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Uniswap Becomes First DeFi Protocol Token With CME Futures

Trading began Oct. 19, with standard contracts representing 10,000 UNI and Micro contracts representing 1,000 UNI.

By Enna Lee
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Mentioned assets
Two rose-metal tokens rest in grooves on a steel surface. / TokenPost.ai
Two rose-metal tokens rest in grooves on a steel surface. / TokenPost.ai

Uniswap (UNI) became the first DeFi protocol token with futures on CME Group when the contracts began trading Oct. 19.

CME Group’s standard contracts represent 10,000 UNI, while its Micro contracts represent 1,000 UNI. Both sizes are available for round-the-clock trading.

The decentralized exchange uses UNI for protocol governance. CME’s futures reference the token itself rather than the full exchange protocol.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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