Major Update: Coinbase to Delist 25 Perpetual Contracts Amid Platform Optimization

Big Move: 25 Perpetual Contracts to Be Suspended on Coinbase

In a recent update, leading crypto exchange Coinbase announced it will halt trading on 25 perpetual contracts around 13:00 UTC on March 16, 2024, affecting both Coinbase Advanced and its International Exchange platform.

The affected contracts include MET-PERP, REZ-PERP, BABY-PERP, SUPER-PERP, SUSHI-PERP, GMX-PERP, and several other emerging asset derivatives. The move is part of a broader strategy to refine platform efficiency, improve risk management, and align with evolving market standards.

What Traders Should Do Now

• Trading and position opening will be disabled at the specified time;
• Open positions must be closed manually before suspension to avoid forced liquidation;
• Funds can be moved to alternative trading pairs or withdrawn securely;
• Stay tuned for future launches of new, high-demand perpetuals.

This shift signals a maturing crypto derivatives market, where exchanges prioritize stability and compliance over volume expansion. While some pairs are being retired, users can expect more robust offerings in the near future.