XRP futures became the fastest contract in CME Group history to cross $1 billion in open interest (OI), achieving the milestone in just over three months.
CME Group reported its crypto futures suite surpassed $30 billion in notional open interest for the first time, with XRP and Solana futures each crossing the $1 billion threshold. Additionally, Ethereum reached the OI record of $10.5 billion.
The derivatives exchange stated:
“Our Crypto futures suite just surpassed $30B in notional open interest for the first time ever. Our SOL and XRP futures, along with ETH options, each crossed $1B in OI, with XRP being the fastest-ever contract to do so, hitting the mark in just over 3 months.”
Strong trading activity
XRP futures recorded their largest daily volume since July 15 on Aug. 25, with 7,533 contracts traded and over $1 billion in total volume, according to CME data.
The activity demonstrates appetite for regulated XRP exposure through CME’s CFTC-supervised platform.
The milestone comes as traditional finance firms seek cryptocurrency derivatives products. CME launched XRP futures in May 2025, providing institutions with standardized contracts settling to the CME CF XRP-Dollar Reference Rate.
Nate Geraci, president of NovaDius Wealth, connected the futures activity to potential spot ETF demand on Aug. 26.
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Author: Gino Matos