Coinbase to Add Trade at Settlement Feature for XRP Derivatives

The exchange said the new TAS (trading at official settlement prices) function for XRP futures will start on May 1, 2026, aiming to reduce exposure to intraday volatility.

XRP

Summary

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Terms & Concepts
  • Trade at Settlement (TAS): A derivatives trading mechanism that lets traders transact at or near an official settlement price rather than at fluctuating intraday market prices.
  • XRP futures: Derivative contracts tied to XRP that allow market participants to gain price exposure without directly holding the token.
  • Derivatives: Financial contracts whose value is based on an underlying asset, such as XRP, and are commonly used for hedging or speculation.