Odaily News NFT perpetual contract trading platform nftperp announced on X Platform that it will focus on the Blast blockchain in the future. As part of this strategy, it will close the Arbitrum market. Starting today, Arbitrum traders are encouraged to adjust their positions accordingly. The initial margin requirement for new positions will be increased to 50% (2x leverage) before market settlement. To ensure a smooth transition, all open positions on Arbitrum will be automatically settled on Monday, June 3, using the tracking index price for the past 7 days. nftperp reminds users to complete their transactions before this date so that they can manage their positions as needed.