Coinbase announced it will delist perpetual futures contracts for TRIA, NEO, and IMX, suspending trading on June 4 at approximately 13:00 UTC. Any remaining open positions in TRIA-PERP, NEO-PERP, and IMX-PERP will be automatically settled at the time of suspension, according to a statement from Coinbase Markets on X (formerly Twitter).
The exchange did not immediately disclose the rationale for delisting these three perpetual futures contracts. The move affects traders holding positions in these instruments, who will need to close or manage their exposure before the suspension deadline. Final settlement prices for the automatic liquidation have not yet been specified by the platform.
Source:x.com