Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Zohran Mamdani may become a NY mayor | Why X push against him?

    July 2, 2025

    BitcoinCore website hosts letter from one side of OP_RETURN debate

    July 1, 2025

    European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

    July 1, 2025
    Facebook X (Twitter) Instagram
    Wednesday, July 2
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » Coinbase to list Solana on derivatives platform
    Crypto

    Coinbase to list Solana on derivatives platform

    John SmithBy John SmithJanuary 31, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives.

    The Solana futures market is set to introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700. Additionally, there will be smaller contracts available, known as “nano” Solana futures, with each contract representing 5 SOL.

    According to a Jan. 30 filing with the U.S. Commodity Futures Trading Commission, Solana (SOL) futures contracts will be offered on a monthly cash-settled basis and will go on offer from Feb. 18. 2025.

    The newly offered structure will allow traders to engage with Solana price movements through futures trading, offering flexibility in investment size depending on whether one opts for the standard or the nano contracts.

    Coinbase to list Solana on derivatives platform - 1

    As per the filing, Coinbase Derivatives revealed that the position limits on offer for the Solana futures will be 30 percent lower than those offered on its Bitcoin (BTC) futures, as part of its efforts to manage liquidity and volatility. Referencing Solana’s heightened volatility relative to Bitcoin and Ethereum (ETH), an excerpt from the filing reads:

    Solana’s current 30-day volatility is approximately 3.9%. In similar timeframes, Bitcoin and Ethereum’s 30-day realized volatilities are around 2.3% and 3.1% respectively. When compared to other digital assets, Solana’s volatility is moderately higher, reflecting its emerging market position and the rapid growth of its ecosystem.

    Benchmark rates for settlement will be provided by the German index provider MarketVector Indexes GmbH, which will have effect of placing the proposed Solana futures under the regulatory supervision of Germany’s Federal Financial Supervisory Authority.

    The introduction of Solana futures comes at a time when the US president Donald Trump’s executive order declaring crypto as a “national priority” has triggered a rush of positive crypto market sentiment. Bitwise chief investment officer Matt Hougan recently suggested that the executive order and the general warming of regulatory ties with the crypto industry could break Bitcoin’s 4-year cycle, and keep the current bull run going into 2026.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEthereum Foundation is hiring an Executive Director
    Next Article DEVgrants: Here to Help | Ethereum Foundation Blog
    John Smith

    Related Posts

    Zohran Mamdani may become a NY mayor | Why X push against him?

    July 2, 2025

    European fintech Spiko integrates Chainlink’s CCIP for $380m money market funds

    July 1, 2025

    Not all Bitcoin holding firms will avoid death spiral

    July 1, 2025
    Leave A Reply Cancel Reply

    Top Posts

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    🐍 Lunar New Year Scratch & Win Campaign Is Live with a Grand Prize of 8,888,888 VERSE (~$1800) | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Trade VERSE/USDT on KuCoin to Earn your Share of $8400 in Rewards! | by Bitcoin.com | Jan, 2025

    January 24, 2025

    Boost Your Crypto: Up to 30% Cash Back! | by Bitcoin.com | Jan, 2025

    January 24, 2025
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.