CME Group Adds Cardano, Chainlink, Stellar Futures; Expands Crypto Offerings
CME Group is set to launch futures contracts for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) on February 9, pending regulatory review. This move signifies the maturation of the digital asset market beyond Bitcoin and Ethereum. The exchange will offer both standard and micro-sized contracts to cater to institutional and retail traders. This expansion follows a year of record crypto futures and options activity for CME, with an average daily volume (ADV) of 278,300 contracts, representing approximately $12 billion in notional value. Average open interest (OI) stood at 313,900 contracts, representing about $26.4 billion in notional value. CME also noted that crypto ADV rose 139% year over year to a record 278,000 contracts.
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