XRP futures reach $25.6 million in trading volume in the first 2 days on CME.
XRP futures on CME recorded $25.6 million in notional volume in the first 48 hours of trading. The trading activity suggests a neutral market sentiment, with no significant premium or discount on the futures price. The strong debut underscores the growing institutional interest in XRP and the demand for regulated crypto derivatives beyond BTC and ETH.
The trading of XRP futures on CME Group has increased to a combined notional volume of $25.6 million in its first two days of launch. This marks a strong debut for the altcoin's entry into regulated derivatives markets.
Meanwhile, XRP continues to trade below $2.50, falling 7% in the last week.
CME began trading XRP futures on May 19, offering standard contracts (50,000 XRP) and micro contracts (2,500 XRP). According to official CME data and corroborative reports, 120 standard contracts and 206 micro contracts were traded on May 19, totaling approximately 6.5 million XRP.
On May 20, the exchange recorded 59 standard contracts and 485 micro contracts, adding another 4.1 million XRP to the total. Thus, using the current market price of XRP at $2.39, the total trading volume over both days amounts to approximately $25.6 million.
This volume positions XRP's debut ahead of other altcoin launches on CME. Solana (SOL) futures, which debuted in March 2025, recorded $12.3 million in notional volume on the first day.
With XRP currently trading at $2.39, the futures contracts do not reflect a premium or discount. This suggests that traders expect price stability in the short term. So far, there are no signs of strong bullish or bearish sentiment among futures participants.