Uniswap (UNI) closed at $7.44 on Oct. 20, while its Sept. 22 close was $10.26. CME Group announced its plan to add UNI futures on that earlier date. The Oct. 20 close was 27.5% lower than the Sept. 22 level.
Trading in UNI futures began on the Oct. 19 trade date. Standard contracts represent 10,000 UNI and Micro contracts 1,000 UNI; both settle financially without delivery of the tokens.
CME said client demand for cryptocurrency risk-management tools prompted the planned products. At the time of the announcement, the launch was subject to regulatory review. EconoTimes previously covered the planned Oct. 19 launch for Bitcoin Cash and Uniswap futures.
