Phemex

Phemex

Spot Trading Volume(24h)
$692,922,483.4
9,961 BTC
Total assets
$385,788,543.75

About Phemex

What Is Phemex?

Phemex is a user-first cryptocurrency exchange serving over 10 million traders worldwide. Founded in 2019 by former Morgan Stanley executives, the platform combines institutional-grade infrastructure with accessible tools for traders at all levels. Phemex offers spot and derivatives trading, copy trading, wealth management, and fiat services — all backed by 99.999% uptime and ultra-low latency execution (5-10ms).

The exchange maintains 100% Proof-of-Reserves with Merkle Tree Verification, ensuring complete transparency. With 600+ spot trading pairs, up to 100x leverage on derivatives, and a thriving copy trading community of 17,000+ experienced traders, Phemex delivers professional-grade tools with a customer-centric approach.

Who Are the Phemex Founders?

Phemex was founded by former senior executives from Morgan Stanley who brought their Wall Street expertise to the crypto industry. The founding team saw the need for a platform that challenged the inefficiencies and exclusivity of traditional finance while putting users first. Their vision was to create an exchange that combined institutional-grade infrastructure with inclusive access, ensuring that everyone, regardless of background, can access the same financial tools and opportunities.

When Did Phemex Launch?

Phemex was founded in November 2019 and has grown to serve over 10 million users globally with strong presence across Eastern Europe, Latin America, MENA, and Southeast Asia.


Where Is Phemex Located? Phemex is registered in the British Virgin Islands under Phemex Ltd, and operates with a remote-first, decentralized structure serving users globally. The company maintains an international presence with localized teams in key markets across multiple continents.

Phemex Restricted Countries

Phemex serves users worldwide, though services are restricted in certain jurisdictions due to regulatory compliance. For the current list of restricted territories, please refer to Phemex's Terms of Use. For fiat deposit and withdrawal restrictions, see the List of Supported and Restricted Countries for Fiat.

What Coins Are Supported on Phemex?

Phemex offers 600+ spot trading pairs and 500+ futures trading pairs. Popular cryptocurrencies include: BTC, ETH, USDT, USDC, BNB, SOL, XRP, ADA, DOGE, AVAX, MATIC, DOT, LINK, LTC, SHIB, UNI, ATOM, APE, AAVE, MANA, FTM, SAND, COMP, ZEC, and more.

How Much Are Phemex Fees?

Phemex maintains competitive and transparent fee structures designed to accommodate traders at all levels. The platform offers volume-based discounts for high-frequency traders and charges zero fees on cryptocurrency deposits to trading accounts. Withdrawal fees vary by asset and network conditions. For complete and current fee details, visit Phemex's Fee Structure.

Is It Possible To Use Leverage or Margin Trading on Phemex?

Yes, Phemex offers comprehensive leveraged trading. Futures: Up to 100x leverage on USDT-margined and coin-margined perpetuals with unified margin system. Margin Trading: Cross-margin and isolated margin modes with advanced order types including OCO orders and trailing stops. Automation: Grid bots, Martingale strategies, copy trading with 17,000+ traders, and basket orders.

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Financial reserves
Updated at 1:47:09 PM
Total: $385,788,543.75
Reported directly by the exchange
TokenBalancePriceValue
USDT
0x9022...2ec52C
140,000,094.29$1$140,015,217.99
BTC
39rotu...WZh6ck
2,000$69,572.14$139,144,299.05
ETH
0x9022...2ec52C
10,600.09$2,021.08$21,423,686.77
XRP
rLMAAu...fdiDTg
15,157,753.97*$1.38$20,918,928.11
USDC
0x9022...2ec52C
11,100,095.93$0.9999$11,099,900.8
USDT
0xf7d1...78ca49
10,896,508.48$1$10,897,685.59
USDT
0xf7D1...78ca49
10,896,508.48$1$10,897,685.59
XRP
rECMhX...2N6TLp
6,818,954.65*$1.38$9,410,709.68
USDT
THe3CV...MCGL8M
7,509,193.58$1$7,510,004.77
TRX
TM7rxy...duw9vD
8,148,435.89$0.2862$2,332,664.99

Only wallets with >500,000 USD balance are shown
* Balances from these wallets may be delayed

Token Allocation

Disclaimer:
All information and data relating to the holdings in the third-party wallet addresses are based on public third party information. CoinMarketCap does not confirm or verify the accuracy or timeliness of such information and data.

CoinMarketCap shall have no responsibility or liability for this public third party information and data. CoinMarketCap shall have no duty to review, confirm, verify or otherwise perform any inquiry or investigation as to the completeness, accuracy, sufficiency, integrity, reliability or timeliness of any such information or data provided.

Markets

  • SpotSpot
  • PerpetualPerpetual
  • FuturesFutures

Pair

All

#

Currency

Pair

Price

+2% / -2% Depth

Volume

Volume %

Liquidity

1

Bitcoin
$69,558.28
$15,174,055/$22,482,869
$231,448,265
33.40%

906

2

Ethereum
$2,021.22
$11,861,796/$12,759,197
$80,397,449
11.60%

764

3

XRP
$1.38
$5,297,483/$5,929,363
$54,285,299
7.83%

767

4

Solana
$85.71
$2,411,237/$3,289,082
$37,229,072
5.37%

692

5

USDC
$0.9997
$1,827,458/$3,371,531
$29,185,394
4.21%

688

6

TRON
$0.2858
$2,175,083/$2,740,565
$20,601,539
2.97%

637

7

Dogecoin
$0.09266
$3,292,337/$3,514,826
$19,983,698
2.88%

653

8

Bitcoin
$69,551.95
$1,256,130/$2,458,334
$11,062,427
1.60%

653

9

Chainlink
$8.94
$1,095,575/$1,116,516
$9,579,676
1.38%

553

10

Cardano
$0.26
$2,231,611/$1,911,062
$9,211,791
1.33%

620

11

World Liberty Financial USD
$1.00
$11,299/$10,812
$6,505,340
0.94%

400

12

Bitcoin Cash
$446.71
$396,843/$183,463
$6,251,619
0.90%

535

13

Ethereum
$2,022.36
$482,623/$1,869,272
$5,678,813
0.82%

617

14

Pepe
$0.05329
$440,204/$546,010
$5,013,046
0.72%

453

15

Hyperliquid
$34.34
$84,088/$101,874
$3,978,907
0.57%

497

16

NEAR Protocol
$1.29
$9,487/$12,319
$3,425,727
0.49%

387

17

Zcash
$215.15
$103,468/$35,511
$3,110,951
0.45%

455

18

XRP
$1.38
$1,901,363/$2,161,219
$2,964,437
0.43%

638

19

Avalanche
$9.56
$228,075/$259,677
$2,941,530
0.42%

471

20

Shiba Inu
$0.05562
$719,510/$819,793
$2,931,852
0.42%

509

21

OFFICIAL TRUMP
$2.93
$1,433,380/$690,984
$2,889,455
0.42%

584

22

Sui
$0.9551
$1,766,618/$1,756,504
$2,864,129
0.41%

675

23

Filecoin
$0.866
$23,182/$25,287
$2,324,360
0.34%

350

24

PAX Gold
$5,217.84
$8,569/$23,028
$2,169,181
0.31%

396

25

Litecoin
$53.84
$1,511,682/$1,145,234
$2,150,757
0.31%

656

26

Bittensor
$197.51
$21,088/$14,511
$1,866,354
0.27%

361

27

Solana
$85.74
$121,216/$272,738
$1,808,749
0.26%

455

28

Tezos
$0.3644
$284,851/$62,249
$1,690,203
0.24%

516

29

Worldcoin
$0.357
$34,371/$8,724
$1,629,504
0.24%

414

30

Arbitrum
$0.0983
$331,630/$354,843
$1,416,146
0.20%

500

31

Algorand
$0.0851
$4,555/$5,780
$1,375,124
0.20%

301

32

World Liberty Financial
$0.1002
$65,405/$63,954
$1,351,773
0.20%

419

33

BNB
$641.24
$1,281,493/$1,320,682
$1,320,531
0.19%

621

34

Polkadot
$1.49
$16,484/$10,872
$1,298,052
0.19%

376

35

Ethena
$0.1022
$2,663/$2,826
$1,266,752
0.18%

249

36

Stellar
$0.1561
$6,503/$6,061
$1,234,469
0.18%

360

37

dYdX (ethDYDX)
$0.0854
$61,476/$52,269
$1,108,829
0.16%

438

38

USDP Stablecoin
$0.9997
$40,972/$43,957
$1,088,450
0.16%

481

39

Hedera
$0.09423
$75,262/$34,811
$1,067,061
0.15%

374

40

Aptos
$0.951
$4,605/$5,194
$1,065,460
0.15%

309

41

Dash
$32.02
$27,858/$16,850
$1,062,227
0.15%

353

42

Curve DAO Token
$0.2389
$31,171/$10,644
$1,053,782
0.15%

342

43

Artificial Superintelligence Alliance
$0.1548
$6,270/$6,528
$950,788
0.14%

325

44

Axie Infinity
$1.11
$29,606/$33,597
$950,183
0.14%

384

45

Aave
$109.99
$24,185/$14,723
$917,321
0.13%

445

46

Dent
$0.0002283
$7,118/$11,584
$901,324
0.13%

293

47

BNB
$640.52
$75,334/$98,327
$897,511
0.13%

539

48

Cosmos
$1.81
$90,214/$75,884
$883,182
0.13%

439

49

Chiliz
$0.03761
$37,383/$6,856
$874,475
0.13%

347

50

Optimism
$0.1186
$4,503/$5,160
$856,418
0.12%

334

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