Coinbase to suspend trading of 25 perpetual contracts on March 16

Coinbase will halt trading in 25 perpetual contracts on Coinbase Advanced and Coinbase International Exchange at approximately 13:00 UTC on March 16, Coinbase Markets said. The affected instruments include METPERP, REZPERP, BABYPERP, SUPERPERP, SUSHIPERP, GMXPERP, ERAPERP, XANPERP, VINEPERP, TPERP, YBPERP, WCTPERP, HOMEPERP, NOTPERP, MINAPERP, CATIPERP, DOGSPERP, COWPERP, GRTPERP, DRIFTPERP, COOKIEPERP, ARKMPERP, B3PERP, SXTPERP and BBPERP. All remaining open positions will be automatically settled at the suspension time, with the final settlement price based on the average index price over the preceding 60 minutes and the funding rate for the last funding period set to zero.