ICE’s CoinDesk crypto futures are live, with DeFi rate contracts next on the list

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email ICE’s CoinDesk crypto futures are live, with DeFi rate contracts next on the list The NYSE owner’s CoinDesk index futures began trading Monday. Attention now shifts to planned USDC rate futures tied to onchain borrowing costs. By Shaurya Malwa Updated Feb 11, 2026, 4:52 a.m. Published Feb 11, 2026, 4:15 a.m. Make us preferred on Google What to know : Intercontinental Exchange has begun trading cash-settled cryptocurrency futures tied to seven CoinDesk indices, including broad-market and single-asset contracts for bitcoin, ether, solana, XRP and BNB. The new futures are dollar-settled and aimed at institutions seeking crypto price exposure without the operational and custody challenges of holding tokens directly. ICE plans to introduce One Month CoinDesk Overnight Rates USDC futures, pending regulatory review, to bring decentralized finance-style onchain interest rates into regulated markets and expand crypto’s role as a funding and credit market. HONG KONG — Intercontinental Exchange, the owner of the New York Stock Exchange, began trading a new set of cryptocurrency futures tied to CoinDesk benchmarks earlier this week with plans to bring onchain interest rates into regulated markets next. The contracts went live on Monday after being announced Jan. 9, ICE said, offering cash-settled, U.S. dollar denominated futures linked to seven CoinDesk indices. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . That includes broad-market products tied to the CoinDesk 20 and CoinDesk 5 indices, alongside single-asset futures tracking bitcoin, ether, solana, XRP and BNB. Because they settle in dollars rather than delivering tokens, the products are aimed at institutions that want price exposure without the operational and custody friction of spot crypto. Up next is ICE’s stated plan to list One Month CoinDesk Overnight Rates USDC futures, subject to regulatory review, the companies said in a press release. These products are designed to reflect the annualized effective interest rate paid by borrowers in decentralized finance markets, a crypto-native analogue to the way traditional markets trade expectations around overnight benchmarks such as SOFR — which serves as a reference interest rate that helps financial experts price loans and other dollar-based financial products. Such rates products shift the conversation toward crypto as a funding and credit market, where traders can express views on borrowing costs and liquidity conditions rather than only whether bitcoin goes up or down. ICE also pointed to the scale already built around CoinDesk indices, saying tens of billions of dollars are tied to the benchmarks. The CoinDesk 20, ICE said, is designed to represent most of the digital asset market through a capped market-cap weighted methodology. Consensus Hong Kong 2026 More For You Tom Lee says stop timing the bottom and start buying the dip By Krisztian Sandor | Edited by Jamie Crawley , Aoyon Ashraf 1 hour ago Thomas Lee, speaking on stage at Hong Kong Consensus 2026, said investors should be looking at opportunities as crypto is in the midst of a "mini winter." What to know : Fundstrat's Thomas Lee urged investors to view the sell-off as a buying opportunity, arguing that gold has likely peaked for the year and that bitcoin and ether are poised to outperform Lee sees ether possibly needing a brief dip below $1,800 before a sustained recovery. Bitcoin fell back below $67,000 on Wednesday, extending a pullback from last week's rebound and marking a roughly 50 percent drawdown from its October record highs. Read full story Latest Crypto News Tokenization still at start of hype cycle, but needs more use cases, specialists say 9 minutes ago Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says 51 minutes ago Arkham Intelligence said to be shutting crypto trading platform as usage fails to sparkle 1 hour ago Tom Lee says stop timing the bottom and start buying the dip 1 hour ago MrBeast's finance bet could become the new generation's Schwab, Robinhood, Tom Lee says 1 hour ago Binance teams up with Franklin Templeton to use tokenized money market funds as off-exchange collateral 2 hours ago Top Stories Crypto's banker adversaries didn't want to deal in latest White House meeting on bill 11 hours ago SkyBridge's Scaramucci is buying the bitcoin dip, calls Trump a crypto president 7 hours ago Hong Kong working to allow perpetual contracts, chief regulator says 5 hours ago Citadel Securities backs LayerZero as it unveils ‘Zero’ blockchain for global markets 13 hours ago Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama 10 hours ago Crypto exchange Kraken fires chief financial officer ahead of long-awaited IPO 18 hours ago