Coinbase Pulls the Plug on ERN – But We’re Keeping It Alive

Coinbase Pulls the Plug on ERN – But We’re Keeping It Alive

The bridge for moving Ethernity Chain (ERN) tokens to the new Epic network was shut down without warning, and the project team has announced it will never be reopened.

Coinbase took notice – and action. Concerned about a sudden drop in liquidity for the old ERN token, the exchange has announced it will suspend ERN trading starting August 22, 2025.

Here’s the backstory. ERN originally ran on the Ethereum network, but in 2025 the developers migrated it to Epic Chain. Many major exchanges used the moment to stop trading the old ERN entirely and automatically swap it for the new EPIC token. Coinbase took a different route – it didn’t join the token swap, as this would require integrating a third-party bridge, conducting legal checks on the new asset, and taking on extra risks.

However, the sudden bridge shutdown made it look like Coinbase was relying on it after all. Without the bridge, it’s no longer willing to support ERN trading. This means Coinbase users who haven’t withdrawn or swapped their ERN before the suspension will be left holding a token with fewer and fewer liquid markets – especially now that most major exchanges no longer list it.

At Rabbit Swap, we take a different view. We don’t stop supporting token exchanges just because liquidity drops. As long as there’s still some demand and supply in the market, we’ll find those opportunities and make them available for your swaps. ERN is still available for exchange on rabbit.io – though you might want to act sooner rather than later.