Dear Traders,

Phemex will support the ticker rename of PUMP to PUMPBTC. At 10:00 (UTC) on June 5, 2025, Phemex will delist the PUMP/USDT spot/futures trading pairs and cancel all pending trading orders. Phemex will issue a separate announcement about the launch of the renamed PUMPBTC once the exact schedule has been determined.

Here are the delisting details:

Token Swap and Rebranding

PUMP tokens will assume the ticker of PUMPBTC tokens on Phemex

All PUMP tokens will be swapped to PUMPBTC at a ratio of 1 PUMP = 1 PUMPBTC.

Deposits and Withdrawals

On June 5, 2025 at 10:00 (UTC), deposits and withdrawals of PUMP tokens will be suspended. Please ensure that you leave sufficient time for your PUMP token deposits to be fully processed prior to this time. After the event is complete, deposits and withdrawals of PUMP tokens will no longer be supported.

Spot Delisting

On June 5, 2025 at 10:00 (UTC), All pending spot trade orders will be automatically removed after the delisting time.

Futures Delisting 

• 09:30 UTC on June 5, 2025 – Phemex will only support ReduceOnly orders for the PUMPUSDT futures.

• 10:00 UTC on June 5, 2025 – All orders and trading for this trading pair will be closed.

• All positions still open for this pair after 10:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 09:30 UTC to 10:00 UTC on June 5, 2025.
  

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