Nano XRP Perpetual Futures (XPP)

US Regulated XRP Perp Style Futures

What Is a Nano XRP Perpetual Futures Contract?

A Nano XRP Perpetual Futures Contract (XPP) is a smaller-sized, cash-settled futures contract designed to track the price of XRP.

Each contract represents 500 XRP and uses a funding rate mechanism to help keep the futures price closely aligned with the underlying XRP market. XPP provides traders with a regulated way to manage XRP exposure, trade on margin, or take a view on the price of XRP.

Nano XRP Perpetual Futures Contract Specifications

Product:

Nano XRP Perp Style Futures

Futures Contract Symbol:

Exchange:

Coinbase Derivatives Exchange (CDE)

Contract Size:

500 of XRP

Trading Hours:

24/7 except Friday 5:00–6:00 PM ET

Minimum Price Fluctuation:

$0.0001 per XRP 

Tick Value:

$0.05 per contract

Settlement Method:

Financially Settled in USD

Initial Expiration:

Third Friday of December 2030

Exchange Fees:

Margin Requirements for Nano XRP Perpetual Futures

Nano Perp XRP Margins

Long (Buy) XPP

Short (Sell) XPP

Initial Day Margin

$240

$390

Source: Coinbase

The above information is derived from sources believed to be accurate. It is provided without guarantees and is subject change without notice.

Other contracts can be found on our margins page.

Nano XRP Perpetual Futures FAQs

The primary ticker symbol for these contracts is XPP. This symbol represents the Coinbase Derivatives Nano XRP contract, which is a cash-settled instrument designed for retail capital efficiency.

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