Dear CoinEx users:
To improve the market liquidity on the platform and promote the healthy development of CoinEx Ecosystem, Automated Market Making (AMM) was introduced to CoinEx on February 3, 2021. Due to the active trading and sufficient liquidity in both SHIB/USDT and SHIB/USDC markets, CoinEx will cancel the AMM function of these two markets at 2:00 on October 10, 2021 (UTC). After the cancellation, these markets will be resumed as normal markets, and their transaction fee rate will also return to the normal rate.
For liquidity providers in SHIB/USDT and SHIB/USDC markets, please withdraw your liquidity in advance. If the withdrawal is NOT made after adjustment, it will be executed systematically, and the relevant assets will be returned to your spot accounts.
We sincerely apologize for the inconvenience.
Oct 8, 2021