CME listed UNI futures on October 19. FalconX and GSR printed the first block trade on October 20. not one UNI token changed hands
size? CME didn't say. the headline version, "first UNI block trade via regulated TradFi", makes it sound like tokens moved
they didn't. the contracts are cash-settled, 10,000 UNI or 1,000 UNI each, priced off the CME CF Uniswap Dollar Reference Rate. it's a bet on $UNI
, not a purchase of it
FalconX has done this before. first CME Solana futures block trade in March 2025, first Avalanche and Sui trades in May 2026. new contract, same desk, same ribbon
my read: a launch print tells you the desks showed up. it doesn't tell you anyone wants to hold it
in a month I'll look up CME's UNI futures open interest and bring the number back here, follow if you want it
#uniswap #cme
size? CME didn't say. the headline version, "first UNI block trade via regulated TradFi", makes it sound like tokens moved
they didn't. the contracts are cash-settled, 10,000 UNI or 1,000 UNI each, priced off the CME CF Uniswap Dollar Reference Rate. it's a bet on $UNI
, not a purchase of it
FalconX has done this before. first CME Solana futures block trade in March 2025, first Avalanche and Sui trades in May 2026. new contract, same desk, same ribbon
my read: a launch print tells you the desks showed up. it doesn't tell you anyone wants to hold it
in a month I'll look up CME's UNI futures open interest and bring the number back here, follow if you want it
#uniswap #cme