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Coinbase to Suspend 25 Perps Futures Markets

The crypto exchange will pare back perpetual offerings on February 20.
Coinbase to Suspend 25 Perps Futures Markets
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Crypto exchange Coinbase Coinbase will suspend access to 25 perpetual futures markets for Advanced and International Exchange customers, on February 20 sometime around 13:00 UTC.

What's the Scoop?

  • Suspended Markets: Coinbase will suspend 25 perpetuals futures markets for long-tail crypto assets on February 20. The change will impact a number of notable tokens, including DEGEN, SYRUP, and GRASS.
  • Streamlined Offerings: According to Coinbase, the suspensions reflect an effort to "maintain high-quality derivatives markets." Over the coming months, Coinbase says it will work to increase new derivative listing speeds to bring new perpetual futures to market faster.

Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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