Dear Traders,

Phemex is delisting the REEFUSDT contract trading pair on January 22, 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 January 22, 2025 – Phemex will only support ReduceOnly orders for the REEFUSDT contract.

• 07:00 UTC on January 22, 2025 – All orders and trading for this trading pair will be closed.

• All positions still open for this pair after 07:00 UTC will be closed based on the asset’s average mark price in the 30-minute time period from 6:30 UTC to 07:00 UTC on January 22, 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