Six years ago, 47 early traders chose to trust a platform that was still finding its voice. They weren’t promised the biggest rewards or the widest range of assets. What they found was something simpler and more powerful, a platform built to serve real traders with fairness, speed, and clarity.
Today, more than 10 million people choose Phemex. This milestone reflects years of collaboration with a community that pushed us to improve, challenged us to grow, and shaped what this platform has become.
To everyone who traded with us, shared feedback, or introduced Phemex to someone new, thank you. None of this happens without you.
A Platform Shaped by Its Community
Phemex began with a single offering of reliable derivatives trading. That focus helped define our early identity, but it was the community that revealed what needed to come next.
Across chats, groups, markets, and regions, traders made their needs clear. New users wanted a simple way to start, so spot markets expanded. More advanced users sought steady yield during quieter periods, which guided the evolution of Earn products. Regions facing high deposit fees and limited access needed easier onramps, leading to meaningful improvements in fiat gateways.
Every major shift in the platform was sparked by real people using it every day. Bit by bit, Phemex grew from a single product into a wider ecosystem built around community needs.
The Meaning of "User First"
As the platform grew, we had to choose between chasing flashy ideas or strengthening foundations. Build what's trending or invest in what lasts.
We consistently chose the path that improved the trading experience. That approach became the core of our “user first” philosophy. It guides how we build, how we scale, and how we prioritize new features.
Ten million traders choosing Phemex is the clearest expression of what this philosophy has meant in practice.
2025: A Year Defined by Momentum
We opened the year with 6 million users and crossed 10 million before November. Spot volume rose 122%. Futures activity increased 26%. Uptime held at 99.99%.
Behind these numbers was one of the most important engineering periods in our history. Early in the year, our teams began upgrading key systems while the platform remained fully live. A new security framework, redesigned wallet architecture, enhanced monitoring, and stronger global backups were introduced without interrupting ongoing activity.
When market volatility surged in September, the platform absorbed the pressure smoothly. The work invested throughout the year showed its value in a single moment.
Looking Ahead to Year Seven
The next chapter for Phemex follows the same principle that shaped the first six years, staying focused on what helps real traders move with confidence.
Infrastructure will continue strengthening with added capacity, smarter monitoring tools, regular audits, and deeper transparency across core systems.
Trading Experience will become faster and more intuitive, with clearer insights, better alignment between spot and derivatives, and refinements shaped directly by how traders use the platform every day.
Products will keep expanding based on real demand, including new listings, more Earn opportunities, improved access for different regions, and partnerships that offer practical value.
Education will focus on clarity and confidence, with simpler explanations, better guidance, and resources designed to help new traders grow.
Each of these priorities aims to make Phemex a place where trading feels smoother, safer, and more empowering for everyone who chooses to be here.
Thank You for Being Part of This Journey
Phemex grew from 47 traders to more than 10 million because the community helped build it. Every suggestion, every correction, every message, every moment you chose Phemex contributed to the direction of the platform.
As we move into year seven, our focus remains exactly where it started: on stability, clarity, and a platform shaped by the needs of its users.
Thank you for your trust and your partnership.
Our anniversary campaign runs until December 19 with 6 million dollars in rewards across Spot, Futures, Earn, Fiat, and Referral activities.





