Coinbase is set to launch nano XRP and SOL perpetual futures on August 18, aimed at boosting market access for US traders. The nano XRP contract will represent 500 XRP, while nano SOL will denote 5 Solana tokens.
These contracts will have cash settlement based on current market prices, position limits, and unique trading hours. The introduction aligns with Coinbase’s expansion of derivatives products following previous CFTC-regulated futures offerings.
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