COINOTAG News reports that Coinbase will list the MERL (Merlin Chain) perpetual contract, with the listing date confirmed as December 18th. The development marks Coinbase’s expansion into crypto derivatives and sets MERL as a liquid instrument for traders and hedgers alike.

Subject to prevailing liquidity conditions, the MERL-PERP trading market is poised to open in regions where liquidity checks are satisfied, with trading anticipated at 9:30 AM UTC or later. Market participants should align risk controls, margin requirements, and regional availability prior to launch.

This listing elevates MERL’s exposure within the DeFi and blockchain ecosystems, offering a regulated venue for price discovery, risk management, and tactical exposure to Merlin Chain. Traders and institutions can integrate derivatives strategies to manage convexity, while exchanges enhance liquidity pools and onboarding for new assets.