Dear Users,

At 10:00 UTC on March 9, 2023 Phemex will be listing TRU/USDT and PERP/USDT as new linear contract trading pairs that are all USDT-margined.

• TRU/USDT – TrueFi is a protocol for creating interest-bearing pools with a high APR for liquidity providers. TrueFi includes utility and rewards mechanisms using TrustTokens (TRU) and rewards participants for maintaining stable, high APRs. Learn more at https://truefi.io/
• PERP/USDT – Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others. Learn more at https://perp.com/

Both these trading pairs support hedge mode, allowing you to keep a long and short position at the same time. Doing so enables more advanced trading strategies to mitigate losses while requiring a lower margin outlay.

Happy Trading!

Phemex Team