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ETH Merge Celebration – 20,000 USDT and Vouchers Galore

Author: Alan W. Date: 2022-09-16 08:40:46

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Dear Users,

Hurray! As of today, the long-awaited Ethereum Merge has finally completed. This marks a seminal moment in the history of cryptocurrency and is certainly a cause for celebration. That’s why we’re giving away up to $200 in vouchers to every user, plus an additional 20,000 USDT prize pool! All you need to do is trade ETHUSD contracts (both linear or inverse contracts count) during the campaign period to enjoy the goodies.

How It Works

  1. Register for a Phemex account if you don’t have one already
  2. Fill out your UID on this google form
  3. Trade both ETHUSD ETH-margined inverse contract and ETHUSD USD-margined linear contract to qualify for event rewards! More details on rewards below


To be eligible for the rewards, make sure you fill in your UID in the Google Form above, then trade ETHUSD contracts on Phemex.

  • Campaign period: 0:00 UTC on 16 September to 24:00 UTC on 23 September, 2022
  • Prize Calculation: September 24 to October 7, 2022
  • Prize Distribution: October 8 to October 15, 2022

Prize Pool – 20,000 USDT + Cashback Vouchers

Prize Pool 1 – Up to $200 voucher for each user

  • During the campaign period, if your ETHUSD contract trading volume reaches certain thresholds, you’ll win a cashback voucher (usable for both spot and contract)
    • Get $10 voucher when trading volume reaches $200
    • Get $50 voucher when trading volume reaches $1,000
    • Get $200 voucher when trading volume reaches $5,000

Prize Pool 2 – 20,000 USDT (prize share)

  • During the campaign period, your ETHUSD contract trading PnL will be measured and you’ll receive 1 prize share ticket for every $200 in positive PnL you achieve.
  • For example, if you achieve a total of $2100 in PnL on ETHUSD contract pairs, you will receive 10 prize share tickets (2100/200 = 10.5, round down to whole number)
  • The maximum number of prize share tickets a single user can earn is 20
  • At the end of the campaign period, the 20,000 USDT prize pool will be equally split across all tickets. So the more tickets you have, the greater your share!

Terms and Conditions

  • Each user can win up to $200 in vouchers from this event, as well as receive up to 20 prize share tickets.
  • To qualify for this event, you must complete required actions from the announcement page.
  • Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
  • This promotion is available for only users who trade within the campaign period.
  • The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
  • After the campaign period ends, we will update the Reward Recipient List here
  • Only main-accounts are allowed in this competition, sub-accounts will not be counted.
  • Users in the following regions/countries India, Venezuela, Indonesia, Bangladesh, Pakistan, Philippines and Vietnam are eligible to participate or receive vouchers from the event only if they meet a requirement of $100 USD worth of trade on Phemex during the campaign period. 
  • Phemex reserves the right to make any final and binding amendments to these rules.

For any inquiries contact us at
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