Coinbase's derivatives trading platform plans to launch SOL and HBAR futures contracts

ChainCatcher news, according to TheBlock, the Coinbase derivatives trading platform has submitted an application to regulators, planning to launch Solana (SOL) and Hedera (HBAR) futures contracts after February 2025.

According to the application documents, the standard contract size for SOL is 100 SOL (approximately $24,000), and the mini contract size is 5 SOL; the contract size for HBAR is 5,000 tokens. These contracts will be settled in cash monthly and will be cleared by Nodal Clear, LLC, a derivatives clearing organization registered with the CFTC.