Coinbase will suspend trading of 25 perpetual contracts including MET, REZ, and BABY on March 16

According to Coinbase Markets, Coinbase will suspend trading of 25 perpetual contracts on the Coinbase Advanced and Coinbase International Exchange platforms around 13:00 UTC on March 16, including MET-PERP, REZ-PERP, BABY-PERP, SUPER-PERP, SUSHI-PERP, GMX-PERP, ERA-PERP, XAN-PERP, VINE-PERP, T-PERP, YB-PERP, WCT-PERP, HOME-PERP, NOT-PERP, MINA-PERP, CATI-PERP, DOGS-PERP, COW-PERP, GRT-PERP, DRIFT-PERP, COOKIE-PERP, ARKM-PERP, B3-PERP, SXT-PERP, and BB-PERP.

The announcement states that at the time of suspension, all remaining open positions will be automatically settled. The final settlement price will be calculated based on the average index price over the 60 minutes prior to the trading suspension, and the funding rate for the last funding rate period will be set to zero.