Dear Users,

At 10:00 UTC on December 12, 2023 Phemex will be listing the new contract trading pair JTO/USDT. 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.

JTO/USDT – Jito is the liquid staking service for Solana that distributes MEV (maximum extractable value) rewards to holders. Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana. Learn more at https://www.jito.network/.

Happy Trading!

The Phemex Team