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Announcements > News > [Initial Listing] New Contract Listing - RED >

[Initial Listing] New Contract Listing - RED

Author: Silvia Date: 2025-03-06 09:30:05

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Dear Users,

At 13:10 UTC on March 6, 2025 Phemex will be listing the new contract trading pair REDUSDT. This contract pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

RED - RedStone Is The fastest-growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+. Learn more at: https://www.redstone.finance/

USDT-M Perpetual Contract

REDUSDT

Launch Time

2025-3-6 13:10 (UTC) 

Tick Size

0.0001

Max Leverage

50X

Happy Trading

The Phemex Team

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