Latest news: A major exchange is about to initiate liquidation procedures for four USDT-margined perpetual contracts.



According to the official schedule, the SKATEUSDT, REIUSDT, FISUSDT, and VOXELUSDT perpetual contract pairs will begin automatic liquidation at 5:00 PM on December 10 (GMT+8). Once liquidation is complete, these contracts will officially be delisted.

Please note that starting from 4:30 PM on the same day, users will no longer be able to open new positions. This means if you still hold positions in these contracts, you need to make your decisions quickly.

Special reminder: During the last hour before contract settlement, the risk protection fund will not participate in the forced liquidation process. The market may experience significant volatility and liquidity may drop sharply during this period. Therefore, we strongly recommend that all traders closely monitor the market in the final hour and proactively manage your positions—don’t wait to be force-liquidated.

If you have open positions, make sure to set a reminder and prepare to close them in advance.
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MentalWealthHarvestervip
· 17h ago
Another batch of coins is about to exit; this time it’s these four. They should’ve been cleared out long ago. --- No insurance fund backing in the last hour? That’s just absurd. There’s definitely going to be a bloodbath then. --- SKATE, REI, FIS, VOXEL—remember these four names. You must exit before 5 PM on December 10th. --- I just want to know if anyone will get dumped to the floor price in the last hour—definitely will. --- Set an alarm? My heart is already on edge. Who could sleep right now? --- At times like this, there’s actually opportunity. Low liquidity in the last hour means you could buy the dip, but you could also go all-in and lose everything. --- Liquidations and delistings again—is this exchange really just fleecing retail traders? --- Position opening stops at 4:30 PM, forced liquidation at 5 PM, no protection in the last hour—this process is brilliantly designed, just to make people get liquidated. --- Anyone holding positions, get moving now. Don’t think you can close out at the last minute—there’s no way you’ll get your order filled then.
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rugpull_survivorvip
· 17h ago
Damn, it's these four again? Should have cleared them out long ago, there are too many shitcoins.
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