CME Group said it plans to launch futures contracts for Avalanche (AVAX) and Sui (SUI) on May 4, pending regulatory review. The new listings will expand the exchange’s regulated crypto derivatives lineup, with both standard and micro-sized contracts available for traders seeking different levels of exposure and hedging flexibility.
Contract sizes include standard and micro versions
Under the specifications released by CME, the standard AVAX futures contract will represent 5,000 AVAX, while the micro contract will cover 500 AVAX. For SUI, the standard contract size will be 50,000 SUI, and the micro version will be 5,000 SUI. Giovanni Vicioso, global head of cryptocurrency products at CME Group, said the contracts are designed to give clients more choice and better capital efficiency, while the exchange’s liquidity and regulated structure remain central to risk management.
Average daily notional value nears $8 billion
CME said demand for crypto derivatives has continued to climb. Vicioso stated that as more market participants turn to CME for risk management and trading opportunities, the exchange recorded a 19% year-over-year increase in average daily volume in March. Its average daily notional trading value is now close to $8 billion.
Commenting on the launch, Volatility Shares CEO and co-founder Justin Young said the move reflects rising demand for products offered through regulated venues. Plus500US CEO Isaac Cahana said the contracts expand access and trading flexibility for clients globally.
24/7 trading for crypto futures and options starts May 29
The AVAX and SUI contracts will join CME’s broader push into crypto derivatives. The company recently added products tied to tokens including Cardano, Chainlink, and Stellar.
CME also said that starting May 29, its cryptocurrency futures and options products will move to 24/7 trading, allowing activity seven days a week and around the clock. The schedule change removes the time limits tied to traditional market hours and gives institutional participants a way to respond more immediately to moves across global crypto markets.