Coinbase suspended additional perpetual contracts including TRB-PERP, RARE-PERP, ORDI-PERP, STX-PERP and ENS-PERP, and states that final settlement used the average index price over the 60 minutes before trading halted.
Coinbase suspended trading in several perpetual futures contracts, including TRB-PERP, RARE-PERP, ORDI-PERP, STX-PERP and ENS-PERP, and automatically settled all open positions. According to the update, final settlement prices were based on the average index price over the 60 minutes before trading halted. The disclosed settlement prices included TRB-PERP at 18.44 USDC and ORDI-PERP at 4.663 USDC. The move adds contract-specific details to Coinbase’s broader suspension of 25 perpetual futures products.