Coinbase's introduction of nano futures for XRP and SOL on August 18 aims to enhance market access for U.S. investors in the derivatives space.
Coinbase Derivatives will launch nano XRP and SOL perpetual futures on August 18, allowing U.S. traders to engage with these contracts. The nano XRP contract will represent 500 XRP, while the nano SOL contract will represent 5 SOL tokens. Both contracts will expire in December 2030 and will be cash-settled in U.S. dollars, with defined position limits and trading hours. This move expands Coinbase's offerings in the regulated crypto derivatives market, following its earlier introduction of nano Bitcoin and nano Ether contracts.