CME Group, the world’s leading derivatives marketplace, announced plans to launch Solana (SOL) futures on March 17th, 2025, pending regulatory review. The new contracts will provide market participants with regulated tools to manage price risk in the digital asset space.
The launch will include two contract sizes: a micro contract of 25 SOL and a standard contract of 500 SOL, catering to a range of traders from retail to institutional. These cash-settled futures will be based on the CME CF Solana-Dollar Reference Rate calculated at 4:00 p.m. London time.
Year-to-date figures show an average daily volume of 202,000 contracts, a 73% increase year-over-year, and average open interest of 243,600 contracts, up 55%. Currently there are more than 11,300 unique accounts trading.
“The launch of SOL futures is a significant milestone in the ongoing maturation of the cryptocurrency market,” said Teddy Fusaro, President of Bitwise Asset Management, Inc. He added, “This announcement underscores CME Group’s commitment to and leadership in offering institutional investors and active traders advanced tools for trading and risk management. With the introduction of Bitcoin and Ether futures, CME Group paved the way for the broader institutionalization of crypto as an asset class and set the stage for more regulated financial products such as ETFs to enter the market.”
References
Press Release: https://www.cmegroup.com/media-room/press-releases/2025/2/28/cme_group_to_launchsolanasolfuturesonmarch17.html
Contract Specifications:
https://www.cmegroup.com/markets/cryptocurrencies/solana/solana.html
