Coinbase will delist 10 perpetual contracts, including MEME and SAND, on August 26
- Coinbase will suspend perpetual contract trading for ten cryptocurrencies on August 26.
- The affected contracts include MEME-PERP, SAND-PERP, and others.
- All open positions will be automatically settled at the average index price prior to the suspension.
- The funding rate for the last settlement cycle will be set to zero.
- Coinbase reserves the right to adjust the final settlement price.
PANews reported on August 12 that Coinbase will suspend perpetual contract trading for Memecoin (MEME-PERP), The Sandbox (SAND-PERP), Moonbirds (BIRB-PERP), and several others at around 21:00 UTC+8 on August 26.
At that time, all open positions will be automatically settled at the average index price over the 60 minutes before the suspension, and the funding rate for the last funding rate settlement cycle will be set to zero.
Coinbase stated that it reserves the right to suspend trading at any time and adjust the final settlement price to a reasonable level.
Coinbase将于8月26日下架包括MEME和SAND在内的10个永续合约
PANews于8月12日报道，Coinbase将于8月26日21:00 UTC+8左右暂停包括Memecoin（MEME-PERP）、The Sandbox（SAND-PERP）、Moonbirds（BIRB-PERP）等在内的多个永续合约交易。
届时，所有未平仓头寸将在暂停前60分钟的平均指数价格自动结算，最后结算周期的资金费率将设为零。
Coinbase表示，保留随时暂停交易和调整最终结算价格至合理水平的权利。