Coinbase Derivatives Rolls Out XRP Futures

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Coinbase has launched XRP futures contracts on its US derivatives exchange, the company announced on Monday.

Regulated by the Commodity Futures Trading Commission (CFTC), these products offer traders exposure to one of the most actively traded cryptocurrencies in a well-supervised environment.

Coinbase introduced two contract types: a standard version linked to 10,000 XRP and a smaller “nano” contract representing 500 XRP, valued at about $1,000 as of April 21, according to regulatory filings.

XRP joins Solana (SOL) and Hedera (HBAR) among the crypto futures listed on Coinbase’s US platform, both added in February.

This move reflects growing interest in crypto derivatives across the US market. Since 2024, platforms like Coinbase, Robinhood, and CME have expanded their offerings to meet demand from both retail and institutional traders.

Futures contracts allow traders to speculate on price movements or hedge exposure using leverage. Coinbase currently lists nearly 100 derivatives products globally, including US-based contracts tied to assets like Dogecoin, gold, and oil.