March 17,2025 @05:00 AM
CME Group is offering traders the opportunity to expand their crypto trading strategy with the launch of Solana (SOL) futures on March 17, 2025. Traders also have the option to trade Micro SOL (MSL) for even greater precision and flexibility.
SOL futures will be cash-settled and based on the CME CF Solana-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of SOL and is calculated daily at 4:00 p.m. London time.
If you’ve considered trading cryptocurrency but prefer regulated products to help manage cryptocurrency price risk, the expanding suite of CME Group’s crypto futures may be the right fit for your trading strategy. The new Solana futures will be available alongside Bitcoin and Ether futures, micro futures and options futures.
Be among the first to trade CME’s Solana futures with EdgeClear, the forward-thinking futures broker. Simply ask your EdgeClear broker for details on accessing SOL and Micro SOL futures.
If you don’t have an EdgeClear broker yet, fill in the information request below and we will assign one to you!
Contract Specifications:
| SOLANA FUTURES | MICRO SOLANA FUTURES | |
| PRODUCT CODE | CME Globex: SOL CME ClearPort: SOL Clearing: SOL BTIC: SLB / SNB | CME Globex: MSL CME ClearPort: MSL Clearing: SOL BTIC: OLB / ONB |
| CONTRACT SIZE | 500 SOL as defined by the CME CF Solana-Dollar Reference Rate (SOLUSD_RR) | 25 SOL as defined by the CME CF Solana-Dollar Reference Rate (SOLUSD_RR) |
| MINIMUM TICK/PRICE FLUCTUATION | $0.05 per SOL = $25 per contract. | $0.05 per SOL = $1.25 per contract. |
| PRICE QUOTATION | U.S. dollars and cents per SOL | |
| TRADING HOURS | CME Globex Pre-Open: 5:45 p.m. – 6:00 p.m. ET (4:45 p.m. – 5:00 p.m. CT) CME Globex: Sunday – Friday 6:00 p.m. – 5:00 p.m. ET (5:00 p.m. – 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT) ClearPort: Sunday 6:00 p.m. – Friday 6:45 p.m. ET (5:00 p.m. – 5:45 p.m. CT) with no reporting Monday – Thursday between 6:45 p.m. – 7:00 p.m. ET (5:45 p.m. – 6:00 p.m. CT). | |
| LISTED CONTRACTS | Monthly contracts listed for six (6), quarterly contracts (Mar, Jun, Sept, Dec) listed for four (4) additional quarters and a second Dec contract if only one is listed. | |
| SETTLEMENT | Financially Settled | |
| TERMINATION OF TRADING | Trading terminates at 4:00 p.m. London time on the last Friday of the contract month, which is either a London or U.S. business day. If the last Friday of the contract month day is not a business day in both London and the U.S., trading terminates on the prior London or U.S. business day. | |
Fee Break Down:
| SOLANA FUTURES | MICRO SOLANA FUTURES | |
| EdgeClear Commissions: | $2.50 per contract | $1.00 per contract |
| CME Group Exchange Fees: | $7.50 per contract | $1.15 per contract |
| NFA Fees: | $0.02 per contract | $0.02 per contract |
| TOTAL FEES: | $10.02 per contract | $2.17 per contract |
Disclaimer: Virtual currency derivatives involve a substantial risk of loss and are not suitable for all investors. The information contained in this post is for informational purposes only and not financial advice.
