Dear Users,
In order to increase market liquidity and improve trading experience, Phemex will be adjusting the tick size (minimum change in unit price) for 27 contract trading pairs on November 11, 2022. All 27 are linear, USD-margined contract pairs. The adjustments will be as follows:
| Contract Trading Pair | Old Tick Size | New Tick Size |
| FTTUSD | 0.01 | 0.0001 |
| APTUSD | 0.001 | 0.0001 |
| 1000LEVERUSD | 0.001 | 0.0001 |
| 1000SPELLUSD | 0.001 | 0.0001 |
| THETAUSD | 0.001 | 0.0001 |
| KNCUSD | 0.001 | 0.0001 |
| KAVAUSD | 0.001 | 0.0001 |
| 100000SHIBUSD | 0.001 | 0.0001 |
| MATICUSD | 0.001 | 0.0001 |
| ETCUSD | 0.01 | 0.001 |
| AVAXUSD | 0.01 | 0.001 |
| MTLUSD | 0.001 | 0.0001 |
| ZENUSD | 0.01 | 0.001 |
| FILUSD | 0.01 | 0.001 |
| GMTUSD | 0.001 | 0.0001 |
| LPTUSD | 0.01 | 0.001 |
| SANDUSD | 0.001 | 0.0001 |
| NEOUSD | 0.01 | 0.001 |
| 100JASMYUSD | 0.001 | 0.0001 |
| GALUSD | 0.005 | 0.0001 |
| SRMUSD | 0.001 | 0.0001 |
| AXSUSD | 0.01 | 0.001 |
| WAVESUSD | 0.01 | 0.001 |
| IMXUSD | 0.001 | 0.0001 |
| ICPUSD | 0.01 | 0.001 |
| CTKUSD | 0.001 | 0.0001 |
| 100IOSTUSD | 0.001 | 0.0001 |
We hope you all like the new adjustments, manage your trades accordingly and enjoy trading!
Phemex Team
For any inquiries contact us at support@phemex.zendesk.com
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