Dear Users,

At 7:00 UTC on July 28, 2023 Phemex will be listing the new contract trading pair PENDLE/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.

• PENDLE – Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. With Pendle, users can always maximize their yield: increase yield exposure in bull markets and hedge against yield downturns during bear markets. Learn more at https://www.pendle.finance.

Happy trading!