Coinbase Delists 9 Perpetual Futures Contracts Amid Regulatory Scrutiny
Coinbase has announced that it will delist nine perpetual futures contracts from its derivatives platform on September 3. The move affects trading pairs tied to Espresso (ESP), DoubleZero (2Z), RedStone (RED), AEVO, Aethir (ATH), Kaspa (KAS), SKY, POPCAT, and BRETT.
The delisting is part of Coinbase's routine product review process, which ensures compliance, liquidity, and market demand for the listed contracts. While the exchange did not specify the exact reason for each delisting, it typically occurs when a token fails to meet listing standards or experiences low trading volume.
Users holding open positions in these contracts will need to close them before the deadline to avoid automatic liquidation or settlement. The delisting only affects perpetual futures contracts and does not impact spot trading for the affected tokens.