Crypto.com to Delist SNEKUSD-PERP on Sept 11
Crypto.com Exchange will delist SNEKUSD-PERP perpetual contract on September 11, 2026. Open positions auto-settled via TWAP.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
Crypto.com Exchange announced the delisting of the SNEKUSD-PERP perpetual contract, effective September 11, 2026, at 08:00 UTC. Users with open positions are advised to review and close them before the effective date. Any remaining positions will be automatically settled using Time-Weighted Average Price (TWAP), with taker fees charged for automatic settlements. The announcement does not specify any required action beyond managing open positions before the delisting.
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SNEKUSD-PERP perpetual contract will be delisted from Crypto.com Exchange/Advanced Trading Platform on September 11, 2026, at 08:00 UTC.
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Users are advised to review open positions immediately and take necessary action before the effective date.
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Any remaining open positions after the effective date will be automatically settled using Time-Weighted Average Price (TWAP).
Key timeline
Announcement published.
Effective date: SNEKUSD-PERP delisting and automatic settlement of remaining positions.
Who may be affected
- Users holding open positions in SNEKUSD-PERP on Crypto.com Exchange/Advanced Trading Platform.
Impact analysis
The delisting directly affects traders with open SNEKUSD-PERP positions. They must close positions before September 11, 2026, 08:00 UTC to avoid automatic settlement. Automatic settlement will occur via TWAP, and taker fees will be charged. This may result in execution at an average price over the settlement period, which could differ from the market price at the time of delisting. No other products or users are mentioned as affected.
What the announcement does not say
The announcement does not specify the exact TWAP calculation period, the settlement price determination details, or the magnitude of taker fees. It also does not state whether the delisting is due to low liquidity, regulatory requirements, or other reasons.
Risk notes
- Automatic settlement via TWAP may result in a final price that differs from the spot price at the moment of delisting.
- Taker fees will be applied to automatic settlements, potentially reducing the proceeds from closed positions.
- Failure to close positions before the effective date means users lose control over the settlement process.
- This article is for verification of official exchange announcements only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
What happens to my open SNEKUSD-PERP positions after September 11, 2026?
Any remaining open positions will be automatically settled using Time-Weighted Average Price (TWAP) after the effective date.
Will I be charged fees for the automatic settlement?
Yes, taker fees will be charged for automatic settlements.
Can I avoid the automatic settlement?
Yes, you can close your open positions before the effective date of September 11, 2026, 08:00 UTC.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.