Coinbase has announced the suspension of nine perpetual contracts, including EDGE-PERP and PROMPT-PERP, effective from 21:00 Beijing time on February 20th. This decision affects Coinbase Advanced and Coinbase International Exchange platforms. The move is part of Coinbase's strategy to maintain a high-quality derivatives market by focusing on products with strong liquidity and market standards.
The suspension aims to enhance price integrity and provide users with improved liquidity and trading experiences. By streamlining its product offerings, Coinbase plans to concentrate on markets most utilized by clients and expedite the introduction of new high-quality derivatives. The platform intends to simplify internal processes and employ advanced evaluation frameworks to accelerate the launch of new perpetual contracts in the coming months.
Coinbase to Suspend Nine Perpetual Contracts Including EDGE-PERP
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