CME Group is set to introduce futures contracts for Avalanche (AVAX) and Sui (SUI), marking another expansion of its crypto derivatives portfolio.
The move comes just weeks before CME transitions to 24/7 crypto futures and options trading, scheduled for May 29. AVAX and SUI futures will be offered in both micro and standard sizes, aiming to increase flexibility and capital efficiency for traders.
"Our new micro- and larger-sized Avalanche and Sui futures will provide clients with greater choice, enhanced flexibility and more capital efficiencies," said Giovanni Vicioso, CME’s Global Head of Crypto Products.
The addition follows earlier launches of Cardano (ADA), Stellar (XLM), and Chainlink (LINK) futures earlier this year. Bitcoin, Ethereum, XRP, and Solana futures are also available.
CME’s crypto volumes reached record levels last year, with over $13 billion in daily notional value traded. The company is also exploring decentralized network initiatives and partnering with Google on a tokenized cash project.