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UNI futures have reached CME. Will the new market matter to Uniswap?

UNI futures have reached CME. Will the new market matter to Uniswap?

Photo: crypto.news

CME has opened a regulated futures market for UNI, giving traders a way to take a position on the token's dollar price without moving it between wallets. Standard and micro contracts are listed, and a market maker program is meant to help traders find bids and offers. Those steps say little about whether institutions will keep using the contracts once the launch is over. They do not send trading fees to the Uniswap protocol, either. Open interest in the months ahead will say more about the market's staying power than the appearance of a new ticker.

Source: crypto.news

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