The CME-listed futures linked to and Solana Monday saw record interest in a sign of steady demand for regulated products.
The global derivatives giant saw a record 9,900 active XRP and micro-XRP contracts on Monday, along with 15,600 open positions in standard and micro-SOL futures. Together, these contracts corresponded to a theoretical open interest of $3 billion.
This milestone reflects the growing use of regulated futures as a preferred venue for investors seeking exposure to digital assets, managing risk and capitalizing on the growing crypto market, as Tim McCourt, the exchange’s Global Head of Equity & FX Products, said during the Token2049 conference in Dubai.
The Solana standard futures contract, with a size of 500 SOL, went live in March and crossed the nominal open interest mark of 1 billion. USD in August. Futures tied to the payments-focused XRP crossed that threshold in August, just three months after their debut.
