- Coinbase Derivatives will launch nano XRP and Solana futures with 10x leverage and long-term contracts on August 18.
- These contracts lower entry barriers for retail traders and are fully regulated within the U.S. market.
- The move adds to Coinbase’s growing suite of compliant futures products, expanding beyond Bitcoin and Ether.
Coinbase Derivatives has announced it will introduce nano perpetual futures for XRP and Solana (SOL) on August 18. The move follows its earlier rollout of nano futures for Bitcoin and Ether. These upcoming contracts are designed with smaller lot sizes, lowering the capital barrier for traders seeking exposure to these digital assets.
The nano contracts will offer a reduced position size, specifically tailored for retail participants. Coinbase had previously launched nano Bitcoin futures at 0.01 BTC and nano Ether futures at 0.10 ETH. These upcoming XRP and SOL contracts will continue the trend of accessible trading options, aligning with regulatory compliance in the U.S. market.
Long-duration structure with high leverage
Unlike traditional monthly-expiring futures, the Coinbase perpetual futures come with a five-year expiration period. This allows longer-term positioning without the need to roll over contracts monthly. Furthermore, traders will have access to 10x leverage, giving them the ability to control larger positions with lower capital outlay.
The new offerings come fully regulated, giving Coinbase a notable edge in the U.S. derivatives space. Many U.S.-based investors had previously relied on offshore and unregulated platforms to access similar products. With these new launches, Coinbase strengthens its foothold in the domestic derivatives market.
Recent industry developments
In parallel with Coinbase’s announcement, Gemini has expanded its margin trading collateral options to include XRP, Solana, and Shiba Inu (SHIB). Additionally, the Teucrium 2× Long Daily XRP ETF (XXRP) surpassed $300 million in net inflows, reflecting growing investor interest in XRP-related products.
