Coinbase Delists Nine Perpetual Futures Contracts Ahead of September Deadline

Coinbase will delist nine perpetual futures contracts on September 3 at 1:00 p.m. UTC, affecting 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 aims to ensure compliance, liquidity, and market demand. Perpetual futures allow traders to speculate on an asset's price without an expiration date.

While the exact reason for each delisting was not specified, it typically occurs when a token fails to meet listing standards or experiences low trading volume. The affected contracts represent a fraction of the overall trading volume on Coinbase, and their delisting may lead to increased volatility in the tokens' prices.