**Crypto.com’s Nadex Lists Memecoin Derivatives**

Crypto.com’s North American derivatives exchange, Nadex, has introduced derivatives contracts tied to popular memecoins like PEPE and FLOKI, as per Oct. 7 filings with the U.S. Commodity Futures Trading Commission (CFTC). Nadex also listed derivatives for Dogelon Mars (ELON) and BONK.

- **Market Cap**: The combined market cap for these memecoins is nearly $7 billion.

- **Product Suite**: These new contracts join Nadex’s existing offerings, which include Bitcoin (BTC) and Ether (ETH) derivatives.

- **Touch Bracket Contracts**: These are designed to pay out if a token’s spot price hits a pre-set ceiling or floor before the contract expires, minimizing manipulation risks.

- **Regulatory Landscape**: Crypto derivatives are gaining traction on regulated U.S. exchanges like the Chicago Mercantile Exchange (CME). The SEC recently authorized Nasdaq to list options tied to BlackRock's BTC ETF, pending final approvals.

- **Trading Volumes**: Nadex reported over 28 million contracts traded for BTC, ETH, and Litecoin (LTC) in 2023.

Nadex continues to expand its crypto derivative offerings to meet growing public demand for diverse, regulated products.