Coinbase to Suspend Perpetual Contracts on 12 Tokens Including KAITO, VET, and CAKE Over Liquidity and Quality Concerns!

Coinbase will halt perpetual contract trading for twelve tokens — KAITO, SENT, SAHARA, CAKE, TOSHI, AKT, VET, ANIME, THETA, ZK, KERNEL, and BARD — at approximately 21:00 UTC+8 on May 21st. The exchange cited insufficient liquidity and project quality falling below its market standards as the…