CME Group launched Solana (SOL) futures on the Chicago Mercantile Exchange (CME) on Monday.
In its launch announcement, the exchange operator, which already offers Bitcoin and ether futures and options futures, said that Solana futures would be cash-settled and based on the CME CF Solana-Dollar Reference Rate. Earlier in the day, FalconX said that it executed the first CME Solana trade together with StoneX.
Solana futures fell 3.98% to $127.75 at 9:36 am ET. Meanwhile, Micro Solana futures fell 3.61% to $128.25 at 9:35 am ET.
