The company stated that users with outstanding liabilities for the aforementioned tokens can only manually transfer up to the amount of liabilities for that token into their Isolated Margin accounts, minus any existing collateral. The company explained that it periodically conducts such amendments to protect users and maintain a high-quality trading market.
It removes trading pairs with poor liquidity and trading volume, as this can lead to reputational damage and limited accessibility (among other drawbacks). Recent delisting efforts have faced setbacks in the past 24 hours, with many experiencing double-digit declines. It is worth noting that the correction in the broader digital asset market could have also contributed to their poor performance. Recall that Bitcoin (BTC) surged above $102,000 on January 7, but several hours later, it plunged by more than seven thousand dollars, triggering over $700 million in liquidations, with approximately 90% of the affected traders having opened long positions. The company often adds new trading pairs to respond to ongoing market trends and enhance its services. Following these actions, Cow Protocol (COW) and Cetus Protocol (CETUS) have been delisted