Nano Bitcoin - COINBASE DERIVATIVES, LLC                             Code-133LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(1/100 X Bitcoin = $300)                             OPEN INTEREST:       94,018
COMMITMENTS
  90,623   92,838      392        0        0   91,015   93,230    3,003      788

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:     39,095)
  39,706   39,453     -401        0        0   39,305   39,052     -210       43

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    96.4     98.7      0.4      0.0      0.0     96.8     99.2      3.2      0.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      194)
     147       47        2        0        0      148       48                  
 
 
NANO BITCOIN PERP STYLE - COINBASE DERIVATIVES, LLC                  Code-133LM4
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(1/100 X Bitcoin)                                    OPEN INTEREST:      101,538
COMMITMENTS
  90,580   98,779        0        0        0   90,580   98,779   10,958    2,759

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:     -6,924)
  -7,639   -6,933        0        0        0   -7,639   -6,933      715        9

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    89.2     97.3      0.0      0.0      0.0     89.2     97.3     10.8      2.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      683)
     496      187        0        0        0      496      187                  
 
 
NANO ETHER - COINBASE DERIVATIVES, LLC                               Code-146LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(0.1 Ether or 1/10 X$2,000 = $200)                   OPEN INTEREST:      116,695
COMMITMENTS
 114,048  116,106       11        0        0  114,059  116,117    2,636      578

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:     17,482)
  17,524   17,647       -4        0        0   17,520   17,643      -38     -161

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    97.7     99.5      0.0      0.0      0.0     97.7     99.5      2.3      0.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      231)
     182       49        2        0        0      182       51                  
 
 
NANO ETHER PERP STYLE - COINBASE DERIVATIVES, LLC                    Code-146LM3
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(1/10 X Ether)                                       OPEN INTEREST:      176,765
COMMITMENTS
 166,608  175,151        0        0        0  166,608  175,151   10,157    1,614

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:     13,216)
  13,057   13,540        0        0        0   13,057   13,540      159     -324

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    94.3     99.1      0.0      0.0      0.0     94.3     99.1      5.7      0.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      804)
     635      169        0        0        0      635      169                  
 
 
DOGECOIN - COINBASE DERIVATIVES, LLC                                 Code-168DC1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(5,000 Dogecoin X $0.12 = Contract $600)             OPEN INTEREST:        4,134
COMMITMENTS
   3,344    3,923       91        0        0    3,435    4,014      699      120

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:      2,623)
   2,512    2,483       91        0        0    2,603    2,574       20       49

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    80.9     94.9      2.2      0.0      0.0     83.1     97.1     16.9      2.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       23)
      17        6        1        0        0       17        7                  
 
 
POLKADOT - COINBASE DERIVATIVES, LLC                                 Code-169LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(100 Polkadot x 6 = $600)                            OPEN INTEREST:        1,110
COMMITMENTS
     816      988        0        0        0      816      988      294      122

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:        304)
     257      258        0        0        0      257      258       47       46

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    73.5     89.0      0.0      0.0      0.0     73.5     89.0     26.5     11.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       31)
      13       18        0        0        0       13       18                  
 
 
CHAINLINK - COINBASE DERIVATIVES, LLC                                Code-170LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(50 Chainlink x $15 = $750)                          OPEN INTEREST:        2,567
COMMITMENTS
   1,885    2,405        0        0        0    1,885    2,405      682      162

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:        -82)
      47     -126        0        0        0       47     -126     -129       44

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    73.4     93.7      0.0      0.0      0.0     73.4     93.7     26.6      6.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
      28        6        0        0        0       28        6                  
 
 
AVALANCHE - COINBASE DERIVATIVES, LLC                                Code-171LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(10 Avalanche x $30 = $300)                          OPEN INTEREST:        3,431
COMMITMENTS
   2,934    3,358       22        0        0    2,956    3,380      475       51

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:       -562)
    -536     -527       22        0        0     -514     -505      -48      -57

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    85.5     97.9      0.6      0.0      0.0     86.2     98.5     13.8      1.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       47)
      36       11        1        0        0       37       11                  
 
 
CARDONA - COINBASE DERIVATIVES, LLC                                  Code-174LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(1,000 Cardano)                                      OPEN INTEREST:        2,148
COMMITMENTS
   1,415    2,021       10        0        0    1,425    2,031      723      117

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:       -258)
    -125     -303       10        0        0     -115     -293     -143       35

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    65.9     94.1      0.5      0.0      0.0     66.3     94.6     33.7      5.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
      22        3        1        0        0       23        3                  
 
 
NANO XRP - COINBASE DERIVATIVES, LLC                                 Code-176LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(500 XRP x $2.00 = $1000)                            OPEN INTEREST:       42,932
COMMITMENTS
  41,612   42,623        0        0        0   41,612   42,623    1,320      309

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:      5,747)
   5,969    5,632        0        0        0    5,969    5,632     -222      115

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    96.9     99.3      0.0      0.0      0.0     96.9     99.3      3.1      0.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       63)
      44       19        0        0        0       44       19                  
 
 
NANO XRP PERP STYLE - COINBASE DERIVATIVES, LLC                      Code-176LM3
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(500 XRP x $2.00 = $1000)                            OPEN INTEREST:       28,358
COMMITMENTS
  24,327   27,542        0        0        0   24,327   27,542    4,031      816

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:      8,186)
   8,369    7,910        0        0        0    8,369    7,910     -183      276

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    85.8     97.1      0.0      0.0      0.0     85.8     97.1     14.2      2.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      152)
     115       37        0        0        0      115       37                  
 
 
NANO SOLANA - COINBASE DERIVATIVES, LLC                              Code-177LM1
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(5 Solana x $250 = $1250)                            OPEN INTEREST:       21,036
COMMITMENTS
  19,061   20,322      355        0        0   19,416   20,677    1,620      359

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:      2,360)
   2,063    2,065      332        0        0    2,395    2,397      -35      -37

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    90.6     96.6      1.7      0.0      0.0     92.3     98.3      7.7      1.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       70)
      50       20        3        0        0       51       22                  
 
 
NANO SOLANA PERP STYLE - COINBASE DERIVATIVES, LLC                   Code-177LM3
OPTION AND FUTURES COMBINED POSITIONS AS OF 11/25/25          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(5 Solana x $180 = $900)                             OPEN INTEREST:       31,833
COMMITMENTS
  26,070   31,093        0        0        0   26,070   31,093    5,763      740

CHANGES FROM 11/18/25 (CHANGE IN OPEN INTEREST:      1,036)
     879    1,307        0        0        0      879    1,307      157     -271

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER 
    81.9     97.7      0.0      0.0      0.0     81.9     97.7     18.1      2.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      286)
     244       42        0        0        0      244       42                  



Updated December 15, 2025