CME: XRP Futures Secure New Record
Main Idea
CME's XRP futures have reached a record notional volume of $3 billion, with significant trading activity and open interest, indicating strong market interest in XRP derivatives.
Key Points
1. CME's XRP futures have surpassed $3 billion in notional volume, marking a new record.
2. Approximately 108,000 contracts have been traded on the CME Group platform.
3. Open interest for CME's XRP futures is currently $724 million, ranking fifth among derivatives.
4. XRP futures went live on CME in May after months of anticipation, with strong market reception.
5. Bitget and Binance lead in open interest for XRP futures with $2.09 billion and $1.78 billion, respectively.
Description
CME's XRP futures have now topped a total of $3 billion in notional volume
$XRP
$3.4689
-0.23%
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