Latest Developments on Coinbase for Ripple (XRP) and Solana (SOL): Updated Information Revealed
Coinbase Expands Crypto Derivatives Offerings with Nano XRP and Nano SOL Perpetual Futures
As of August 18, 2025, Coinbase has launched nano XRP and nano SOL perpetual futures for US users on its Coinbase Derivatives platform. These new products aim to increase market access for both institutional and retail US traders by offering smaller contract sizes and regulated exposure to XRP and Solana (SOL).
Key Details
The nano XRP perpetual futures contract represents 500 XRP tokens, with a minimum price increment of $0.0001 per XRP. Each contract settles in US dollars, and position limits allow up to 700,000 contracts per trader. The nano SOL perpetual futures contract represents 5 SOL tokens, with a tick size of $0.01, settles in US dollars, and allows up to 340,000 contracts per trader. Both contracts expire in December 2030.
How They Function
These perpetual futures contracts do not have fixed settlement dates, instead relying on a funding rate mechanism that periodically swaps payments between longs and shorts to maintain price alignment with the spot market. The contract sizes, or "nano," are intentionally smaller compared to regular futures, making them more accessible and allowing finer position sizing for US traders. The availability of US dollar-settled contracts regulated under the CFTC framework aims to provide a safer and more compliant environment for cryptocurrency derivatives trading in the US market.
Impact and Implications
The launch of nano XRP and nano SOL perpetual futures reflects Coinbase's broader effort to enhance capital efficiency and margin trading flexibility for US customers while expanding the regulated crypto derivatives product lineup beyond just Bitcoin and Ether. The addition of these futures marks another milestone in Coinbase's mission "to redefine market access" for American investors.
In other news, Coinbase has also listed Treehouse (TREE) with an Experimental label on its iOS and Android apps. Clients can now buy, sell, convert, send, receive, or store Treehouse (TREE) on Coinbase. However, the listing did not have a positive impact on Treehouse's price, with the token plummeting by 42% to approximately $0.58.
Coinbase has extended support towards Solana since its listing in May 2021, and it previously embraced XRP in 2019. However, Coinbase suspended all trading services with XRP at the beginning of 2021 due to a lawsuit between Ripple and the US Securities and Exchange Commission (SEC).
References: 1. Coinbase Blog 2. CoinDesk 3. The Block
Bitcoin and crypto traders on Coinbase Derivatives platform now have more options for trading, as the company has added nano XRP and nano SOL perpetual futures. This move, following the launch of nano XRP and nano SOL perpetual futures, signals Coinbase's continued effort to increase market access and enhance margin trading flexibility, not just for Bitcoin and Ether, but for other cryptocurrencies like XRP and Solana (SOL).
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