Dear Users,

At 10:00 UTC on June 30, 2026, Phemex will be listing the new futures trading pair SQQQUSDT.

This futures pair is linear USDT-margined and supports hedge mode, which allows you to keep both a long and short position at the same time.

Tick size: 0.01

Max Leverage: 10X

For more information about the tokens, please refer to: https://coinmarketcap.com/currencies/proshares-ultrapro-short-qqq-derivatives/

Please be advised:

Based on market risk conditions, Phemex may adjust the parameters of the aforementioned futures at any time, including but not limited to the funding rate caps and settlement frequency, tick size, risk limits, and other key parameters, in order to better and more promptly reflect market conditions. Such updates may be made at any time in response to market movements without prior notice.

Happy Trading

The Phemex Team