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DERIVATIVES

DEC 20, 2024

Delisting of the MATIC/GUSD Perpetual Contract on Gemini’s Non-US Crypto Derivatives Platform

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Gemini Derivatives Update (Generic)

On 22 January 2025 at 12:00pm SGT, Gemini Foundation will delist the MATIC/GUSD perpetual contract. This follows the migration of MATIC to POL, and the recent listing of the POL/GUSD perpetual contract on Gemini’s derivatives platform.

We strongly encourage customers to close any open positions and refrain from opening new ones for this contract prior to the scheduled delisting date.

Please note the following:

  1. At 12:00pm SGT, the MATIC/GUSD perpetual contract will be delisted and trading will no longer be supported.
  2. All open orders for the MATIC/GUSD perpetual contract will be automatically cancelled.
  3. Any open positions in the MATIC/GUSD perpetual contract will be automatically closed. The closing price will be determined based on the index price at 12:00pm SGT on 22 January 2025, as published real-time on the Gemini website.

For any questions, please reach out to our support team.

Onward and Upward,

The Gemini Foundation Team

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