Coinbase announced that trading in Omni Network perpetual futures contracts will be suspended at approximately 10:30 AM UTC on October 21, 2025. Trading in OMNI-PERP on Coinbase Advanced and Coinbase International Exchange platforms will also be suspended. The final settlement price will be calculated based on the average index price for the 60 minutes prior to the suspension. The funding rate for the last funding period before final settlement will be set to zero, and any remaining open positions will be automatically settled at the time of the suspension. Coinbase reserves the right to suspend trading at any time and adjust the final settlement price to a reasonable level.