Exchanges· ★★· neutral·

KuCoin Futures to Delist STGUSDT Perpetual Contract on October 10

  • —New positions in STGUSDT will be suspended at 6:50 UTC on October 10
  • —The perpetual contract will be delisted at 7:00 UTC the same day
  • —Positions will settle at the average index price over the last 30 minutes
  • —KuCoin introduced a 180-second transition to a new mark price formula
Why it matters: STGUSDT traders should close positions early to avoid forced settlement at the average index price.
Source: Bitcoin Insider