CME Group, a major marketplace in derivatives trading for institutions, highlights milestones from the recently concluded Q3, 2025, which included a $23 billion record milestone for XRP.
Q3, 2025 witnessed a surge in demand for regulated crypto exposure, with XRP futures reaching all-time highs, reflecting increasing institutional and retail interest in other cryptocurrencies apart from Bitcoin and Ethereum.
What's driving the surge in institutional crypto engagement? 📈
— CME Group (@CMEGroup) October 14, 2025
Q3 saw unprecedented volume, record large open interest holders (1,015) and the launch of new options on Solana and XRP futures. 💥
Read the full report ➡️ https://t.co/5KZkUc9W4g pic.twitter.com/LeaizB1aG2
Since its launch in May, the XRP and Micro XRP futures suite has traded 476,000 contracts, equating to over $23.7 billion in notional value. Open Interest (OI) reached $1.4 billion in September and set a new LOIH record of 29 for XRP futures.
Options trading went live on XRP Futures on Oct. 13, both in larger- and micro-sized contracts. According to CME Group, this marks the only CFTC-approved XRP options in the U.S., providing a trusted platform for capital-efficient trading.
CME Group is planning to launch 24/7 trading for its cryptocurrency futures and options beginning in early 2026.
XRP Ledger news
In recent news, Ripple and Immunefi are collaborating to launch a $200,000 Attackathon to secure the proposed XRPL Lending Protocol as part of the institutional DeFi roadmap. The most significant near-term milestone is the launch of XRPL’s native lending protocol, scheduled for release in XRPL Version 3.0.0 later this year.
The XRPL Lending Protocol introduces fixed-term, uncollateralized loans directly on the XRP Ledger. This protocol, defined in the XLS-65/66 specifications, introduces pooled lending and underwritten credit directly at the ledger level.
Confidential Multi-Purpose Tokens (MPTs), the first application of zero-knowledge proofs (ZKPs) on the XRP Ledger, is scheduled for launch in Q1, 2026.
