CME XRP Futures Top $62 Billion in Notional Volume After One Year

Traders executed 1.32 million XRP futures contracts, representing 28.6 billion XRP traded and an average of $238 million in daily notional volume over 250 trading days.

XRP

Summary

XRP futures on CME (Chicago Mercantile Exchange, a major U.S. derivatives market) reached more than $62 billion in notional volume after one year, according to the provided figures. Over that period, traders executed 1.32 million contracts, representing 28.6 billion XRP traded. The contracts averaged $238 million in daily notional volume across 250 trading days. Notional volume measures the total face value of derivatives activity and is commonly used to gauge institutional and professional trading interest in futures markets.

Terms & Concepts
  • XRP futures: Derivatives contracts that let traders gain exposure to XRP price movements without directly holding the token.
  • Notional volume: The total face value of contracts traded, used to measure the scale of activity in derivatives markets.
  • Open interest: The number of active futures contracts that remain unsettled, indicating how much positioning is still in the market.