Canceling AMM in SHIB/USDT and SHIB/USDC Markets

CoinEx’s announcement on canceling the automated market-making function of SHIB/USDT and SHIB/USDC markets

In order to improve the liquidity of the exchange market, to better promote CoinEx healthy development of eco-business, CoinEx introduced the automated market-making function.

In view of the active trading and sufficient liquidity in the SHIB/USDT and SHIB/USDC markets, CoinEx will cancel the automated market-making function of the above-mentioned markets at 10:00 on October 10, 2021 ( UTC+8 ).

After the cancellation, the market will return to normal In the market, the transaction fee rate will also return to the normal rate.

Go to CoinEx Official Website