Coinbase Futures is delisting futures contracts for AIXBT, KAIO, PEOPLE, and ZEN, removing derivatives trading access for these four tokens on the platform.
The exchange’s markets division announced the delisting through its official channels. The move affects futures products specifically, not necessarily spot trading pairs for these assets on the Coinbase platform. For related coverage, see Gondor v1 to Enable Borrowing Against Entire Polymarket Portfolios.
Which Assets Are Affected
The four tokens named in the delisting are AIXBT, KAIO, PEOPLE, and ZEN. Each had futures contracts available through Coinbase’s derivatives arm, which offers regulated futures products to eligible traders. For related coverage, see Korean Officials Meet With SEC to Discuss Crypto Regulations.
AIXBT and KAIO are relatively newer tokens tied to AI-adjacent crypto projects. PEOPLE is the token associated with ConstitutionDAO, and ZEN is the native token of Horizen, a blockchain privacy platform. For related coverage, see Bank of Thailand Flags Abnormal Stablecoin Trades Amid Grey Economy Crackdown.
The delisting concerns derivatives access on Coinbase Futures only. Traders holding positions in these contracts should review the exchange’s official market notices for specific timelines, settlement procedures, and any required position management steps.
TLDR: Key Points
- Coinbase Futures is delisting contracts for AIXBT, KAIO, PEOPLE, and ZEN.
- The action applies to futures/derivatives products, not necessarily spot markets.
- Traders should check Coinbase’s market notices for deadlines and settlement details.
What This Means for Traders
When a futures venue delists a contract, open positions typically need to be closed or settled by a specified deadline. Traders with active positions in any of the four affected contracts should monitor Coinbase’s derivatives notices for exact cutoff dates.
The removal of futures products can reduce available leverage and hedging options for these tokens. Traders who used Coinbase Futures to hedge spot holdings in AIXBT, KAIO, PEOPLE, or ZEN will need to find alternative venues for derivatives exposure.
This is not the first time Coinbase has adjusted its derivatives offerings. The exchange, which recently secured a UK license to offer equities and derivatives, periodically reviews its listed products based on trading volume, liquidity, and regulatory considerations.
Why Derivatives Delistings Matter
Exchange listing and delisting decisions are closely watched because they directly affect market access and liquidity for specific assets. A futures delisting on a major venue like Coinbase can signal reduced institutional interest or insufficient trading demand for the affected contracts.
The simultaneous removal of four assets, rather than a single token, suggests a broader product review rather than an issue with any one project. Coinbase has been actively expanding its derivatives business in some areas while trimming underperforming contracts.
Traders and project teams monitoring exchange actions can track announcements through the Coinbase-related developments as the exchange continues to refine its product lineup across spot and derivatives markets.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
