Dear Users,

Today, we approach you with important news regarding refinements to our Phemex VIP Program, set to take effect on April 9, 2024. These adjustments are part of our ongoing commitment to maintain the integrity and premium status of our VIP experience.

Please take a moment to familiarize yourself with the key updates:

*All recent changes are highlighted with a blue background.

Note: for Asset Balance and vePT Balance, if the trading volume from API trading or spot trading volume exceeds 10%, the associated benefits of these rules will not be applicable. Institutional clients are not eligible to receive the benefits outlined in these rules.

We recognize that these changes may require some adjustments to your current trading strategies. The new VIP system remains highly competitive, offering the lowest threshold for VIP status available in the market. Rest assured, our customer support team is at your service to help navigate these new waters and answer any questions you might have about the upcoming transition.

We are grateful for your continued support and understanding as we evolve our services to better serve you. Your active participation in the Phemex community is invaluable to us, and we are dedicated to ensuring that our partnership continues to be mutually beneficial.

Thank you for being a part of the Phemex community!

Warm regards

The Phemex Team