Overview

• Total crypto futures open interest on CME has doubled year over year to roughly $30 billion to $35 billion per day, Tim McCourt said at Token2049.
• Solana futures, launched in mid-March with a 500 SOL contract size, reached $1 billion in notional open interest in about five months, outpacing ether’s eight months and bitcoin’s three years.
• XRP futures surpassed $1 billion in open interest roughly three months after launch, using a standard 50,000 XRP contract.
• Ether derivatives remain elevated, with futures open interest at $9.05 billion after an August peak of $10.42 billion and options open interest topping $1 billion in September.
• CME’s cash-settled futures are being used by institutions for regulated exposure, hedging and arbitrage, while industry voices highlighted stablecoins and clearer rules as keys for deeper bank participation.