Coinbase Wallet launches simplified Pulse Mode for perpetual futures

Pulse Mode reorganizes the existing perpetual futures functionality within the self-custodial wallet, prioritizing market direction and position execution over complex settings. While the interface is designed for speed, Coinbase has not disclosed whether the mode alters the underlying infrastructure, margin rules, or fee structures currently powered by the decentralized exchange Hyperliquid. The update arrives shortly after the company transitioned its "Base App" branding back to the recognizable Coinbase Wallet name.

Despite the simplified experience, significant operational details remain opaque. Coinbase has not published specific leverage limits, liquidation protocols, or a comprehensive list of supported jurisdictions for Pulse Mode. The company confirms that perpetual trading remains restricted to non-U.S. users, maintaining a clear separation between its offshore derivatives offerings and regulated products available through U.S. operations. As the platform pushes toward becoming an all-market exchange, it continues to integrate crypto, tokenized stocks, commodities, and prediction markets into a single self-custodial environment. Further documentation regarding fee schedules and risk controls for the new interface has yet to be released.