Dear Users,

At 10:00 UTC on March 5, 2024 Phemex will be listing the new contract trading pairs TONUSDT and AXLUSDT. These contract pairs are linear USDT-margined and support hedge mode, which allows you to keep both a long and short position at the same time.

TON – Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network". Learn more at https://ton.org/.

AXL – Axelar is the programmable Web3 interoperability platform, scaling the next generation of internet applications to billions of users. Learn more at https://axelar.network/. 

Happy Trading

The Phemex Team