Dear Traders,
We are excited to announce the launch of Season 2 of the Phemex Lending Protocol, a feature designed to maximize your earnings and maximize the potential of your assets. Building on its core mission to offer the lowest borrowing rates available in the industry, this season also brings you the opportunity to supply funds to our lending pool and earn real-time APY.
Key benefits you shouldn't miss out on:
- Lowest Borrowing Rates: Dive into the market with USDT borrowing rates starting at a remarkable 3.57% annually – compared to the 10%+ rates of our competitors!
- VePT Holder Perks: Embrace the exclusivity of being a VePT holder and enjoy an additional 30% discount on your borrowing rates,
- Smart Partial Liquidations: Navigate market volatility with confidence, thanks to Partial Liquidations, where only a fraction of your collateral is liquidated to bring your LTV back to a safe level, protecting your principal from full exposure.
Phemex stands out with its unrivaled borrowing rates and premium APYs for investors, serving as the robust financial hub within your reach. If your goal is to expand your assets or obtain financing without liquidating your investments, Phemex Lending Protocol offers the safety and adaptability you seek.
Make sure to update your Phemex app to version 5.5.11 to access the Phemex Lending Protocol from the app!
For more information, please check our Help Center article.
Happy Trading!
The Phemex Team
