Coinbase Launches Solana Futures Contracts in US

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Coinbase has strengthened its position in the US crypto derivatives market by launching CFTC-regulated futures contracts for Solana and Hedera through Coinbase Derivatives on Tuesday.

The new offering allows traders to engage in Solana and Hedera futures contracts, which are designed to facilitate a range of trading strategies.

The Standard Solana Futures contract represents 100 SOL per contract, the nano Solana Futures contract encompasses 5 SOL per contract, and the Hedera Futures contract includes 5,000 HBAR per contract.

This expansion complements Coinbase Derivatives’ existing portfolio, which now features 19 CFTC-approved futures contracts covering assets like Bitcoin, Ether, and Dogecoin.

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