Dear Users,

Phemex will support the Optimism (OP) network upgrade and hard fork, planned to take place at 16:00 UTC on June 6, 2023.

Details are as follows:

• Deposits and withdrawals of OP will be temporarily suspended on Phemex starting at 15:30 UTC on June 6, 2023
• OP trading (spot and contract) will not be impacted during the network upgrade
• This upgrade and hard fork will not result in new tokens being created
• Once the upgraded network is deemed to be stable and secure, we will resume deposit and withdrawal services

Appreciate your understanding as we work to support the development of the wider crypto ecosystem.

Phemex Team