Nadex Launches Meme Coin Derivatives Contracts

According to BlockBeats, on October 9, Crypto.com's North American derivatives trading platform, Nadex, has introduced derivatives contracts related to meme coins. The newly listed contracts include PEPE, FLOKI, Dogelon Mars (ELON), and BONK. CoinMarketCap data indicates that the combined market capitalization of these four meme coins is approximately $7 billion. These new contracts expand Nadex's existing suite of cryptocurrency derivatives, which already includes contracts related to tokens such as BTC and ETH.