Dear users,
On April 27, 2023, Phemex will adjust our contract risk limits for 37 additional contract trading pairs. The contracts pairs being impacted are:
- JOE/USDT
- ALICE/USDT
- HOOK/USDT
- BAT/USDT
- BNX/USDT
- FLOW/USDT
- GAL/USDT
- RNDR/USDT
- ENS/USDT
- GTC/USDT
- ALGO/USDT
- LRC/USDT
- ARPA/USDT
- QNT/USDT
- AR/USDT
- ONE/USDT
- ASTR/USDT
- LIT/USDT
- WOO/USDT
- FXS/USDT
- AUDIO/USDT
- ID/USDT
- JASMY/USDT
- LUNA2/USDT
- LQTY/USDT
- BAKE/USDT
- COCOS/USDT
- TRU/USDT
- SSV/USDT
- MAGIC/USDT
- PEOPLE/USDT
- PERP/USDT
- NKN/USDT
- OMG/USDT
- ICX/USDT
- ZIL/USDT
- ACH/USDT
We impose risk limits to help clients manage their risks. As our users grow more professional, we adjust the risk limit to allow more flexibility and better user experience.
For the above 37 contracts, here are our newly adjusted risk limits:
| Previous Position Limit | New Position Limit |
| 50,000 | 25,000 |
| 75,000 | 37,500 |
| 100,000 | 50,000 |
| 125,000 | 62,500 |
| 150,000 | 75,000 |
| 175,000 | 87,500 |
| 200,000 | 100,000 |
| 225,000 | 112,500 |
| 250,000 | 125,000 |
| 275,000 | 137,500 |
| 300,000 | 150,000 |
| 325,000 | 162,500 |
We hope you all like the new adjustments, manage your trades accordingly and enjoy trading!
Phemex Team
For any inquiries contact us at support@phemex.zendesk.com
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