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CME launches 24/7 futures trading for XRP on May 29

CME launches 24/7 futures trading for XRP on May 29

The world's largest derivatives exchange is eliminating its closing bell for crypto, starting with round-the-clock XRP futures and options trading.

CME Group is bringing its crypto futures trading into the always-on era. Starting May 29 at 4:00 p.m. CT, the exchange will offer 24/7 trading across its regulated crypto futures and options, including XRP and Micro XRP contracts.

What the 24/7 shift actually looks like

The continuous trading session will cover XRP futures, options on XRP futures, and the broader crypto derivatives lineup. Trades executed over the weekend will carry the following business day’s trade date for clearing and reporting purposes, a structural detail that matters for back-office operations and regulatory compliance. The only pause will be a two-hour weekend maintenance window. Implementation remains subject to regulatory review.

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XRP futures by the numbers

CME originally launched XRP futures on May 19, 2025. In the roughly one year since, the product has generated approximately $62.87 billion in cumulative notional volume. Over 1.3 million XRP futures contracts changed hands during that period.

Options on XRP futures went live on October 13, 2025, followed by spot-quoted XRP futures on December 15, 2025.

Zooming out further, CME’s entire crypto futures suite posted $3 trillion in cumulative notional volume in 2025. Year-to-date average daily volume for crypto futures in 2026 stands at 407,200 contracts, representing a 46% increase year-on-year.

Why this matters for the broader market

CME is the world’s largest derivatives exchange. When CME says “we’re open all weekend,” it sends a signal to pension funds, sovereign wealth managers, and the kind of institutions that measure risk in basis points. Eliminating the gap between Friday’s close and Sunday’s open means the CME price should track the underlying spot market more continuously, reducing the volatility and dislocation historically associated with that window.

The 46% year-on-year increase in average daily volume suggests that institutional demand isn’t just holding steady. It’s accelerating.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

CME launches 24/7 futures trading for XRP on May 29

CME launches 24/7 futures trading for XRP on May 29

The world's largest derivatives exchange is eliminating its closing bell for crypto, starting with round-the-clock XRP futures and options trading.

CME Group is bringing its crypto futures trading into the always-on era. Starting May 29 at 4:00 p.m. CT, the exchange will offer 24/7 trading across its regulated crypto futures and options, including XRP and Micro XRP contracts.

What the 24/7 shift actually looks like

The continuous trading session will cover XRP futures, options on XRP futures, and the broader crypto derivatives lineup. Trades executed over the weekend will carry the following business day’s trade date for clearing and reporting purposes, a structural detail that matters for back-office operations and regulatory compliance. The only pause will be a two-hour weekend maintenance window. Implementation remains subject to regulatory review.

Advertisement

XRP futures by the numbers

CME originally launched XRP futures on May 19, 2025. In the roughly one year since, the product has generated approximately $62.87 billion in cumulative notional volume. Over 1.3 million XRP futures contracts changed hands during that period.

Options on XRP futures went live on October 13, 2025, followed by spot-quoted XRP futures on December 15, 2025.

Zooming out further, CME’s entire crypto futures suite posted $3 trillion in cumulative notional volume in 2025. Year-to-date average daily volume for crypto futures in 2026 stands at 407,200 contracts, representing a 46% increase year-on-year.

Why this matters for the broader market

CME is the world’s largest derivatives exchange. When CME says “we’re open all weekend,” it sends a signal to pension funds, sovereign wealth managers, and the kind of institutions that measure risk in basis points. Eliminating the gap between Friday’s close and Sunday’s open means the CME price should track the underlying spot market more continuously, reducing the volatility and dislocation historically associated with that window.

The 46% year-on-year increase in average daily volume suggests that institutional demand isn’t just holding steady. It’s accelerating.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.