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Phemex delisting LEND perpetual trading

Author: Nicolas Tang

As you may be aware, the migration from LEND to AAVE has started! If you want to find out more about the vote, migration or staking read this post by the Aave blog on Medium.

The Phemex team is going to delist LEND perpetual contract trading. We encourage users to stop trading and close open positions as soon as you can.

Here is the delisting schedule:

* At 2020/10/10 2:00 PM (UTC), Phemex will only support CloseOnTrigger or ReduceOnly orders. All other user orders will be rejected. Therefore users will not be able to open new positions, only close positions. To send such orders from web GUI or mobile Apps, please check the Reduce-Only option to send an order. Or close the position directly from the OpenPositions panel.

* At 2020/10/11 3:00 AM (UTC), Phemex will officially delist LEND perpetual contract trading. Any open position will be closed at mark price at that time.

Please contact for further questions.

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