Nadex Seeks CFTC Self-Certification for Shiba Inu Event Contract

Nadex has self-certified a Shiba Inu price-linked event contract with the US Commodity Futures Trading Commission, according to Blockonomi. The proposed product settles in cash and pays $1 to the winning side, with the SHIB price serving as the underlying reference for its outcome. Launch timing remains unsettled. A Nadex notice cites November 13 or later for listing, while the exchange’s CFTC filing gives November 14 or later. Neither document confirms that trading has begun, so the dates indicate the earliest stated availability windows rather than an operational launch. Blockonomi is the only outlet included in the supplied coverage, and no independent outlet corroboration was provided. Its account also provides the two differing listing dates, while the reported cash settlement and $1 winning-side payment establish the basic contract structure. Market conditions were weak when the brief was prepared: SHIB traded at $0.00000376, down 11.27% over 24 hours and 15.42% over seven days, with a $2.22 billion market capitalization. The broader crypto market was broadly lower, with a $2.23 trillion total capitalization, Bitcoin down 5.82%, and the Fear & Greed index at 13, or Extreme Fear. DeFiLlama separately listed the circulating supply of CASH at $133.15 million. The development matters because it would place a CFTC-self-certified, cash-settled instrument alongside the underlying token, although the confirmed launch date and final trading terms are not yet established. With SHIB already showing substantial short-term weakness, attention should remain on whether the contract becomes operational and how its stated availability windows are resolved.