Coinbase to Suspend OMNI Perpetual Contracts Trading

Coinbase Markets will halt trading of Omni Network (OMNI) perpetual contracts on October 21, 2025, at 6:30 PM Beijing Time, with settlements based on a prior 60-minute average price.

This suspension affects OMNI derivatives, potentially influencing liquidity and trading dynamics, amid broader token restructurings, including Upbit’s OMNI to NOM transition. Market reactions remain subdued.

Coinbase to Suspend Omni Contracts Amid Liquidity Concerns

Coinbase Markets has announced the suspension of Omni Network (OMNI) perpetual contracts. The suspension will occur on October 21, 2025, at 6:30 PM (Beijing Time). Settlements will leverage a 60-minute average price before suspension. Coinbase’s markets and derivatives team communicated specifics through the Coinbase Advanced Trade and Derivatives portal. All open positions will be automatically settled. Coinbase retains the right to adjust the final settlement price, which could prompt adjustments in market dynamics for OMNI-related assets.

Market response has been cautious. No notable reactions from top leaders at Coinbase or Omni Network have been shared publicly. As of October 15, 2025, neither company executives nor regulatory bodies have issued statements on the contract suspension.

Did you know? Coinbase has implemented similar contract suspensions due to token restructuring events, aligning market operations with risk management strategies.

Exploring Financial Implications and Strategy Shifts

Did you know? Insert a historical or comparative fact related to this topic.

In the cryptocurrency market, Omni Network (OMNI) is currently valued at $2.61, with no standing market cap. The last 24-hour trading volume was reported at $7,446,792.99, marking a 54.24% change. The token has experienced price decreases over various periods, with a notable 22.74% drop over the last 30 days. This financial data is sourced from CoinMarketCap.

The Coincu research team suggests that this suspension could prompt exploration of regulatory considerations and market strategy adjustments. One potential consequence is the need to reassess existing strategies amid evolving regulations. Notably, “Capitalize on any market direction and hold positions without expiration dates using perpetual contracts. Command the market from an integrated, easy-to-use interface designed for speed and clarity.” — Coinbase Advanced Trade Product Documentation