The launch expands Aptos’ reach in CFTC-regulated derivatives markets and adds to Bitnomial’s altcoin futures offerings as investor interest in altcoins grows.
Chicago-based crypto exchange Bitnomial has launched monthly futures contracts tied to the Layer-1 blockchain Aptos’ native token, expanding the availability of APT derivatives on regulated US markets.
The contracts will be available to institutional clients through Bitnomial’s clearing members, with retail access expected in the coming weeks via the company’s Botanical platform.
According to an announcement shared with Cointelegraph, the contracts feature monthly expirations and settle in either US dollars or Aptos’ native APT (APT) token, depending on the position. Monthly futures are standardized derivatives that allow traders to gain price exposure over a defined period without holding the underlying asset.
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