According to Coinbase International Exchange, support for Towns Protocol perpetual futures (TOWNS-PERP) will be added to both Coinbase International Exchange and Coinbase Advanced, with trading set to begin on or after 19:00 UTC on August 5, 2025. This listing is expected to increase liquidity and trading opportunities for TOWNS, possibly impacting market volatility and attracting derivatives traders seeking exposure to Towns Protocol. Traders should monitor order book depth and initial volatility as the TOWNS-PERP market opens, as new perpetual futures often experience sharp price movements upon launch (Source: @CoinbaseIntExch).