The suspension will occur around 13:00 UTC on Coinbase Advanced and Coinbase International Exchange, affecting key contracts such as MET-PERP and SUSHI-PERP.
Coinbase stated it will suspend trading for 25 perpetual contracts, including MET-PERP, SUSHI-PERP, GMX-PERP, and GRT-PERP, around 13:00 UTC on March 16. The measure applies to both Coinbase Advanced and Coinbase International Exchange platforms, which cater to professional traders. Perpetual contracts (derivative instruments allowing continuous positions without expiry) are popular among crypto traders. Such suspensions typically aim to ensure orderly market operations during technical or operational adjustments.