Key Takeaways
Coinbase launched nano XRP and nano Solana perpetual futures in the present day for US merchants
Launch coincides with the SEC’s delay of XRP ETF proposals from 21Shares, CoinShares, and Grayscale earlier in the present day
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Coinbase introduced earlier in the present day the launch of perpetual futures contracts tied to XRP and Solana, increasing its derivatives suite for US prospects.
ICYMI: Our US Perpetual-Model Futures product suite is increasing.
nano $SOL and nano $XRP perpetual-style futures at the moment are stay on Coinbase Derivatives. pic.twitter.com/P6gM8CafAh
— Coinbase Institutional 🛡️ (@CoinbaseInsto) August 18, 2025
The brand new nano XRP and nano Solana perpetual futures observe Coinbase’s July 30 rollout of perpetual-style futures for nano Bitcoin and nano Ether.
Every nano XRP contract represents 10 XRP, whereas every nano Solana contract represents 5 SOL. Each are settled in USD and use funding price changes to carefully observe spot costs. Like the sooner nano merchandise, they commerce on Coinbase Derivatives, which is registered with the CFTC as a delegated contract market.
The timing comes as regulators proceed to weigh the way forward for spot crypto ETFs. Earlier in the present day, the SEC delayed its choice on a number of XRP ETF proposals from 21Shares, CoinShares, and Grayscale.
Coinbase’s push into perpetual futures underscores its bid to seize a slice of the fast-expanding perps market, a sector the place decentralized alternate Hyperliquid has surged in dominance, whereas US rivals Kraken and Robinhood have additionally entered the house.
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