Coinbase will suspend perpetual contract trading for 10 tokens including MEME on August 26

According to news, Coinbase will suspend the following perpetual contract transactions 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, the remaining open positions will be automatically settled. The final settlement price will be the average index price 60 minutes before the transaction was suspended, and the rate for the last funding rate cycle will be set to zero.