CME Launches Regulated Futures Market for Uniswap Token

The Chicago Mercantile Exchange (CME) has opened a regulated futures market for the governance token associated with the Uniswap protocol, according to CryptoNews. The launch gives traders a way to take a position on the token's dollar price without moving it between wallets.

Contract Specifications and Structure

CME listed standard and micro UNI futures for the October 19, 2026 trade date, following Special Executive Report 9820. A standard contract references 10,000 UNI, while a micro contract references 1,000 UNI. Both contracts settle financially in cash against the CME CF Uniswap Dollar Reference Rate on the last trading date.

The exchange's initial schedule lists 10 contract months through March 2028. Additionally, a market maker program can designate up to seven participants through January 31, 2027, to help traders find bids and offers.

Settlement and Market Impact

Cash settlement keeps UNI off the delivery rail, separating futures positions from direct token custody, staking, or governance participation. The contracts trade through CME's electronic platform and can be submitted for clearing through ClearPort.

Key facts

• CME opened a regulated futures market for UNI with standard and micro contracts.
• Standard contracts reference 10,000 UNI, while micro contracts reference 1,000 UNI.
• Both contracts settle financially against the daily CME CF Uniswap Dollar Reference Rate.
• The initial listing includes 10 contract months through March 2028.
• A market maker program can designate up to seven participants through January 31, 2027.