Coinbase Removes 29 Altcoins From Perpetuals Collateral
- —Affected tokens include AERO, ALGO, APT, ARB, ATOM, AVAX, BCH, BNB, BONK, CRV, DOT, FARTCOIN, FIL, ICP, INJ, JASMY, LTC, ONDO, PENGU, OP, PEPE, PUMP, SEI, SHIB, SUI, UNI, VET, XLM and ZORA
- —The change applies only to Coinbase International Exchange and is not a spot-market delisting
- —Tokens remain in customer ownership but contribute zero to collateral value
- —Automatic collateral liquidation may occur if a portfolio falls below its maintenance requirement
Why it matters: Traders with open perpetual positions on Coinbase International may face collateral shortfalls and need to top up or reduce exposure.
Source: Coindoo