Traders can now hedge exposure to memecoins including PEPE and FLOKI.
Crypto.com’s North American derivatives exchange, Nadex, has listed derivatives contracts tied to memecoins including PEPE and FLOKI, according to Oct. 7 filings with the United States Commodity Futures Trading Commission (CFTC).
Nadex has also listed derivatives products tied to Dogelon Mars (ELON) and BONK, according to the filings.
The combined market capitalization of the four memecoins underlying Nadex’s contracts is nearly $7 billion, according to CoinMarketCap.
