Dear Users,

On November 15, 2022 Phemex will be delisting the RAYUSD and SRMUSD perpetual contract trading pairs. We encourage users to stop trading and close open positions as soon as you can.

Here is the delisting schedule:

• 3:00 UTC on Nov. 15, 2022 – Phemex will only support ReduceOnly orders for RAYUSD and SRMUSD
• 3:30 UTC on Nov. 15, 2022 – All orders and trading for these two trading pairs will be closed.
• All positions still open for these two trading pairs after 03:30 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 03:00 UTC to 03:30 UTC on Nov. 15

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

The Phemex Team