EthereumPoW (ETHW), Polygon (MATIC) - Deribit Delisting - 13 Feb 2025

Deribit, a major exchange, will stop supporting EthereumPoW (ETHW) and Polygon (MATIC) on February 13, 2025. This includes the end of MATIC/USDC trading, which might lead to traders exiting their positions in these assets. The need to withdraw or convert these assets could lead to a drop in their prices as investors sell off MATIC and ETHW. The impact will depend on how many users trade these assets on Deribit. Visit the source for details.As part of platform updates, ETHW & MATIC wallet support will be discontinued on Feb 13, 2025, along with MATIC/USDC spot trading. Withdraw balances before 9AM UTC, Feb 13, 2025 After this date, remaining balances will be converted to USDC at market price.