Dear Users,

Phemex is delisting the XEMUSDT, ORBSUSDT & LOOMUSDT contract trading pairs on December 9, 2024. We encourage users to cancel any pending orders as soon as possible. Additionally, please manage your remaining related assets before the trading pairs are removed.

Here is the delisting schedule:

• 06:30 UTC on December 9, 2024 – Phemex will only support ReduceOnly orders for the XEMUSDT, ORBSUSDT & LOOMUSDT contract.
• 07:00 UTC on December 9, 2024 – All orders and trading for this trading pair will be closed.
• All positions still open for this pair after 07:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 06:30 UTC to 07:00 UTC on December 9, 2024.

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