Coinbase is aiming to list Solana (SOL) and Hedera (HBAR) futures contracts starting on February 18, according to a recent filing with the Commodity Futures Trading Commission (CFTC).
The crypto exchange’s subsidiary, Coinbase Derivatives, has submitted the paperwork to introduce cash-settled futures contracts that will expire monthly. If approved, the Solana futures will have a contract size of 100 SOL, valued at approximately $24,000. Additionally, Coinbase plans to offer “nano” Solana contracts, which will be equivalent to five SOL. Hedera futures, on the other hand, will be offered in contracts of 5,000 tokens.
This move aligns with the growing trend among crypto companies to expand their offerings, following the inauguration of crypto-friendly President Donald Trump. Just last week, CME Group inadvertently posted futures pages for XRP and Solana on its staging subdomain, though the exchange clarified that no decision had been made regarding launching these futures.
