How Does the Size of the CME Contract Compare to the Typical Size of an Unregulated Crypto Futures Contract?

CME contracts are generally much larger (e.g. 5 Bitcoin per contract for the standard size) and are designed for institutional investors.

Unregulated crypto futures exchanges often offer much smaller contract sizes, sometimes as low as a fraction of a Bitcoin, catering to retail traders. The larger size of regulated contracts contributes to higher barriers to entry.