Trading for the following perpetual futures will be suspended on Coinbase on May 21 on or around 13:00 UTC.
KAITO-PERP
SENT-PERP
SAHARA-PERP
CAKE-PERP
TOSHI-PERP
AKT-PERP
VET-PERP
ANIME-PERP
THETA-PERP
ZK-PERP
KERNEL-PERP
BARD-PERP
Any remaining open positions will be settled automatically at the time of suspension.
The final settlement price will be calculated as the average index price over the 60 minutes prior to the trading suspension. The funding rate will be set to zero for the final funding period before final settlement.
Coinbase reserves the right to suspend trading at any point and adjust the final settlement price to a reasonable level.
These suspensions reflect our ongoing effort to maintain high-quality derivatives markets by focusing on products that consistently meet our liquidity and market-quality standards. By maintaining these standards, we ensure our listings maintain price integrity, and provide users with deeper liquidity and better trading experiences.