The North American Derivatives Exchange, Inc. d/b/a Crypto.com | Derivatives North America (the “Exchange” or “CDNA”) has certified a swap based on the price of DOGE at a specific time and date (Dogecoin Strike Event Contract).

The Contract is a financial instrument designed to express a market view related to the price of the cryptocurrency DOGE at a defined date and time.

The Contract operates in a manner equivalent to other price and economic contracts that CDNA and other designated contract markets have certified for trading. Price bands will apply so that the Contract may only be listed at increments of at least $0.01 and at most $0.99.

The Contract has a notional value of $1 and a minimum price fluctuation of $0.01, to enable Members to match the size of the contracts purchased to their economic risks, as set by CDNA and published on its website or Trading System.

The Exchange has at least one dedicated Market Maker who is committed to providing liquidity for the Contract.

The CF Dogecoin-Dollar Spot Rate (DOGEUSD_RTI) is administered by CF Benchmarks Ltd using the IOSCO Principles for Financial Benchmarks and is disseminated on a one-second frequency. CF Benchmarks requires its constituent exchanges to maintain fair and transparent market conditions designed to impede manipulative trading practices, to comply with applicable law and regulation, to deliver transparent and consistent trade data, and to cooperate with inquiries and investigations.

The Exchange will have at least one dedicated Market Maker who will quote a two-sided market pursuant to the terms of its Market Maker Agreement and subject to the rules of the Exchange. Non-Market Maker Trading Members will have a Position Limit of 2,500,000 Contracts. In order to provide sufficient liquidity, Market Makers will be subject to Alternative Position Limits.

During the Contract trading hours, Members are able to adjust their positions and trade freely. After trading of the Contract has closed, CDNA will determine the Expiration Value and whether the Payment Criteria encompasses the Expiration Value (i.e., whether the market outcome is satisfied or not satisfied). The market is then settled by CDNA, and either the long position holders or the short position holders are paid the Settlement Value. In this case, “long position holders” refers to Members who purchased the Contract and “short position holders” refers to Members who sold the Contract.

If the Expiration Value is satisfied, then the long position holders are paid an absolute amount proportional to the size of their position and the short position holders receive no payment. If the Expiration Value is not satisfied, then the short position holders are paid an absolute amount proportional to the size of their position and the long position holders receive no payment.

In accordance with §40.2(a)(2) of the Commission’s Regulations, the Exchange intends to list the Dogecoin Strike Event Contract for trading on or after the trade date November 14, 2026.