Share this article
XRP and SOL Futures Open Interest on CME Hits Record High
Record XRP and Solana futures activity pushed open interest on the derivatives giant’s platform to roughly $3 billion, signaling renewed retail and institutional appetite for altcoin exposure.
Updated Oct 29, 2025, 1:30 p.m. Published Oct 29, 2025, 5:35 a.m.
What to know:
- CME-listed futures for XRP and Solana reached record open interest, indicating strong demand for regulated crypto products.
- The notional open interest for these futures contracts totaled $3 billion, highlighting their growing popularity among investors.
- Solana futures launched in March and surpassed $1 billion in open interest by August, while XRP futures achieved this milestone within three months of their debut.
The CME-listed futures tied to and Solana saw record open interest Monday in a sign of consistent demand for regulated products.
The global derivatives giant saw a record 9,900 XRP and micro XRP active contracts Monday, alongside 15,600 open positions in standard and micro SOL futures. Taken together, these contracts equated to a notional open interest of $3 billion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
This milestone reflects the increasing adoption of regulated futures as a preferred venue for investors seeking exposure to digital assets, manage risks, and capitalizing on the growing crypto market, as Tim McCourt, the exchange’s Global Head of Equity & FX Products, said during the Token2049 conference in Dubai.
The standard Solana futures contract, sized at 500 SOL, went live in March and crossed the $1 billion notional open interest mark in August. Futures tied to the payments-focused XRP crossed that threshold in August, just three months after their debut.
More For You
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 Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
