Summary
This proposal seeks to wind down and move the following 24 markets to final settlement due to persistent inactivity and extremely wide bid-ask spreads:
ACX-USD
BABY-USD
ERA-USD
G-USD
HUMA-USD
KSM-USD
LA-USD
LPT-USD
MELANIA-USD
MOCA-USD
MOODENG-USD
NEO-USD
OM-USD
ORDER-USD
OSMO-USD
PEAQ-USD
PERP-USD
PRIME-USD
QTUM-USD
SAFE-USD
SIGN-USD
VOXEL-USD
WSTETH-USD
XYO-USD
None of these markets have had a trade for more than 30 days.
Rationale
All selected markets exhibit:
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No trading activity for over 30 days
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Very wide bid-ask spreads
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Poor effective liquidity and minimal depth
Observed spreads range from approximately 22% to as high as 126%.
Markets with spreads approaching or exceeding 100% and zero trading activity do not provide meaningful execution quality and negatively impact overall market efficiency.
Motivation
Delisting these inactive markets will:
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Improve overall market quality and execution reliability
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Reduce oracle and infrastructure overhead
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Consolidate liquidity into actively traded pairs
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Maintain a cleaner and more capital-efficient product offering
Timeline
The intention is to move this proposal on-chain soon.
We welcome community feedback prior to submitting this to an on-chain governance vote.
