures and perpetual futures products on Coinbase Financial Markets, the regulated entity behind Coinbase’s derivatives offering. Traders were not locked out entirely. Account logins and balances stayed accessible throughout the window. What they could not do was act. New trades were off the table, and so were changes to existing orders. Coinbase pointed users to its status page for updates during the pause. Why the window ran so long This was not routine overnight housekeeping. The maintenance served two purposes at once. First, it formed part of Coinbase Derivatives’ quarterly upkeep cycle. Second, it coincided with the company’s participation in the Futures Industry Association’s Annual Disaster Recovery Test. A disaster recovery test is essentially a fire drill for financial infrastructure. Firms check whether their backup systems can take over if primary systems fail, so nobody discover...