Dear Traders,
Phemex is delisting the LEVERUSDT and FUNUSDT futures trading pairs on July 1, 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 July 1, 2025 – Phemex will only support ReduceOnly orders for the LEVERUSDT and FUNUSDT futures.
-
07:00 UTC on July 1, 2025 – All orders and trading for this trading pair will be closed.
-
All positions still open for this pair after 06:30 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 06:30 UTC to 07:00 UTC on July 1, 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