Coinbase to Remove 10 Altcoins from its Futures Contract

cryptonews.ruPublished on 2026-08-12Last updated on 2026-08-12

Abstract

Cryptocurrency exchange Coinbase has announced the suspension of futures contracts for 10 altcoins. Trading for these contracts will be halted on August 26 at approximately 21:00 Turkish time. The affected perpetual futures contracts (PERP) are for the following assets: Memecoin ($MEME), The Sandbox ($SAND), Moonbirds (BIRD), Blur (BLUR), Katana (KAT), SPX6900 ($SPX), Zora (ZORA), Axie Infinity (AXS), Gensyn (AI), and LayerZero (ZRO). Coinbase stated that any positions remaining open at the end of the trading day will be closed automatically. The final settlement price will be based on the average index price over the 60-minute period prior to the trading halt, and the funding rate for the final period will be set to zero. The exchange noted it has recently been making consistent decisions to delist assets from its futures platform.

Cryptocurrency exchange Coinbase has announced the suspension of futures contracts for 10 cryptocurrency assets, including Memecoin ($MEME), The Sandbox ($SAND), and Moonbirds (BIRB).

According to Coinbase, trading in these futures contracts will be suspended on August 26 at approximately 21:00 Turkish time.

The contracts to be suspended and delisted are as follows:

  • Memecoin ($MEME-PERP)
  • The Sandbox ($SAND-PERP)
  • Moonbirds (BIRB-PERP)
  • Blur (BLUR-PERP)
  • Katana (KAT-PERP)
  • SPX6900 ($SPX-PERP)
  • ZORA (ZORA-PERP)
  • Axie Infinity (AXS-PERP)
  • Gensyn (AI-PERP)
  • LayerZero (ZRO-PERP)

Coinbase stated that positions remaining open by the end of the trading day will be automatically closed.

According to the exchange's statement, the final settlement price will be calculated based on the average index price over a 60-minute period prior to the trading suspension.

It was also announced that the funding rate applied during the final funding period for the respective contracts will be set to zero.

The Coinbase futures trading platform, which once pursued an aggressive listing policy, has recently been making decisions to sequentially delist its assets.

*This is not investment advice.

end-content

Related Questions

QWhich cryptocurrency exchange announced the suspension of futures contracts for 10 altcoins?

ACoinbase announced the suspension of futures contracts for 10 altcoins.

QOn what date and time will trading for the affected futures contracts be suspended on Coinbase?

ATrading for the affected futures contracts will be suspended on August 26th at approximately 21:00 Turkish Time.

QWhat will happen to positions that remain open at the end of the trading day for these contracts?

APositions that remain open at the end of the trading day will be automatically closed by Coinbase.

QHow will the final settlement price be determined for these contracts?

AThe final settlement price will be calculated based on the average of the index price over a 60-minute period before trading is suspended.

QList at least five of the ten altcoin futures contracts being delisted from Coinbase.

AFive of the ten altcoin futures contracts being delisted are: Memecoin (MEME-PERP), The Sandbox (SAND-PERP), Moonbirds (BIRB-PERP), Blur (BLUR-PERP), and Katana (CAT-PERP).

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