Coinbase will temporarily halt the Order Book for 7 trading pairs at 12:00 PM EST on December 15, 2025 (01:00 Beijing time on December 16); these pairs had already switched to limited order mode before the halt.
The move aims to improve market health and consolidate liquidation. Eligible Coinbase Advanced users can still trade related Token on the USD Order Book . Market orders have now been invalidated for the affected pairs.
- The Order Book will be temporarily suspended at 12:00 PM EST on December 15, 2025 (01:00 Beijing time on December 16).
- Seven pairs were affected, switching to limit order mode; market orders were locked.
- Coinbase Advanced qualifies to continue trading on the USD Order Book .
Time and affected pairs
The Order Book will be temporarily suspended at 12:00 PM EST on December 15, 2025 (01:00 Beijing time on December 16) for 7 trading pairs.
The following pairs have been paused:
- Ankr- GBP
- AXS-EUR
- AXS- USDT
- CGLD-EUR
- CGLD-GBP
- LRC- USDT
- LRC- BTC
The temporary suspension applies to the aforementioned pairs in order to streamline and concentrate liquidation. Coinbase did not mention any changes to other pairs not on this list.
Transaction status and exceptions
The pairs were in limit order mode; market orders could not be submitted. Eligible Coinbase Advanced orders continued to trade the associated Token in the USD Order Book .
According to Coinbase, the goal is to improve market health and consolidate liquidation. Switching to limit order mode before the pause helps limit volatility caused by market orders in low- liquidation pairs. Users should review open orders, prioritize limit orders, or switch to the USD Order Book if eligible.
The announcement was posted on Coinbase's X platform. A limit-only status is now in effect, so market orders on the aforementioned pairs will be rejected until the policy changes or after the next update to the suspension period.
