Share this article

Coinbase Files Paperwork To List Solana, Hedera Futures

Coinbase is looking to list the futures as soon as Feb. 18, it said in the filing.

Jan 30, 2025, 10:48 p.m.
Crypto exchange Coinbase is looking to list Solana and Hedera futures. (Photo Illustration by Justin Sullivan/Getty Images)
Crypto exchange Coinbase is looking to list Solana and Hedera futures. (Photo Illustration by Justin Sullivan/Getty Images)

What to know:

  • Coinbase's derivatives arm has applied for self-certification to list Solana, Hedera and nano Solana futures, a filing shows.
  • The Solana contracts would have a size of 100 SOL and the Hedera contracts would track 5,000 HBAR.
  • Coinbase is looking to list the futures as soon as Feb. 18, it said in the filing.

Coinbase Derivatives, a subsidiary of the crypto exchange, has filed documents with the Commodity Futures Trading Commission (CFTC) to list Solana and Hedera (HBAR) futures.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The exchange plans to launch the product on Feb 18., with new contracts being cash-settled on a monthly basis, according to the filing.

The contract size for the Solana futures would be 100 SOL, currently worth roughly $24,000, if approved. It would also offer "nano" Solana contracts with five SOL. Hedera futures would be sized at 5,000 tokens.

The move comes after several players in crypto have taken steps to launch new products following the inauguration of crypto-friendly President Donald Trump. Just last week, futures and options exchange CME accidentally posted the futures page for XRP and SOL in their "staging subdomain."

CME told CoinDesk that the leak was an error and that no decision had been made on whether it would launch SOL or XRP futures.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde

Bulls

After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours.

What to know:

  • Bitcoin held in the $87,500 in U.S. afternoon action on Tuesday, up 2% over the past 24 hours.
  • K33 analyst Vetle Lunde suggested BTC's relative weakness to stocks this quarter could mean rebalancing-led buying once January rolls around.