VIP levels are calculated automatically at 01:00:00 UTC every day. The new VIP level with its corresponding fee ratio is applied at 03:00:00 UTC every day. VIP levels are issued to primary and sub-accounts separately. A single user can have different levels across sub-accounts . VIP levels are based on rolling 30 -day trading volumes which include both maker and taker transactions.
Perpetual Market Maker Program
Institutional accounts that are approved Phemex Market Makers will enjoy a variety of benefits as well.
*1 bps = 0.01%
1. Higher rate limits per account based on tier levels. Up to 1000 requests/min.
2. Dedicated support team and group chat access.
3. Automatic placement in the VIP program with its corresponding trading fee discounts.
4. Additional periodic bonuses and discounts (announced separately).
1. Contract trading requirements apply to each trading account. Spot trading requirements apply to each UID.
2. Account must have minimal placement on each side of the order book for at least 70% of the time. Check the definitions of minimal placement for different symbols.
3. Both sides must have placement at the same time.
4. Must satisfy minimal market making volume requirements. Phemex evaluates this every 14 days.
5. Must satisfy minimal DMM score required for each tier. Phemex evaluates this every 14 days.
* Phemex takes snapshots of the order books every second.
Apply to Become a Phemex Institutional Account Holder Now
*Country or Region
How did you hear about Phemex?
Note: You can also choose to apply by emailing email@example.com or contacting your BD representative.
INVESTING INHERENTLY INVOLVES RISKS, DO SO AT YOUR OWN RISK.
THIS PHEMEX RISK WARNING ILLUSTRATES POTENTIAL RISKS THAT YOU MAY FACE WHILE USING PHEMEX.COM AND ALL OF ITS ASSOCIATED SERVICES, AND AIMS TO HELP YOU EVALUATE AND DETERMINE YOUR OWN CAPABILITIES. PLEASE MAKE SURE THAT YOU CAREFULLY READ AND FULLY UNDERSTAND THE TERMS, ARTICLES AND/OR CONDITIONS OF THIS PHEMEX RISK WARNING.
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