Crypto.com's North American derivatives exchange, Nadex, has introduced derivatives contracts linked to memecoins like PEPE and FLOKI, as per filings with the CFTC on Oct. 7. Nadex has also included derivatives products related to Dogelon Mars (ELON) and BONK. The total market capitalization of these memecoins is close to $7 billion. These contracts complement Nadex's existing range of cryptocurrency derivatives, including those tied to Bitcoin and Ether. The touch bracket contracts offered by Nadex are hedging tools that pay out if a token's price reaches a predetermined level before the contract ends. Crypto derivatives are increasingly available on regulated US exchanges, with Nasdaq awaiting approval to list options linked to BlackRock's BTC ETF. Nadex continues to expand its cryptocurrency derivative offerings to meet market demand. Derivatives exchanges like Nadex self-certify products for compliance with regulations, without needing explicit regulatory approval before listing. Read more AI-generated news on: https://app.chaingpt.org/news

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