CME Group Launches Avalanche and Sui Futures with Micro Contracts on May 4
CME Group will introduce Avalanche futures (5,000 AVAX and 500 AVAX micro contracts) and Sui futures (50,000 SUI and 5,000 SUI micro contracts) on May 4 pending regulatory approval. The move follows a 19% year-over-year rise in March crypto volume, with nearly $8 billion average daily notional traded, and precedes 24/7 trading from May 29.
1. New Crypto Futures Launch
CME Group is set to launch Avalanche futures in two sizes—5,000 AVAX and Micro AVAX at 500 AVAX—and Sui futures at 50,000 SUI and Micro SUI at 5,000 SUI on May 4, subject to regulatory approval. These additions expand its regulated crypto derivatives suite and offer traders both standard and micro contract options for greater capital efficiency.
2. Strong Crypto Volume Growth
In March, CME’s average daily crypto derivatives volume rose 19% year-over-year, with average notional value reaching nearly $8 billion per day. This uptick underscores growing institutional and retail demand for regulated, liquid crypto risk management tools.
3. Extended Trading Hours
Beginning May 29, CME will enable 24-hour, seven-day trading for its cryptocurrency futures and options, matching market participants’ needs for continuous access. This extension aims to enhance global participation and liquidity across its digital asset offerings.