Coinbase Markets has announced the suspension of 25 perpetual contracts on Coinbase Advanced and Coinbase International Exchange, effective March 16 at approximately 13:00 UTC. The affected contracts include MET-PERP, REZ-PERP, SUSHI-PERP, GMX-PERP, GRT-PERP, and ARKM-PERP. All open positions will be automatically settled at the time of suspension.
Coinbase stated that this decision aims to optimize the structure of its perpetual contract offerings by focusing on products that meet liquidity and market quality standards. The move is also intended to enhance the efficiency of launching new products in the future.
Coinbase to Suspend 25 Perpetual Contracts on March 16
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