Coinbase Launches Solana Futures Push

Coinbase Plans Launch of Solana Futures to Expand Offerings

• Coinbase aims to launch cash-settled Solana futures contracts on its derivatives exchange.
• The contracts will represent 100 SOL tokens each, valued at approximately $25,000.
• Solana’s volatility is higher than Bitcoin and Ethereum, with a 30-day volatility of 3.9%.
• The initial trading date is tentative, set for “on or after February 18.”
• Position limits are set at 3,500 contracts, about 30% lower than Bitcoin futures.

Coinbase is working with the Commodity Futures Trading Commission to list Solana futures. The planned contracts aim to offer investors new options compared to existing CME Group offerings limited to Bitcoin and Ether.