According to @CoinbaseIntExch, the platform will introduce support for Caldera (ERA) and SushiSwap (SUSHI) perpetual futures on Coinbase International Exchange and Coinbase Advanced. The new markets, designated as ERA-PERP and SUSHI-PERP, are scheduled to open for trading on or after 9:30 am UTC on July 24, 2025. This listing is a significant event for traders, as the introduction of perpetual futures on a major exchange like Coinbase can lead to increased liquidity, price discovery, and trading opportunities for both ERA and SUSHI tokens.

According to @ai_9684xtpa, the market makers for the recently Binance-listed token Caldera ($ERA) have been identified as GSR Markets and Amber Group. On-chain analysis suggests that Amber Group received 2.5 million ERA tokens and GSR Markets received 2 million ERA tokens for market-making activities. For traders, this distribution of 4.5 million tokens to prominent market makers is a key indicator for monitoring the token's liquidity and potential price stability following its listing. The source notes that this particular airdrop, referred to as 'alpha', was valued at $250-$300 at its peak price.