CME Group has just launched a new feature that many futures traders might find interesting. For futures contracts on SOL, Micro SOL, XRP, and Micro XRP, they have introduced a Settlement Price Trading (TAS) mechanism.

In simple terms, this tool allows market participants to better manage settlement risk. For futures traders, risk control during the settlement phase has always been a pain point—especially during periods of high volatility, when sudden price jumps can disrupt the entire risk management plan. The introduction of the TAS mechanism provides traders with a more flexible option, enabling more precise hedging and position management during the settlement stage.

This also reflects the increasing importance that traditional futures exchanges are placing on the crypto asset derivatives market. As top-market-cap coins, SOL and XRP already have high trading demand. With more comprehensive tools now available, it could further attract institutional and professional traders to participate.