Coinbase Derivatives, a subsidiary of Coinbase Global, has launched regulated XRP futures contracts, expanding its offerings for U.S.-based crypto traders.
The new products, whose launch was announced on an Apr. 21 post on X, are self-certified by the Commodity Futures Trading Commission. They are designed to provide institutional and retail investors with capital-efficient exposure to one of the most liquid digital assets on the market.
Futures contracts are agreements to buy or sell an asset at a specific price at a later date. They allow traders to use leverage without actually holding the asset, making them widely used for speculation or hedging in the cryptocurrency market.
According to the official filing with the CFTC, the offering includes a nano version covering 500 XRP 
xrp1.84% and a standard XRP futures contract representing 10,000 XRP. Both are benchmarked to the MarketVector Coinbase XRP Index and settled in U.S. dollars.
While the standard version is suitable for larger institutions looking for greater liquidity, the smaller contract size is designed to accommodate smaller market participants and retail traders.
