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Cryptos: 18.26M

Exchanges: 829

Market Cap:

$3.33T

0.76%

24h Vol:

$102.92B

38.02%

Dominance: BTC: 64.4% ETH: 9.2%

ETH Gas:

1.86 Gwei

Fear & Greed:

52/100

Phemex

Derivative Trading Volume(24h)

$972,272,762.93

9,008 BTC

Total assets

$11,010,933.93

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About Phemex

What Is Phemex?

Phemex is a crypto derivatives trading exchange. Based in Singapore, it was launched in 2019 by former executives from Morgan Stanley. The project is rapidly gaining popularity due to low fees and deep liquidity, offering user-friendly charting and wallet interface, no-KYC, tight/fast execution spreads, as well as spot, contract, and margin trading.

The centralized cryptocurrency exchange (or CEX) serves all types of clients, ranging from crypto newbies to professional investors. Phemex offers financial advice to improve the trading experience, an educational portal with guides and charts, a quick registration process, a convenient mobile app, referral programs, and ways to generate passive income.

The platform provides an instant purchase of digital assets. According to the project’s website, it can handle 300,000 transactions per second, while the order response time is less than 1 millisecond.

Who Are the Phemex Founders?

The CEO and founder of Phemex is Jack Tao, former Software Engineer and VP of Morgan Stanley. Tao graduated from Fudan University, Shanghai, gained experience in traditional finance, and specialized in the development of algorithmic trading platforms for over 10 years.

When Did Phemex Launch?

The project was founded in November 2019 and is owned by Phemex Financial Pte. Ltd.

Where Is Phemex Located?

Phemex is located in Singapore. The company is offshore and registered in the British Virgin Islands.

Phemex Restricted Countries

The platform has over 5 million active users in 200+ countries. According to the terms of use, its services are not available in the United States, United Kingdom, Quebec and Alberta (Canada), Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, South Korea, Sudan, China, Hong Kong, Republic of Seychelles and Bermuda.

What Coins Are Supported on Phemex?

Phemex supports over 250 assets, 137+ contract trading pairs, and 238+ spot trading pairs. Here are a few of the cryptos that users can buy/sell/trade on the exchange: BTC, ETH, USDT, DOGE, XRP, LINK, ADA, ALGO, ATOM, MANA, SHIB, APE, FTM, COMP, ZEC, MATIC, LTC, AAVE, SAND and DOT.

How Much Are Phemex Fees?

Phemex is a full-service platform that stands out from the rest due to its fee model. The exchange charges a 0.1% spot fee (0.1% of the transaction value for market makers and takers with discounts available to high-volume traders). The contract trading fee is based on a Maker-Taker model, where Phemex charges 0.06% for Market Takers and 0.01% for Market Makers. The platform does not charge any fees for crypto deposits to trading accounts. For more details, refer to the Fee Structure.

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

Users can trade with up to 100x leverage. Phemex offers leverage trading of perpetual contracts like ETHUSD, BTCUSD, LTCUSD, LINKUSD, XRPUSD, XTZUSD.

Financial reserves

Updated at 12:03:06 AM

Total: $11,010,933.93

Reported directly by the exchange

Token	Balance	Price	Value
USDT 0xf7D1...78ca49	10,896,511.01	$1	$10,898,065.97

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

Pair

All

#	Currency	Pair	Price	Index Price	Basis	Volume	Volume %	Funding rate	Open interest	Updated
1	Bitcoin	BTC/USDT	$107,941.14	$107,997.74	0.05%	$126,061,454	12.98%	<0.01%	$140,778,293.87	Recently
2	Ethereum	ETH/USDT	$2,536.49	$2,537.90	0.06%	$115,992,236	11.94%	0.01%	$47,847,075.59	Recently
3	Bitcoin	BTC/USD	$107,920.60	$107,983.29	0.06%	$99,456,723	10.24%	<0.01%	$687,395,070.72	Recently
4	Ethereum	ETH/USD	$2,536.40	$2,537.55	0.05%	$64,715,126	6.66%	0.01%	$130,242,764.00	Recently
5	Bitcoin	BTC/USDC	$107,938.07	$108,009.10	0.07%	$60,441,513	6.22%	<0.01%	$5,795,562.15	Recently
6	Ethereum	ETH/USDC	$2,536.62	$2,538.17	0.06%	$48,256,849	4.97%	0.01%	$93,154,646.03	Recently
7	XRP	XRP/USDT	$2.28	$2.28	0.06%	$30,707,627	3.16%	0.01%	$39,208,324.25	Recently
8	Sui	SUI/USDT	$2.84	$2.85	0.10%	$26,854,043	2.76%	<0.01%	$10,145,518.18	Recently
9	BNB	BNB/USDT	$659.63	$659.77	0.02%	$20,597,538	2.12%	0.01%	$17,682,665.00	Recently
10	Solana	SOL/USDT	$147.92	$148.05	0.08%	$12,125,485	1.25%	<0.01%	$20,683,286.41	Recently
11	Chainlink	LINK/USDT	$13.35	$13.36	0.11%	$10,901,842	1.12%	0.01%	$25,799,953.02	Recently
12	Dogecoin	DOGE/USDT	$0.1669	$0.167	0.04%	$10,215,467	1.05%	0.01%	$18,956,735.14	Recently
13	Cardano	ADA/USDT	$0.577	$0.5772	0.03%	$10,167,219	1.05%	<0.01%	$10,267,519.91	Recently
14	Sui	SUI/USD	$2.84	$2.85	0.07%	$10,053,260	1.04%	<0.01%	$45,898,395.00	Recently
15	Stellar	XLM/USDT	$0.2487	$0.2489	0.09%	$9,727,666	1.00%	<0.01%	$902,315.94	Recently
16	Optimism	OP/USDT	$0.5393	$0.5393	<0.01%	$8,388,925	0.86%	0.01%	$1,110,223.47	Recently
17	Fartcoin	FARTCOIN/USDT	$1.09	$1.09	0.07%	$7,351,127	0.76%	<0.01%	$1,982,620.15	Recently
18	Arbitrum	ARB/USDT	$0.3277	$0.3277	-0.01%	$6,865,601	0.71%	0.01%	$4,510,136.03	Recently
19	Bitcoin Cash	BCH/USDT	$491.92	$492.10	0.04%	$6,410,936	0.66%	0.01%	$2,652,051.81	Recently
20	Ethena	ENA/USDT	$0.2553	$0.2554	0.05%	$6,267,512	0.65%	<0.01%	$1,169,407.02	Recently
21	Bittensor	TAO/USDT	$319.41	$319.58	0.05%	$5,551,144	0.57%	0.01%	$1,437,568.11	Recently
22	Toncoin	TON/USDT	$2.75	$2.75	0.05%	$5,392,856	0.56%	0.01%	$760,654.72	Recently
23	ether.fi	ETHFI/USDT	$0.9578	$0.9588	0.10%	$5,091,767	0.52%	0.01%	$468,775.07	Recently
24	dogwifhat	WIF/USDT	$0.8337	$0.8321	-0.19%	$4,781,316	0.49%	0.01%	$2,614,500.76	Recently
25	Ethereum Classic	ETC/USDT	$16.42	$16.43	0.06%	$4,693,963	0.48%	<0.01%	$309,881.24	Recently
26	Popcat (SOL)	POPCAT/USDT	$0.2782	$0.2779	-0.10%	$4,519,510	0.47%	0.01%	$2,949,489.83	Recently
27	Uniswap	UNI/USDT	$7.26	$7.27	0.17%	$4,184,262	0.43%	0.01%	$6,702,741.39	Recently
28	Avalanche	AVAX/USDT	$17.91	$17.90	-0.07%	$3,585,629	0.37%	0.01%	$6,062,562.79	Recently
29	Litecoin	LTC/USDT	$85.56	$85.61	0.06%	$3,574,089	0.37%	0.01%	$13,801,138.77	Recently
30	Celestia	TIA/USDT	$1.57	$1.57	<0.01%	$3,339,249	0.34%	<0.01%	$1,859,450.42	Recently
31	Ondo	ONDO/USDT	$0.773	$0.7735	0.08%	$3,310,280	0.34%	<0.01%	$2,504,671.75	Recently
32	Aave	AAVE/USDT	$279.58	$279.41	-0.06%	$3,036,768	0.31%	0.01%	$3,927,555.77	Recently
33	Neiro (First Neiro On Ethereum)	NEIRO/USDT	$0.0004132	$0.0004136	0.09%	$2,977,061	0.31%	0.01%	$3,808,530.58	Recently
34	Turbo	TURBO/USDT	$0.003714	$0.00372	0.15%	$2,852,150	0.29%	<0.01%	$630,073.62	Recently
35	Livepeer	LPT/USDT	$6.09	$6.09	0.08%	$2,775,902	0.29%	<0.01%	$2,048,702.66	Recently
36	NEAR Protocol	NEAR/USDT	$2.15	$2.15	-0.03%	$2,496,125	0.26%	0.01%	$683,100.78	Recently
37	Injective	INJ/USDT	$10.38	$10.38	<0.01%	$2,456,434	0.25%	0.01%	$1,157,160.13	Recently
38	FLOKI	1000FLOKI/USDT	$0.08055	$0.08052	-0.03%	$2,346,847	0.24%	0.01%	$670,680.33	Recently
39	Jupiter	JUP/USDT	$0.4293	$0.4298	0.10%	$2,207,254	0.23%	-0.03%	$542,587.99	Recently
40	Impossible Cloud Network	ICNT/USDT	$0.258	$0.2581	0.02%	$2,198,991	0.23%	<0.01%	$1,496,181.50	Recently
41	Moo Deng (moodengsol.com)	MOODENG/USDT	$0.1749	$0.1751	0.10%	$2,190,422	0.23%	0.01%	$5,003,717.23	Recently
42	SPX6900	SPX/USDT	$1.23	$1.23	0.13%	$2,163,334	0.22%	0.05%	$478,666.64	Recently
43	Hedera	HBAR/USDT	$0.1574	$0.1576	0.09%	$2,151,935	0.22%	0.01%	$4,271,610.71	Recently
44	Aptos	APT/USDT	$4.44	$4.44	-0.01%	$2,142,574	0.22%	<0.01%	$607,451.98	Recently
45	Worldcoin	WLD/USDT	$0.8625	$0.8634	0.11%	$2,139,319	0.22%	0.01%	$1,307,642.60	Recently
46	Hyperliquid	HYPE/USDT	$38.52	$38.56	0.13%	$2,086,504	0.21%	0.01%	$5,777,526.87	Recently
47	Newton Protocol	NEWT/USDT	$0.3193	$0.3193	-0.01%	$2,028,124	0.21%	<0.01%	$8,114,278.21	Recently
48	Pendle	PENDLE/USDT	$3.37	$3.38	0.04%	$1,991,855	0.21%	0.01%	$520,648.16	Recently
49	Sei	SEI/USDT	$0.2559	$0.256	0.04%	$1,895,474	0.20%	0.01%	$1,070,878.67	Recently
50	Banana For Scale	BANANAS31/USDT	$0.01546	$0.01543	-0.14%	$1,868,296	0.19%	<0.01%	$2,775,295.25	Recently

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Phemex