Announcement on the Trading of LUNA/USDT Perpetual Contract

Dear KuCoin Users,

Due to the maintenance, for a better trading experience and to avoid the potential risks, KuCoin Futures provides a solution for the trading of LUNA perpetual contract. The details are as follows:

The LUNA/USDT perpetual contract will be delisted at 10:00 on May 26, 2022 (UTC). Of this contract, the open orders will be canceled, and the positions will be settled at the average index price during the last 30 minutes before the delisting. If the market fluctuates sharply, the positions will be settled at ​a specified index price.

The market may fluctuate sharply before the contract delisting. It is suggested that the users control risks by reducing the leverage or by closing positions in advance.

Trading Bot will remove the LUNA/USDT Futures Grid trading pair, and stop the running bots at the same time.

Thank you for your support!

The KuCoin Team

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