CME Group plans to launch AVAX and Sui futures contracts on May 4, and will support 24/7 trading starting May 29.

CoinFeed reported on April 7th that, according to the CME Group website, CME Group (Chicago Mercantile Exchange) announced plans to launch Avalanche (AVAX) and Sui (SUI) futures contracts on May 4th, pending regulatory approval. The new products include AVAX futures (contract size 5,000 AVAX) and micro AVAX futures (500 AVAX), as well as SUI futures (50,000 SUI) and micro SUI futures (5,000 SUI), providing institutions and individuals with different contract size options. CME stated that its cryptocurrency derivatives trading volume averaged approximately $8 billion per day in March, a 19% year-over-year increase. Starting May 29th, all CME cryptocurrency futures and options will support 24/7 trading.