Coinbase has introduced new futures contracts for Solana and Hedera, enhancing opportunities for market participants.
New Solana and Hedera Futures
On February 18, Coinbase announced the launch of new futures contracts for Solana and Hedera. Solana contracts will consist of 100 SOL each, while nano Solana contracts will hold 5 SOL. Hedera futures will be available at 5,000 HBAR per contract. These initiatives enable both large and small traders to participate in trading.
EURC-USDC Perpetual Futures
Additionally, Coinbase is introducing perpetual futures for EURC-USDC on its International Exchange. These contracts enable traders to invest in Euro prices with up to 20x leverage, making the product appealing to professional investors.
Regulatory Approval and Coinbase's Role in Derivatives Market
The new futures products from Coinbase have received approval from the U.S. Commodity Futures Trading Commission (CFTC). This regulation builds trust among both retail and institutional traders, giving the company a competitive edge. With these offerings, Coinbase solidifies its role in the crypto derivatives space, supporting market stability and liquidity.
With the addition of Solana, Hedera, and EURC-USDC futures, Coinbase strengthens its position in the crypto derivatives market, offering secure and regulated trading solutions.
