Dear users,

Phemex will support the Ethereum blockchain network’s planned Shapella upgrade, which will take place at epoch 194,048 at approximately 22:27 UTC on April 12. Due to this upgrade, deposits and withdrawals for ETH, OP, ARB, and ERC-20 tokens on the Ethereum, Optimism, and Arbitrum networks will be temporarily suspended starting around 22:00 UTC on April 12. The trading of these assets will not be impacted during this time. Deposit and withdrawal services will be reopened as soon as we deem the upgraded Ethereum network to be stable, and users will be notified.

Thank you for your support and understanding.

Phemex Team