Coinbase Advanced, a cryptocurrency exchange platform for professional traders, saw a surge in users and trading volume in 2024. The platform saw a 191% increase in trading volume, driven by strong growth in derivatives trading and a 77% increase in users. Specifically, Coinbase Advanced offers experienced traders a flat monthly fee in exchange for lower trading costs, more ordering options, and analysis tools. Coinbase shared that derivatives have experienced particularly rapid growth, with trading volume increasing by approximately 10,950% in 2024. The exchange launched its derivatives platform in the US in 2022, offering cryptocurrency futures, including Nano Bitcoin and Nano Ether contracts, to millions of users.