Dear Traders,

Phemex is delisting the MILKUSDT futures trading pairs on December 01, 2025. 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 offline schedule:

- 06:30 UTC on December 01, 2025 – Phemex will only support ReduceOnly orders for the MILKUSDT futures.

- 07:00 UTC on December 01, 2025 – All orders and trading for this trading pair will be closed.

- All positions still open for this pair after 07:00 UTC on December 01, 2025 will be closed based on the asset’s average mark price in the 30-minute time period from 06:30 UTC on December 01, 2025 to 07:00 UTC on December 01, 2025.

If you have active Futures Grid Bots or Futures Martingale or Copy Trading on MILKUSDT, please close them before 07:00 UTC on December 01, 2025. Otherwise, they will be automatically terminated by the system.

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