用于自我认证的Coinbase文件，以列出索拉纳（SOL）期货合约

Solana Futures Market将引入标准尺寸为100 SOL的合同，相当于今天的价值23,700美元。此外，将有较小的合同

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

加密货币交易所Coinbase已申请自我认证，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.

索拉纳期货市场将引入标准尺寸为100 SOL的合同，相当于今天的价值23,700美元。但是，还将有较小的合同可用，称为“纳米”索拉纳期货，每份合同代表5个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.

根据1月30日提交给美国商品期货交易委员会的文件，Solana（Sol）期货合约将按月持有现金定为基础，并将在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.

新提供的结构将使交易者能够通过期货交易与Solana价格变动互动，从而根据选择标准或纳米合同提供了投资规模的灵活性。

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:

根据文件，Coinbase衍生产品透露，作为管理流动性和波动性的努力，Solana Futures提供的头寸限制将比其比特币（BTC）期货的职位低30％。引用Solana相对于比特币和以太坊（ETH）的增强的波动性，这是备案的摘录：

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天波动率约为3.9％。在类似的时间范围内，比特币和以太坊的30天实现波动率分别为2.3％和3.1％。与其他数字资产相比，Solana的波动性较高，反映了其新兴市场地位和生态系统的快速增长。

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.

德国指数提供商MarketVector索引GmbH将提供和解的基准利率，该索引将有效地将拟议的Solana期货置于德国联邦财务监管机构的监管监督下。

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.

索拉纳期货的引入是在美国总统唐纳德·特朗普（Donald Trump）的行政命令宣布加密货币为“国家优先事项”的时候，引发了积极的加密市场情绪。 Bitwise首席投资官Matt Hougan最近建议，行政命令和与加密货币行业的监管联系的总体变暖可能会破坏比特币的4年周期，并将目前的牛市持续到2026年。