Dear Phemex Users,
To further optimize our product portfolio and focus resources on services that deliver greater long-term value to users, Phemex will discontinue its On-Chain Earn products for USDT, SOL, ATOM, and HYPE. Subscriptions to these products have been closed as of September 7, 2026.
Discontinuation Schedule
| Product | Subscription Status | Manual Redemption Deadline | Estimated Credit Time |
|---|---|---|---|
| USDT | Closed | September 11, 2026 | Within 14 days |
| SOL | Closed | September 11, 2026 | Within 7 days |
| ATOM | Closed | September 11, 2026 | Within 24 days |
| HYPE | Closed | September 11, 2026 | Within 10 days |
What You Need to Know:
- Users holding USDT, SOL, ATOM, and HYPE On-Chain Earn positions may submit a manual redemption request by September 11, 2026. Following submission, redeemed USDT will be credited to users’ Phemex accounts within 14 days, SOL within 7 days, ATOM within 24 days, and HYPE within 10 days.
- After the manual redemption period ends, any remaining positions will be automatically redeemed by the system. No action is required from users.
- For system-initiated redemptions, redeemed USDT will be credited to users’ Phemex accounts within 14 days after the system initiates the redemption, SOL within 7 days, ATOM within 24 days, and HYPE within 10 days.
If you have any questions, please feel free to contact our Customer Support team at any time.
We appreciate your understanding and continued support.
Phemex Team
