CRYPTO EXCHANGE EXPANDS DERIVATIVES OFFERING TO MEME COIN, HIGHLIGHTING RISKS AND OPPORTUNITIES
Gemini has introduced perpetual futures contracts for Dogecoin and other meme-coins, allowing traders in select jurisdictions to take long or short positions with up to 100× leverage. The move underscores the growing institutionalisation of meme-asset derivatives—but also raises caution about regulatory oversight and investor risk in high-leverage trading.
Crypto exchange Gemini has added new perpetual contracts for Dogecoin (DOGE) and a range of other meme-coins, enabling traders in eligible regions to use up to 100× leverage.
According to the company’s blog, these derivatives are denominated in USDC (or Gemini’s stable-coin) and support cross-collateral funding, meaning users can borrow against existing positions in their portfolios.
The inclusion of Dogecoin-based perpetuals follows a broader trend where once fringe assets are becoming part of the mainstream derivatives market. Gemini’s announcement cites “no monthly expiry” contracts for meme-coin exposure as a key draw.
However, the offering is subject to geographical restrictions and is currently available in non-U.S. jurisdictions via Gemini’s derivatives platform.
Industry analysts say that while high leverage can amplify profits, it also magnifies losses and risk of liquidation. Products offering 100× leverage are typically intended for experienced traders rather than retail novices.
Regulatory observers warn that the rapid adoption of meme-coin derivatives may challenge existing oversight frameworks, as pricing runaway volatility could expose firms and clients alike to unexpected losses.
Gemini’s move signals its ambition to expand beyond spot trading into more advanced financial products—even as it navigates jurisdictional licensing and compliance demands.
For traders interested in Dogecoin and meme-coin derivatives, this development opens new strategic possibilities. But financial advisors emphasise that leverage is a double-edged sword and encourage prudent risk management.
