Solana（Sol）期貨從周一開始在CME上進行交易

如果您眨了眨眼，您可能會錯過它：Solana的Sol Futures星期一開始交易

If you blinked you may have missed it: Solana's SOL futures started trading on Monday on the Chicago Mercantile Exchange (CME), the go-to marketplace for U.S. institutions, and unlike previous, historic CME debuts for bitcoin (BTC) and ether (ETH), it received little fanfare.

如果您眨了眨眼，您可能會錯過它：Solana的Sol Futures於週一開始在芝加哥商業交易所（CME）上進行交易，美國機構的首選市場，與以前的CME Bitcoin（BTC）和Ether（Ether（ETH））的歷史性CME首次亮相不同。

The product booked $12.3 million in notional daily volume on day one and closed with $7.8 million in open interest, well falling short of similar debuts of BTC and ETH products, according to K33 Research data. For context, BTC futures launched in December 2017 with $102.7 million first-day volume and $20.9 million in open interest, while ETH futures debuted in February 2021 with $31 million in volume and $20 million in open interest, per K33.

根據K33研究數據，該產品在第一天預訂了1,230萬美元的名義每日銷量，並以780萬美元的開放興趣收盤，遠低於類似的BTC和ETH Products的首次亮相。在上下文中，BTC期貨於2017年12月推出，第一天的第一天數量為1.027億美元，開放利息為2090萬美元，而ETH Futures於2021年2月首次亮相，每K33售價3100萬美元和2000萬美元的開放利息。

Already under pressure by the implosion of speculative memecoin activity, bearish crypto action and even a botched commercial, SOL tumbled roughly 10% from its weekend high, underperforming bitcoin's (BTC) and ether's (ETH) 4.5% and 3.8% declines, respectively.

投機性模因活性，看跌加密作用甚至是爆炸的商業，SOL的爆炸已經受到壓力，其周末高約10％，表現不佳的比特幣（BTC）和Ether's（ETH）的4.5％和3.8％下降。

While SOL's debut may seem lackluster in absolute terms, it is more in balance with BTC's and ETH's first-day figures when adjusted to market value, K33 analysts Vetle Lunde and David Zimmerman noted. Solana's market capitalization stood at around $65 billion on Monday, a fraction of ETH's $200 billion and BTC's $318 billion at CME launch.

儘管Sol的首次亮相在絕對的角度看上去似乎平淡無奇，但它與BTC和ETH的第一天數字在適應市場價值時更為平衡，K33分析師Vetle Lunde和David Zimmerman指出。 Solana的市值週一約為650億美元，這是ETH的2000億美元和BTC在CME發起的3180億美元的一小部分。

Solana's CME launch also had unfavorable timing, as market conditions play a crucial role in futures activity, K33 added.

K33補充說，索拉納（Solana）的CME發布也有不利的時機，因為市場條件在期貨活動中起著至關重要的作用。

Bitcoin’s CME futures arrived at the peak of the 2017 bull market as speculative fervor was pushing to the extremes, and ETH's debut coincided with the early stages of the 2021 altcoin rally and Tesla’s BTC purchase announcement, fueling institutional participation. In contrast, SOL futures started trading as crypto markets turned bearish, without any hype or major catalyst driving immediate demand for the product, according to the K33."It would appear that institutional demand for altcoins may be shallow, although we note that SOL’s launch has come in a comparatively risk-off environment," K33 analysts said.

當投機性的熱情推向極端，比特幣的CME期貨到達了2017年牛市的頂峰，而ETH的首次亮相與2021年Altcoin Rally和Tesla BTC購買公告的早期階段相吻合，加劇了製度的參與。相比之下，隨著加密貨幣市場變成看跌，Sol Futures開始交易，沒有任何炒作或主要催化劑推動對產品的直接需求。

Read more: Multicoin's Samani Explains Why SOL ETF Could Trounce ETH's

閱讀更多：Multicoin的Samani解釋了為什麼Sol ETF可以絆倒ETH的

Derivatives trader Josh Lim, founder of Arbelos Markets that was recently acquired by prime broker FalconX, said that the CME product opens up new ways for institutions to manage their exposure to Solana, regardless of the first-day demand. FalconX executed the first SOL futures block trade on CME on Monday with financial services firm StoneX.

Arbelos市場的創始人Josh Lim最近被Prime Broker Falconx收購，他說，CME產品為管理機構管理其對Solana的風險的新方法開闢了新的方法，無論第一天需求如何。 Falconx週一與金融服務公司Stonex執行了CME的第一個SOL Futures Block Block貿易。

"There's enthusiasm for this new CME product launch," Lim said in a Telegram message. Liquid funds will be able to manage around their SOL holdings, including those that bought locked tokens in the FTX liquidation process, he said. Additionally, exchange-traded fund issuers with plans to introduce SOL products could start with CME futures-based ETFs.

林在一條電報消息中說：“對這種新的CME產品發布的熱情。”他說，流動資金將能夠在其溶膠持有量周圍進行管理，包括在FTX清算過程中購買鎖定令牌的液體持有物。此外，具有介紹SOL產品的計劃的交易所交易基金發行人可以從基於CME期貨的ETF開始。

"People are missing the big picture on the new CME products," Lim said. "It's going to change the access that hedge funds have into altcoins."

林說：“人們錯過了新的CME產品上的全局。” “這將改變對沖基金對山寨幣的訪問。”