Announcing the Launch of Silver (SLR) and Stellar (XLM) Futures from Coinbase Derivatives

At Coinbase Derivatives, we are on a mission to reshape how traders engage with derivatives markets. Our latest initiative involves the launch of new futures contracts for Silver (SLR) and Stellar (XLM), expanding our commitment to providing innovative trading opportunities in a secure, regulated environment.

Unlocking New Opportunities

The introduction of Silver and Stellar futures aligns with our commitment to diversifying market offerings and enhancing trading possibilities for our participants. Silver, alongside Gold has long been recognized as a strategic asset, offering potential protection against inflation and market volatility. Known for its fast and cost-effective cross-border payment solutions, Stellar adds an exciting dynamic to our digital asset derivatives offerings.

Our main objective in introducing new futures contracts is to provide diversified markets that facilitate price discovery and promote risk management. By making these contracts available in retail sizes, 50 troy ounces of Silver and 5,000 Stellars, we aim to break down barriers for traders of all levels, allowing greater participation in these markets. 

A Comprehensive Trading Experience

We believe that integrating traditional commodities like Silver with innovative cryptocurrencies like Stellar creates a more holistic trading environment. This strategic approach encourages a diverse range of trading opportunities, allowing participants to explore new ways to manage risk and enhance their portfolios.

Our futures contracts are designed to facilitate effective price discovery, giving traders the tools they need to navigate market fluctuations with confidence. Whether you’re looking to hedge against existing positions or explore new opportunities, these contracts will provide flexibility to your trading needs.

More details on when you can trade these new futures contracts on our partner platforms will be shared soon.