🚨 CRYPTO: CME GROUP TO LAUNCH AVALANCHE AND SUI FUTURES ON MAY 4
@CMEGroup announced plans to add Avalanche ($AVAX) and Sui ($SUI) futures to its regulated crypto derivatives suite on May 4, pending regulatory approval. Both standard and micro contract sizes will be available, with $AVAX contracts at 5,000 and 500 tokens and $SUI contracts at 50,000 and 5,000 tokens respectively.
The launch follows CME's recent addition of Cardano, Chainlink and Stellar futures earlier this year and reflects growing institutional appetite. March average daily volume in CME's crypto derivatives rose 19% year over year, with nearly $8 billion in average notional value traded daily.
CME also confirmed it will begin offering 24/7 trading for its full crypto futures and options suite starting May 29, aligning its derivatives platform with the always-on nature of spot crypto markets.
@CosmicWolfTR @shuhneng@Ronin_Network@Kttyworld Could you clarify what you think I’m mixing up? I’d appreciate it if you could explain what I said wrong or where you think I’m mistaken
@CosmicWolfTR @shuhneng@Ronin_Network@Kttyworld How was it the same? Isn’t one of the core purposes of crypto that you are personally responsible for your own decisions and your own assets? If you lose your money on a slot machine, who do you think is responsible for that?