Zeta Markets: proposed suspension of trading in underlying assets on July 22 due to RNDR upgrade to RENDER (SPL)
On July 19th, Zeta Markets announced on the X platform that due to the upgrade of RNDR (ERC-20) to RENDER (SPL) and its delisting from several CEX, trading in the related assets will be suspended on July 22nd at 9:00am UTC, and all open positions in RNDR-PERP will be settled according to the prevailing PYTH prediction machine price: - If you choose to keep the position unchanged, the unrealized profit or loss will be automatically converted to realized profit or loss (settled in USDC) at the time of trading suspension. If you choose to leave your positions unchanged, the unrealized gains and losses will be automatically converted to realized gains and losses (settled in USDC) during the trading suspension. -Alternatively, you can choose to close your RNDR position before the pause time. The relisting of RENDER-PERP will be announced via public notice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Bitcoin is ready for the U.S. elections
BlackRock's Ethereum ETF holdings break through 450,000 ETH