Dear Traders,

Phemex is delisting the MOGACCUSDT, URMOMUSDT and TRENCHERUSDT pilot futures trading pair on May 12, 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:

• 01:00 UTC on May 12, 2025 – Phemex will only support ReduceOnly orders for the MOGACCUSDT, URMOMUSDT and TRENCHERUSDT pilot futures.

• 01:30 UTC on May 12, 2025 – All orders and trading for these trading pairs will be closed.

• All positions still open for these pairs after 01:30 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 1:00 UTC to 01:30 UTC on May 12, 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