The Chicago Mercantile Exchange (CME) recently celebrated the one-year anniversary of XRP futures, which launched on May 19, 2025. Since their introduction, these futures have amassed a remarkable notional trading volume of approximately $63 billion as of May 15, 2026. The CME offers two types of XRP futures contracts: the standard contract sized at 50,000 XRP and a micro version at 2,500 XRP. These regulated derivatives allow traders to speculate on or hedge against future XRP prices without owning the cryptocurrency directly. As of now, 1.32 million contracts have been traded, equating to 28.6 billion XRP tokens. The CME Group has emphasized its position as a leader in open interest for XRP futures and is exploring further product developments in this space. However, the XRP cryptocurrency itself has faced challenges, losing 40% of its value over the past year, dropping from an all-time high of $3.65 to $1.37.