Coinbase Unveils SOL, XRP Perpetual Futures for U.S. Traders

Coinbase has launched nano-sized perpetual futures contracts for SOL and XRP, providing U.S. traders with up to 10x leverage in a regulated environment starting August 18, 2025.

This expansion enhances liquidity and market access for U.S. institutional and retail investors, potentially redirecting trading flows to regulated venues while aligning with established derivatives offerings.

Coinbase Introduces 10x Leverage Futures for SOL and XRP

Coinbase officially disclosed that U.S. traders can now access nano-sized perpetual futures contracts for SOL and XRP. This move, effective from August 18, 2025, significantly enhances the regulated trading landscape for cryptocurrency derivatives.

The introduction of 10x leverage enables both institutional and retail investors to participate with minimal contract sizes, specifically offering 5 SOL or 500 XRP per contract. These products, operating under CFTC regulation, eliminate monthly rollovers and shift significant trading activity onshore.

Official communications primarily emerged through Coinbase Institutional’s social media channels, noting the strategic objective to redefine market access. “The expansion of our perpetual-style product suite marks another milestone in our mission to redefine market access for US investors.”

XRP and SOL Futures Follow BTC and ETH Success

Did you know? The introduction of XRP and SOL perpetual futures follows the success of Coinbase’s prior nano BTC and ETH contracts earlier this year, which notably increased institutional engagement and hedging options in the market.

Solana (SOL) is currently priced at $183.29, with a market cap of approximately $98.99 billion. The token underwent a 6.14% drop in the last 24 hours but experienced a notable 27.68% rise over 60 days. Trading volumes reached approximately $6.17 billion, marking a significant 71.27% change. Data attributed to CoinMarketCap.

Analysts from Coincu predict the expansion of Coinbase’s derivatives platform could prompt increased U.S. trading volume while fostering greater regulatory compliance. Expectations suggest further adoption may influence both market behavior and technological innovation within the sector.