Home » Coinbase to launch nano XRP and SOL perpetual futures for US traders on August 18

Coinbase to launch nano XRP and SOL perpetual futures for US traders on August 18

by Amy Lyman


Key Takeaways

  • Coinbase is launching nano XRP and SOL perpetual futures for US traders on August 18.
  • Both futures contracts will be cash-settled, track spot prices, and have position limits and set trading hours.

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Coinbase is set to add nano XRP and SOL perpetual futures to its derivatives platform for US traders starting August 18, the firm announced on Tuesday. The upcoming rollout is in line with Coinbase’s mission to expand market access through new crypto products.

The nano XRP futures contract will represent 500 XRP and track the spot price using a funding rate mechanism that debits or credits open positions.

It settles in US dollars and expires in December 2030, with new contracts listed monthly. The position limit is 700,000 contracts, with a minimum price increment of $0.0001 per XRP.

For nano SOL futures, each contract represents 5 Solana tokens with a tick size of $0.01. It shares the same trading hours as the XRP product, settles in US dollars, and also expires in December 2030. Traders can hold up to 340,000 contracts.

The launch follows Coinbase’s earlier rollout of CFTC-regulated perpetual futures for US traders, which began with nano Bitcoin and nano Ether contracts offering up to 10x leverage.

In May, Coinbase expanded its 24/7 regulated futures platform to include SOL, XRP, and Cardano (ADA), diversifying its crypto derivatives suite under CFTC oversight.

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