Coinbase Cuts 25 Perpetual Futures as It Streamlines Derivatives Lineup
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Coinbase (CEX) suspended trading and automatically settled 25 perpetual futures contracts, publishing final settlement prices. Affected perpetuals include TRB, RARE, NEIRO, XTZ, RAY, STX, ENS, SNX, ORDI, EGLD, BIGTIME and others as part of a derivatives lineup cleanup. Move aims to streamline derivatives and improve liquidity but reduces available perpetuals on the exchange, concentrating depth on core products (crypto, perpetual futures, derivatives, settlement).
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- Coinbase suspended trading for 25 perpetual futures contracts and automatically settled any remaining open positions.
- The affected contracts included TRB, RARE, NEIRO, A, ME, XTZ, KMNO, CLANKER, SOPH, and BIGTIME, among many more.
- Coinbase said the move is part of a wider effort to streamline its perpetual futures lineup and improve liquidity.
Coinbase has suspended trading for multiple perpetual futures contracts and automatically settled all remaining open positions, marking a fresh cleanup of its derivatives lineup. According to a post highlighted by Wu Blockchain, the suspended contracts included TRB, RARE, NEIRO, A, ME, XTZ, KMNO, RAY, STX, ENS, GMT, SNX, 1000FLOKI, 0G, ORDI, NIL, BIO, UMA, BEAM, INIT, SOMI, EGLD, CLANKER, SOPH, and BIGTIME.
Coinbase Markets later confirmed the suspension and published the final settlement prices for each contract. The exchang…
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