用於自我認證的Coinbase文件，以列出索拉納（SOL）期貨合約

Solana Futures Market將引入標準尺寸為100 SOL的合同，相當於今天的價值23,700美元。此外，將有較小的合同

Cryptocurrency exchange Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives.

加密貨幣交易所Coinbase已申請自我認證，以在其子公司平台Coinbase衍生品上列出Solana Futures合同。

The Solana futures market will introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700. However, there will also be smaller contracts available, known as “nano” Solana futures, with each contract representing 5 SOL.

索拉納期貨市場將引入標準尺寸為100 SOL的合同，相當於今天的價值23,700美元。但是，還將有較小的合同可用，稱為“納米”索拉納期貨，每份合同代表5個SOL。

According to a Jan. 30 filing with the U.S. Commodity Futures Trading Commission, Solana (SOL) futures contracts will be offered on a monthly cash-settled basis and will go on offer from Feb. 18. 2025.

根據1月30日提交給美國商品期貨交易委員會的文件，Solana（Sol）期貨合約將按月持有現金定為基礎，並將在2025年2月18日起提供。

The newly offered structure will allow traders to engage with Solana price movements through futures trading, offering flexibility in investment size depending on whether one opts for the standard or the nano contracts.

新提供的結構將使交易者能夠通過期貨交易與Solana價格變動互動，從而根據選擇標准或納米合同提供了投資規模的靈活性。

As per the filing, Coinbase Derivatives revealed that the position limits on offer for the Solana futures will be 30 percent lower than those offered on its Bitcoin (BTC) futures, as part of its efforts to manage liquidity and volatility. Referencing Solana’s heightened volatility relative to Bitcoin and Ethereum (ETH), an excerpt from the filing reads:

根據文件，Coinbase衍生產品透露，作為管理流動性和波動性的努力，Solana Futures提供的頭寸限制將比其比特幣（BTC）期貨的職位低30％。引用Solana相對於比特幣和以太坊（ETH）的增強的波動性，這是備案的摘錄：

Solana’s current 30-day volatility is approximately 3.9%. In similar timeframes, Bitcoin and Ethereum’s 30-day realized volatilities are around 2.3% and 3.1% respectively. When compared to other digital assets, Solana’s volatility is moderately higher, reflecting its emerging market position and the rapid growth of its ecosystem.

Solana目前的30天波動率約為3.9％。在類似的時間範圍內，比特幣和以太坊的30天實現波動率分別為2.3％和3.1％。與其他數字資產相比，Solana的波動性較高，反映了其新興市場地位和生態系統的快速增長。

Benchmark rates for settlement will be provided by the German index provider MarketVector Indexes GmbH, which will have the effect of placing the proposed Solana futures under the regulatory supervision of Germany’s Federal Financial Supervisory Authority.

德國指數提供商MarketVector索引GmbH將提供和解的基準利率，該索引將有效地將擬議的Solana期貨置於德國聯邦財務監管機構的監管監督下。

The introduction of Solana futures comes at a time when the US president Donald Trump’s executive order declaring crypto as a “national priority” has triggered a rush of positive crypto market sentiment. Bitwise chief investment officer Matt Hougan recently suggested that the executive order and the general warming of regulatory ties with the crypto industry could break Bitcoin’s 4-year cycle, and keep the current bull run going into 2026.

索拉納期貨的引入是在美國總統唐納德·特朗普（Donald Trump）的行政命令宣布加密貨幣為“國家優先事項”的時候，引發了積極的加密市場情緒。 Bitwise首席投資官Matt Hougan最近建議，行政命令和與加密貨幣行業的監管聯繫的總體變暖可能會破壞比特幣的4年周期，並將目前的牛市持續到2026年。