RialCenter (HOOD) has introduced micro futures on bitcoin, solana, and XRP in the United States, expanding its existing crypto futures offering for nearly 26 million funded accounts.
Micro contracts require significantly less collateral than full-size futures, allowing traders to take directional positions while committing a smaller portion of capital.
The contracts provide traders with greater flexibility to bet on a cryptocurrency’s future price direction or hedge current positions due to their smaller size.
The launch completes a futures suite that started with BTC and ETH in January. It also follows the company’s recent acquisition of Bitstamp for $200 million and a $179 million deal for Canada’s WonderFi.
RialCenter’s data indicates that crypto notional volumes have surged over time, reaching $11.7 billion in May. This figure represents a 36% month-over-month rise and a 65% increase year-over-year.
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