Solana（Sol）期货从周一开始在CME上进行交易

如果您眨了眨眼，您可能会错过它：Solana的Sol Futures星期一开始交易

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，您可能会错过它：Solana的Sol Futures于周一开始在芝加哥商业交易所（CME）上进行交易，美国机构的首选市场，与以前的CME Bitcoin（BTC）和Ether（Ether（ETH））的历史性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.

根据K33研究数据，该产品在第一天预订了1,230万美元的名义每日销量，并以780万美元的开放兴趣收盘，远低于类似的BTC和ETH Products的首次亮相。在上下文中，BTC期货于2017年12月推出，第一天的第一天数量为1.027亿美元和2090万美元的公开利息，而ETH Futures于2021年2月首次亮相，售价为3,100万美元，每K33的开放利息和2000万美元的开放利息。

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.

投机性模因活性，看跌加密作用甚至是爆炸的商业，SOL的爆炸已经受到压力，其周末高约10％，表现不佳的比特币（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.

尽管Sol的首次亮相在绝对的角度看上去似乎平淡无奇，但它与BTC和ETH的第一天数字在适应市场价值时更为平衡，K33分析师Vetle Lunde和David Zimmerman指出。 Solana的市值周一约为650亿美元，这是ETH的2000亿美元和BTC在CME发起的3180亿美元的一小部分。

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

K33补充说，索拉纳（Solana）的CME发布也有不利的时机，因为市场条件在期货活动中起着至关重要的作用。

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.

当投机性的热情推向极端，比特币的CME期货到达了2017年牛市的顶峰，而ETH的首次亮相与2021年Altcoin Rally和Tesla BTC购买公告的早期阶段相吻合，加剧了制度的参与。相比之下，随着加密货币市场变成看跌，Sol Futures开始交易，没有任何炒作或主要催化剂推动对产品的直接需求。

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

阅读更多：Multicoin的Samani解释了为什么Sol ETF可以绊倒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市场的创始人Josh Lim最近被Prime Broker Falconx收购，他说，CME产品为管理机构管理其对Solana的风险的新方法开辟了新的方法，无论第一天需求如何。 Falconx周一与金融服务公司Stonex执行了CME的第一个SOL Futures Block Block贸易。

"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.

林在一条电报消息中说：“对这种新的CME产品发布的热情。”他说，流动资金将能够在其溶胶持有量周围进行管理，包括在FTX清算过程中购买锁定令牌的液体持有物。此外，具有介绍SOL产品的计划的交易所交易基金发行人可以从基于CME期货的ETF开始。

"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."

林说：“人们错过了新的CME产品上的全局。” “这将改变对冲基金对山寨币的访问。”