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Aster Sets PAPER Perp Delisting After Transferability Decision

Paragon had already halted its PAPER market and settled open positions at $0.026296 after Papertrade ruled out token transfers for now.

Aster Sets PAPER Perp Delisting After Transferability Decision
The Defiant
AI summary

Aster is delisting its PAPER perpetual contract after Papertrade decided the token would not be transferable for now. Paragon had already halted the PAPER market and settled open positions at $0.026296. The move removes a trading venue for PAPER and signals that the token's planned utility is stalled, a negative for holders and traders who had positioned around transferability.

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