Phemex

Derivative Trading Volume(24h)

$1,083,061,126.74

16,863 BTC

Total assets

$268,770,603.75

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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 12:05:04 AM

Total: $268,770,603.75

Reported directly by the exchange

Token	Balance	Price	Value
BTC 3PiGxV...cmE4Ta	1,914.02	$64,190.97	$122,862,796.75
USDT 0xf7D1...78ca49	110,367,998.91	$0.9998	$110,349,813.10
ETH 0xf7D1...78ca49	6,464.96	$3,135.69	$20,272,132.77
USDC 0xf7D1...78ca49	15,184,207.45	$0.9999	$15,184,091.37

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	$64,252.49	$64,285.21	0.05%	$188,221,095	17.39%	<0.01%	$61,672,541.76	Recently
2	Bitcoin	BTC/USD	$64,240.60	$64,271.85	0.05%	$93,344,643	8.62%	0.01%	$95,409,072.73	Recently
3	Ethereum	ETH/USDT	$3,141.35	$3,142.62	0.04%	$69,295,883	6.40%	<0.01%	$20,285,745.67	Recently
4	Ethereum	ETH/USD	$3,141.62	$3,142.33	0.02%	$36,120,541	3.34%	0.01%	$130,043,768.09	Recently
5	Solana	SOL/USDT	$143.57	$143.65	0.06%	$29,145,057	2.69%	0.01%	$16,916,109.29	Recently
6	Ethereum	ETH/USD	$3,141.13	$3,142.33	0.04%	$25,589,119	2.36%	0.01%	$95,540,295.97	Recently
7	Bitcoin	BTC/USD	$64,241.00	$64,270.40	0.05%	$22,496,923	2.08%	<0.01%	$167,741,730.81	Recently
8	Automata Network	ATA/USDT	$0.236	$0.2359	-0.03%	$18,233,335	1.68%	0.01%	$4,296,077.95	Recently
9	Optimism	OP/USDT	$2.4177	$2.4192	0.06%	$17,062,180	1.58%	0.01%	$3,131,015.84	Recently
10	BNB	BNB/USDT	$609.06	$610.96	0.31%	$14,652,006	1.35%	-0.10%	$6,433,136.74	Recently
11	dogwifhat	WIF/USDT	$3.0219	$3.0248	0.10%	$13,045,272	1.21%	0.01%	$8,442,093.96	Recently
12	Ethereum Classic	ETC/USDT	$26.65	$26.65	<0.01%	$12,152,357	1.12%	<0.01%	$4,533,479.36	Recently
13	Polygon	MATIC/USDT	$0.7244	$0.7249	0.07%	$12,003,761	1.11%	0.01%	$10,038,120.54	Recently
14	Arbitrum	ARB/USDT	$1.0872	$1.0870	-0.02%	$11,306,988	1.04%	0.01%	$1,046,979.23	Recently
15	Hedera	HBAR/USDT	$0.1167	$0.117	0.26%	$11,296,861	1.04%	<0.01%	$4,540,024.03	Recently
16	Cardano	ADA/USDT	$0.4771	$0.4775	0.08%	$9,939,719	0.92%	0.01%	$3,750,222.57	Recently
17	Fantom	FTM/USDT	$0.7546	$0.7551	0.07%	$9,773,741	0.90%	0.01%	$4,166,429.47	Recently
18	XRP	XRP/USDT	$0.5308	$0.5305	-0.06%	$9,441,747	0.87%	0.01%	$16,980,839.04	Recently
19	Ethena	ENA/USDT	$0.8518	$0.8528	0.12%	$9,158,051	0.85%	0.01%	$3,264,099.48	Recently
20	Wormhole	W/USDT	$0.6299	$0.6299	--	$9,060,628	0.84%	0.01%	$6,972,520.22	Recently
21	Litecoin	LTC/USDT	$85.32	$85.37	0.06%	$8,833,022	0.82%	0.01%	$10,222,754.28	Recently
22	Popcat (SOL)	POPCAT/USDT	$0.4151	$0.4128	-0.56%	$8,565,162	0.79%	0.27%	$10,051,534.48	Recently
23	NEAR Protocol	NEAR/USDT	$7.4116	$7.4086	-0.04%	$8,008,223	0.74%	0.01%	$9,977,453.04	Recently
24	Lisk	LSK/USDT	$1.8176	$1.8193	0.09%	$7,769,287	0.72%	0.01%	$6,523,731.96	Recently
25	Tensor	TNSR/USDT	$0.9808	$0.9803	-0.05%	$7,698,917	0.71%	0.01%	$4,780,878.23	Recently
26	Saga	SAGA/USDT	$3.6364	$3.6384	0.05%	$7,481,809	0.69%	0.01%	$4,908,580.21	Recently
27	SATS	1000SATS/USDT	$0.0003014	$0.0003013	-0.03%	$6,847,548	0.63%	0.01%	$4,575,861.24	Recently
28	Omni Network	OMNI/USDT	$20.90	$20.95	0.24%	$6,657,593	0.62%	0.01%	$1,815,622.35	Recently
29	Arkham	ARKM/USDT	$2.0677	$2.0690	0.06%	$6,374,155	0.59%	0.01%	$2,141,592.84	Recently
30	LeverFi	LEVER/USDT	$0.003651	$0.003655	0.11%	$6,300,785	0.58%	-0.06%	$10,991,479.13	Recently
31	Conflux	CFX/USDT	$0.254	$0.2542	0.11%	$6,258,788	0.58%	0.01%	$4,312,769.50	Recently
32	Ondo	ONDO/USDT	$0.7987	$0.798	-0.09%	$6,193,662	0.57%	0.01%	$4,763,273.13	Recently
33	Gala	GALA/USDT	$0.04728	$0.04734	0.12%	$6,058,619	0.56%	0.01%	$2,441,386.00	Recently
34	Algorand	ALGO/USDT	$0.2042	$0.2044	0.10%	$6,048,015	0.56%	0.01%	$7,953,300.60	Recently
35	ApeCoin	APE/USDT	$1.2658	$1.2670	0.10%	$5,743,700	0.53%	0.01%	$8,667,102.84	Recently
36	Aptos	APT/USDT	$9.0002	$9.0075	0.08%	$5,483,550	0.51%	0.01%	$4,318,596.13	Recently
37	Jupiter	JUP/USDT	$1.0259	$1.0265	0.06%	$5,369,462	0.50%	0.00%	$5,191,691.86	Recently
38	Bitcoin Cash	BCH/USDT	$476.92	$477.30	0.08%	$5,167,512	0.48%	0.00%	$9,081,148.85	Recently
39	Neo	NEO/USDT	$17.58	$17.60	0.06%	$5,134,725	0.47%	<0.01%	$7,907,408.70	Recently
40	Avalanche	AVAX/USDT	$35.57	$35.58	0.05%	$5,077,243	0.47%	0.01%	$11,135,546.14	Recently
41	SingularityNET	AGIX/USDT	$0.9265	$0.9265	<0.01%	$4,846,489	0.45%	0.01%	$3,013,592.64	Recently
42	Pixels	PIXEL/USDT	$0.4415	$0.4418	0.07%	$4,673,260	0.43%	<0.01%	$4,955,007.70	Recently
43	FLOKI	1000FLOKI/USDT	$0.1836	$0.1839	0.17%	$4,632,710	0.43%	<0.01%	$2,317,616.28	Recently
44	Pendle	PENDLE/USDT	$5.7752	$5.7772	0.03%	$4,564,911	0.42%	0.01%	$925,292.88	Recently
45	Highstreet	HIGH/USDT	$3.4533	$3.4543	0.03%	$4,502,029	0.42%	-0.19%	$3,995,752.26	Recently
46	Starknet	STRK/USDT	$1.1858	$1.1868	0.08%	$4,448,174	0.41%	-0.02%	$4,725,938.41	Recently
47	Toncoin	TON/USDT	$5.4389	$5.4391	<0.01%	$4,408,061	0.41%	0.01%	$4,571,963.06	Recently
48	The Sandbox	SAND/USDT	$0.4645	$0.4648	0.07%	$4,368,024	0.40%	0.01%	$7,485,801.17	Recently
49	Fetch.ai	FET/USDT	$2.2653	$2.2660	0.03%	$4,350,459	0.40%	0.01%	$2,192,743.69	Recently
50	Galxe	GAL/USDT	$4.4162	$4.4198	0.08%	$4,242,106	0.39%	0.01%	$9,230,803.31	Recently

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