Phemex

Phemex

Spot Trading Volume(24h)

$271,107,346.08

2,782 BTC

Total assets

$426,086,518.66

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.

Read More
Financial reserves
Updated at 7:35:44 AM
Total: $426,086,518.66
Reported directly by the exchange
TokenBalancePriceValue
BTC
3PiGxV...cmE4Ta
2,014.02$97,329.17$196,022,903.72
USDT
0xf7D1...78ca49
180,896,610.93$0.9996$180,833,758.39
ETH
0xf7D1...78ca49
8,609.96$3,816.44$32,859,467.53
USDC
0xf7D1...78ca49
16,100,566.16$0.9998$16,098,298.88

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

+2% Depth

-2% Depth

Volume

Volume %

Updated

1

Bitcoin

$97,328.17
$20,457,473.85$28,446,993.45

$21,088,178

7.78%

Recently

2

Pepe

$0.00002742
----

$12,930,190

4.77%

Recently

3

Dogecoin

$0.4319
$4,364,787.15$6,422,752.34

$9,925,786

3.66%

Recently

4

Sui

$4.04
$1,481,129.35$2,024,528.21

$8,665,209

3.20%

Recently

5

Cardano

$1.11
$4,238,682.49$4,684,561.82

$8,633,767

3.19%

Recently

6

USDC

$0.9995
$1,438,886.12$1,046,577.42

$7,849,588

2.90%

Recently

7

The Sandbox

$0.8247
$1,330,011.36$1,376,288.64

$7,644,832

2.82%

Recently

8

XRP

$2.40
$9,456,321.63$10,432,407.92

$7,161,471

2.64%

Recently

9

Solana

$223.12
$7,161,762.18$13,022,559.19

$5,802,732

2.14%

Recently

10

Polkadot

$9.50
$1,740,320.95$2,042,057.06

$4,907,098

1.81%

Recently

11

TRON

$0.2923
$2,119,083.21$2,042,139.84

$4,613,066

1.70%

Recently

12

Ethereum

$3,816.76
$31,114,493.22$43,244,860.14

$4,294,621

1.58%

Recently

13

Fantom

$1.21
$2,175,865.70$2,320,212.44

$3,829,914

1.41%

Recently

14

Stellar

$0.4538
$1,157,260.69$1,129,616.70

$3,783,706

1.40%

Recently

15

Artificial Superintelligence Alliance

$1.84
$352,924.87$414,348.06

$3,579,733

1.32%

Recently

16

Avalanche

$48.73
$2,039,218.23$1,828,894.16

$3,452,776

1.27%

Recently

17

Curve DAO Token

$1.10
$496,090.88$582,936.74

$3,346,677

1.23%

Recently

18

Chainlink

$23.66
$4,673,171.66$4,681,072.08

$3,342,799

1.23%

Recently

19

Maker

$2,037.07
$467,889.07$883,395.83

$3,229,128

1.19%

Recently

20

Uniswap

$16.74
$1,653,855.10$1,858,192.85

$2,873,028

1.06%

Recently

21

Cosmos

$9.37
$2,249,586.76$2,824,478.47

$2,403,931

0.89%

Recently

22

Gala

$0.05433
$655,167.83$649,828.89

$2,382,717

0.88%

Recently

23

The Graph

$0.2882
$490,885.97$632,749.02

$2,381,207

0.88%

Recently

24

BNB

$716.34
$3,302,735.95$3,845,028.36

$2,243,791

0.83%

Recently

25

Ethena

$0.9624
$448,457.40$558,812.58

$2,182,084

0.81%

Recently

26

EOS

$1.20
$222,741.96$271,096.57

$2,064,988

0.76%

Recently

27

Yield Guild Games

$0.7406
$115,240.03$348,152.67

$2,035,686

0.75%

Recently

28

dogwifhat

$3.42
$549,068.14$816,046.33

$2,003,808

0.74%

Recently

29

THORChain

$6.96
$397,488.87$482,882.81

$1,953,419

0.72%

Recently

30

Immutable

$1.92
$145,098.29$629,016.07

$1,824,844

0.67%

Recently

31

Arbitrum

$1.06
$1,285,808.94$6,562,354.95

$1,794,357

0.66%

Recently

32

PancakeSwap

$3.80
$285,879.66$424,089.99

$1,711,047

0.63%

Recently

33

yearn.finance

$11,600.72
$416,346.41$522,521.54

$1,664,481

0.61%

Recently

34

Optimism

$2.44
$7,285.05$9,827.51

$1,657,690

0.61%

Recently

35

Act I : The AI Prophecy

$0.544
$253,567.19$326,653.89

$1,617,914

0.60%

Recently

36

deBridge

$0.02771
----

$1,604,328

0.59%

Recently

37

Compound

$108.10
$327,209.52$577,163.49

$1,604,015

0.59%

Recently

38

NEAR Protocol

$7.06
$528,996.35$713,686.66

$1,599,441

0.59%

Recently

39

Aave

$268.52
$428,755.77$292,542.51

$1,587,564

0.59%

Recently

40

Lido DAO

$1.97
$707,547.03$686,312.06

$1,548,988

0.57%

Recently

41

Puffer

$0.7909
$151,366.18$184,150.17

$1,500,443

0.55%

Recently

42

Shiba Inu

$0.00002962
----

$1,444,990

0.53%

Recently

43

dYdX (ethDYDX)

$2.27
$730,206.18$744,230.11

$1,431,029

0.53%

Recently

44

Helium

$7.96
----

$1,402,979

0.52%

Recently

45

Bitcoin Cash

$596.03
$4,236,869.84$5,074,021.74

$1,344,774

0.50%

Recently

46

Baby Doge Coin

$0.005875
$197,486.29$132,277.93

$1,329,232

0.49%

Recently

47

Litecoin

$121.74
$2,207,225.95$1,789,018.32

$1,289,135

0.48%

Recently

48

Phemex Token

$1.29
$483,863.10$424,523.84

$1,221,377

0.45%

Recently

49

Reserve Rights

$0.01507
$220,313.22$499,066.97

$1,207,765

0.45%

Recently

50

BOOK OF MEME

$0.009704
$211,375.80$332,224.36

$1,204,598

0.44%

Recently

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