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Fee Slasher - $50,000 Prize Pool

Author: Alan W.

Dear Phemexers,

Our contract trading fees have recently changed and now our taker fees have been reduced to just 0.06%!  To celebrate these lower fees, we’re hosting this special Fee Slasher event in which not only will you be able to enjoy the updated fee structure, you can also get a 50% rebate on all your contract trading fees! We’re giving away a maximum of $50,000 in fee rebates, so hurry and contract trade during the campaign period to take advantage.

How It Works

  1. Register and create a Phemex account if you don’t have one already
  2. To enter, participants need to enter their UID on this google form 
  3. Now simply contract trade during the campaign period and you’ll be able to enjoy 50% rebate on contract trading fees until the total prize pool gets depleted


  • Stage 1 (Campaign Period): August 24 – September 7, 2022
  • Stage 2 (Notification of Winners):September 7 – September 21, 2022
  • Stage 3 (Prize Distribution): September 21 – October 5, 2022

Prize Pool – $50,000 (First-come, First-serve)

  • A total of $50,000 will be given back as rebates on your contract trading fees accumulated during the campaign period. This prize pool is depleted on a first-come, first-serve basis

Terms and Conditions

  • To qualify for this event you must enter your Phemex UID via the google form
  • 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 contract trade within the campaign period.
  • To receive rewards, users must ensure they have provided an accurate Phemex UID that is identical to their email.The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
  • Only main-accounts are allowed in this competition, sub-accounts will not be counted.
  • Phemex reserves the right to make any final and binding amendments to these rules.

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