PANews reported on January 10 that according to the announcement of Coinbase International Exchange, FTM-PERP trading will be suspended on Coinbase International and Coinbase Advanced platforms at around 18:30 (Beijing time) on January 24, 2025. The last funding rate before the suspension will be set to zero, and the final settlement price will be calculated based on the average index price 60 minutes before the trading suspension.

All open positions will be automatically settled when trading is suspended. Coinbase reserves the right to suspend trading at any time and adjust the final settlement price to a reasonable level. Users need to manage their funds and positions in advance to cope with the impact of trading suspension.