Phemex

Phemex is a centralized crypto exchange known for perpetual futures. A team of former Morgan Stanley executives, led by Jack Tao, founded it in Singapore in 2019. This page tracks Phemex trading volume, its markets and its coin list in real time, compared with the top crypto exchanges.

Where is Phemex located?

Phemex is registered in Singapore and serves users in more than 200 countries. It does not serve the United States and some other countries.

What coins can you trade on Phemex?

Phemex lists hundreds of coins for spot trading and USDT- and coin-margined perpetual futures with leverage up to 100x. See all coins listed on Phemex and the new listings on Phemex. Copy trading and trading bots are also available.

What are the Phemex fees?

Spot fees start at about 0.10%. Futures fees start at 0.01% maker and 0.06% taker, with lower rates for VIP and premium members.

Is Phemex safe?

In January 2025 hackers stole more than $70 million from Phemex hot wallets. The exchange said it would cover user losses and restored withdrawals. It publishes proof-of-reserves data.

Phemex compared with other exchanges

Phemex competes with Bybit trading volume and Bitget trading volume for futures traders.

Want to trade? Sign up on Phemex.