CME Group Reports Record Growth in Solana Futures Trading

Over 730,000 contracts worth $34 billion have been traded since March, with open interest surpassing $2.1 billion in September.

SOL

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Terms & Concepts
  • Open Interest (OI): The total number of outstanding derivative contracts, such as futures or options, that have not been settled.
  • Notional Value: The total value of a leveraged position’s underlying asset, used to measure the equivalent amount traded in derivative markets.
  • Solana Futures: Derivative contracts that allow traders to speculate on the future price of Solana (SOL) without directly owning the cryptocurrency.