Micro Ether (MET) Futures Are Live: Smaller Size, Precise ETH Exposure
What is Micro Ether?
Micro Ether (MET) is a CME-listed futures contract sized at 0.1 ether, designed to give traders a smaller, more precise way to manage Ethereum price risk in a regulated marketplace with USD cash settlement to a transparent benchmark rate. The micro size helps align notional exposure with strategy needs without overcommitting capital per contract.
Why MET matters
Precision sizing: 1/10 of one ETH per contract enables granular scaling in and out, tighter risk control, and more tailored position sizing for systematic and discretionary strategies.
Regulated and cash-settled: Listed at CME with centralized price discovery and USD cash settlement to a robust reference rate methodology, avoiding custody and transfer risks of spot crypto.
Portfolio flexibility: Pairs well with other CME crypto futures and options for directional trades, basis, hedging long ETH holdings, and potential cross-product margin efficiencies where applicable.
Core contract details
Contract size: 0.1 ether per contract for accessible notional and precise risk units.
Settlement: USD cash-settled to the CME CF Ether-Dollar Reference Rate, designed to reflect a transparent, standardized view of ETH-USD.
Venue and symbol: Traded on CME, electronic symbol MET, with deepening liquidity and standardized contract months for straightforward roll management.
Use cases and strategies
Incremental hedging for ETH holders: Reduce downside risk during event-driven volatility while maintaining longer-term on-chain positioning.
Tactical day trading exposure: Express short-term views around macro prints, protocol milestones, or liquidity cycles with smaller increment risk.
Basis and spread trading: Explore calendar spreads or crypto cross-asset structures where relative value and carry dynamics are in focus.
Systematic scaling: Calibrate grid, trend, or vol breakout systems with finer granularity to stabilize per-trade risk and drawdown profiles.
Trading MET with Ironbeam
Low day-trade margins*: Competitive $50 day margins help active traders deploy capital efficiently while maintaining risk controls.
Trade anywhere: Professional-grade platform on desktop and mobile, with fast order entry, risk monitoring, and account management.
Full depth at no extra cost: Real-time CME Level 2 market depth on the Ironbeam platform helps visualize liquidity and improve execution decisions.
Practical considerations
Tick and P&L math: The micro size reduces P&L per tick, which can smooth equity swings and enable more consistent position sizing across market regimes.
Volatility and leverage: ETH volatility remains meaningful; pair smaller contract size with disciplined leverage, clear stop methodology, and scenario testing.
Rolling and carry: Standardized expirations simplify roll calendars; monitor basis behavior, especially around major events and liquidity shifts.
Start Trading Smarter.
Open a new Ironbeam account to trade Micro Ether futures on a regulated exchange with professional tools, responsive support, and flexible access across devices. Existing clients can log in to add MET to their product list and begin trading today.
RISK DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options. Past performance is not necessarily indicative of future results. Only risk capital should be used. Losses from commodity investments may be greater than the initial investment(s). Commodity trading is not appropriate for all investors, and a commodity investment must be evaluated in light of the potential for risk of loss as well as the possibility of profit.
MARGIN DISCLAIMER: Margins can change at any time, and without any prior notice.