Coinbase will suspend trading of 10 perpetual contracts, including MEME, SAND, and BIRB.

TechFlow reports, on August 12, Coinbase will suspend trading of the following perpetual contracts around 21:00 on August 26: 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) and LayerZero (ZRO-PERP).

At that time, remaining open positions will be automatically settled, the final settlement price will be the average index price 60 minutes before trading suspension, and the funding rate for the last funding rate period will be set to zero.