Chicago-based crypto exchange Bitnomial has launched monthly futures contracts linked to the Aptos blockchain’s native token.
The product marks the first Aptos derivatives market regulated in the United States under CFTC oversight.
The futures contracts are initially available to institutional clients, with retail access expected in the coming weeks.
Contracts feature monthly expiries and can settle in US dollars or in Aptos’ native APT token.
Bitnomial president Michael Dunn said the launch allows institutions to gain APT exposure using familiar derivatives infrastructure.
A regulated futures market is a prerequisite for spot crypto ETF approval under the SEC’s generic listing standards.
Michael Dunn said.
The listing expands Bitnomial’s range of regulated altcoin futures as demand for non-Bitcoin derivatives grows.
Aptos-linked derivatives available to US traders had previously been limited to offshore products.
US-regulated crypto futures markets remain narrow beyond major assets such as Bitcoin and Ether.
Bitnomial has emerged as one of the few US venues offering exchange-native futures tied to altcoins.
The exchange previously navigated regulatory disputes before launching regulated XRP futures earlier this year.
At the time of reporting, Aptos price was $1.94.