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🚧 Delisting Watchlist Notice: JOULE/USD FTSO Feed.
In accordance with FIP.15, Flare has placed the JOULE/USD data feed on the Delisting Watchlist.
After reviewing market-quality metrics, the feed breached the Delisting Criteria:
- Insufficient venue coverage: JOULE/USD is listed on a single exchange, which materially reduces decentralized price sourcing and makes cross-venue aggregation non-robust.
- Very low liquidity: The feed fails required depth thresholds for a reliable FTSO feed (7-day average ±2% depth aggregated across eligible venues is below the threshold).
What happens next:
1. A 14-day enhanced monitoring: Flare Foundation will monitor this feed for 14 days.
2. Opportunity for recovery: If the criteria are cleared for 14 consecutive days (e.g., new venues added or liquidity improves), the feed will be removed from the watchlist.
3. Escalation path: If breaches persist for 14 consecutive days, the FTSO Management Group may be presented with a delisting proposal for review and subsequent onchain voting.
This notice formally initiates the 14-day monitoring window starting 12 February 2026.
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