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Onchain Portal Onchain Trade Onchain Derivatives
MultiChain-Power Alpha Meme

MultiChain-Power Alpha Meme

Trade Alpha Onchain Assets Gas-Free from Your Exchange Account
No DeFi Wallet Needed

No DeFi Wallet Needed

Seamless onboarding with no DeFi wallet needed
Unified Spot & Futures Access

Unified Spot & Futures Access

Access Both Spot and Futures Markets In One Convenient Platform
Zero Gas, Full Speed

Zero Gas, Full Speed

Enjoy fast transactions with USDT only with no gas fees or blockchain delays

🔥Trading Onchain Tokens

AI Picked
New Listing
All
Base
Solana
BSC
All
  • All
  • Base
  • Solana
  • BSC
View All >
Bought
$8.69
USOR
Bought
$14.95
USOR
Sold
$5.69
Fartcoin
Bought
$16.2
WAR
Sold
$143.76
USOR · Earned
+98.36%
Sold
$21.6
WAR · Earned
+0.01%
Sold
$4.32
USOR · Earned
+2.02%
Bought
$4.33
$COPPER
Bought
$100
$COPPER
Sold
$8.89
USOR · Earned
+28.43%
Bought
$8.69
USOR
Bought
$14.95
USOR
Sold
$5.69
Fartcoin
Bought
$16.2
WAR
Sold
$143.76
USOR · Earned
+98.36%
Sold
$21.6
WAR · Earned
+0.01%
Sold
$4.32
USOR · Earned
+2.02%
Bought
$4.33
$COPPER
Bought
$100
$COPPER
Sold
$8.89
USOR · Earned
+28.43%
Bought
$8.69
USOR
Bought
$14.95
USOR
Sold
$5.69
Fartcoin
Bought
$16.2
WAR
Sold
$143.76
USOR · Earned
+98.36%
Sold
$21.6
WAR · Earned
+0.01%
Sold
$4.32
USOR · Earned
+2.02%
Bought
$4.33
$COPPER
Bought
$100
$COPPER
Sold
$8.89
USOR · Earned
+28.43%
Bought
$8.69
USOR
Bought
$14.95
USOR
Sold
$5.69
Fartcoin
Bought
$16.2
WAR
Sold
$143.76
USOR · Earned
+98.36%
Sold
$21.6
WAR · Earned
+0.01%
Sold
$4.32
USOR · Earned
+2.02%
Bought
$4.33
$COPPER
Bought
$100
$COPPER
Sold
$8.89
USOR · Earned
+28.43%

High Win Rate Trader Recommendations

ra***0@**.com
2026-01-29 10:45:59
24H PNL
+914.66%
+$24.62
chain icon
BP
$0.0107769
wheels2
2026-01-28 22:49:01
24H PNL
+186.96%
+$109.51
chain icon
USOR
$0.0199196
th***8@**.com
2026-01-28 21:49:52
24H PNL
+111.01%
+$63.86
chain icon
USOR
$0.0199196
bs***h@**.com
2026-01-29 17:33:52
24H PNL
+98.36%
+$71.28
chain icon
USOR
$0.0199196
da***n@**.com
2026-01-29 08:49:24
24H PNL
+46.78%
+$20.5
chain icon
$COPPER
$0.0₁₁177693
mk***9@**.com
2026-01-29 16:33:19
24H PNL
+39.13%
+$0.57
chain icon
WAR
$0.0139683

🎯Trading Onchain Alpha with Leverage

AI Picked
New Listing
All
Solana
BSC
All
  • All
  • Solana
  • BSC
View All >
meme empty
No data yet..
No tokens are currently listed or available for display.

Boost Your Portfolio with Smart Money

ma***m@**.com
Total PNL
+130.68%
TROLLUSDT
Short
2.00X
Avg. Entry Price
0.0183
Current Price
0.0303
co***5@**.com
Total PNL
+120.18%
TROLLUSDT
Short
3.00X
Avg. Entry Price
0.0227185
Current Price
0.0318
ja***3@**.com_1718549764025
Total PNL
+103.03%
TROLLUSDT
Short
3.00X
Avg. Entry Price
0.0213482
Current Price
0.0286
hu***4@**.com
Total PNL
+82.09%
TROLLUSDT
Short
2.00X
Avg. Entry Price
0.0244033
Current Price
0.0344
hu***d@**.com
Total PNL
+71.18%
HOUSEUSDT
Long
2.00X
Avg. Entry Price
0.002
Current Price
0.001
co***4@**.com
Total PNL
+64.50%
TROLLUSDT
Short
2.00X
Avg. Entry Price
0.0183133
Current Price
0.0242

Frequently Asked Questions

1. What is Phemex Onchain?

Phemex Onchain is our all-in-one meme coin trading ecosystem that bridges centralized and decentralized trading experiences. It features three core components: Unlike traditional CEX trading, Phemex Onchain connects directly to blockchain networks such as Solana, Base, BNB Smart Chain (BSC), and Ethereum (Onchain Trade will support Ethereum chain soon…). This allows users to access new tokens the moment they launch, often before they’re listed on major exchanges.
- Onchain Portal – your entry point to discover trending meme coins
- Onchain Trade – spot trade on-chain tokens across multiple blockchains
- Onchain Derivatives – leveraged and futures trading for meme coins
You can explore this ecosystem via our Onchain Meme Trading Platform or try leveraged meme coin trading with our Onchain Derivatives.

2. Can I Trade Phemex Onchain Tokens Without a Web3 Wallet?

Yes, definitely — this is one of Onchain Trade product’s key advantages. There's no need to set up MetaMask, Phantom, or any external wallet. Everything operates seamlessly through your existing Phemex account, using USDT directly from your spot wallet.
Simply deposit USDT into your Phemex account, and you’re ready to start trading any supported meme coin instantly. We take care of all blockchain interactions, gas fees, and wallet management behind the scenes, thereby eliminating the most common trading barriers for catching early meme coin opportunities.

3. What is the difference between on-chain and off-chain trading?

Off-Chain Trading (Traditional CEX):
In off-chain trading, transactions are executed outside of the blockchain on Phemex’s internal ledger. This approach offers high speed and low transaction costs, making it ideal for efficient trading. However, it is limited to the tokens that are already listed on the exchange.
Onchain Trading (MemeX):
With on-chain trading, transactions are processed directly on blockchain networks such as Ethereum, Solana, Base, and BNB Smart Chain. This provides enhanced transparency and decentralization, though it may involve higher fees and slower execution. The key advantage is unrestricted access to any token available on these networks, including newly launched and trending meme coins.
Onchain Trading(MemeX) offers the best of both worlds:
It combines the simplicity and convenience of CEX trading, such as no external wallet required USDT-based trading, with the limitless token access of decentralized, on-chain trading. Trade any token, anytime, with just your Phemex account.

4. How to withdraw funds from Onchain?

Withdrawing from Onchain Trade (MemeX) is simple and seamless:
- Sell to USDT: Easily convert your meme coin holdings back into USDT directly within the Onchain platform.
- Standard Withdrawal: Use Phemex’s regular withdrawal process to transfer USDT to your external wallet or linked bank account.
- Internal Transfers: Move USDT freely between your Onchain trading account and other Phemex products such as Spot, Futures, and Earn.
All trades on MemeX settle in USDT, eliminating the need to manage multiple tokens or navigate complex withdrawal procedures across different cryptocurrencies.

5. Why is Onchain Trade(MemeX) better than using DEXs directly?

- No Wallet Management: Trade directly from your CEX account
- Better Pricing: Aggregated liquidity from multiple sources to ensure optimal prices
- Professional Tools: Advanced charting, risk management, and derivatives capabilities
- Customer Support: 24/7 assistance whenever you need help

6. What chains does Onchain Trade (MemeX) support?

Currently Supported Networks: Solana, Base, BNB Smart Chain (BSC). Onchain Trade is also planning to support Ethereum chain soon.
We continuously evaluate and add new networks based on emerging trends in the meme coin ecosystem. Solana is currently the leading platform for new token launches, while Ethereum remains the primary network for well-established meme coins.

7. Can I use leverage on meme coins?

Yes, this is made possible through our Onchain Derivatives module—Phemex is the first major exchange to offer dedicated leverage and futures products specifically for meme coins. You can take long or short positions with leverage, or strategically use derivatives to hedge your spot holdings during periods of high volatility.

8. What are the trading fees?

- Service Fee: 1% per trade, based on 1% of trading value before the fee. Deducted from USDT - Network Fees: Dynamic gas fees adjusted according to blockchain congestion - Transparent Pricing: No wallet connection fees, bridge fees, or additional transaction charges. No hidden fees - You can also check out all the details here.

9. Is Onchain Trade(MemeX)&Onchain Derivatives safe to use?

All the on-chain product modules employ the same institutional-grade security measures as the main Phemex exchange, including multi-signature cold storage, Merkle-tree proof of reserves, and continuous 24/7 monitoring. By trading directly through your Phemex account without needing to connect external wallets, you mitigate common DeFi risks such as wallet drainers and malicious smart contracts.

10. What if a meme coin I bought gets rugged or goes to zero?

Trading meme coins carries inherent high risks. Although our AI screening system helps identify and filter out obvious scams, any meme coin can experience rapid and significant value fluctuations. We strongly recommend that you:
- Never invest more than you can afford to lose
- Diversify your investments across multiple positions

11. How do I know which meme coins to trade?

MemeX offers a suite of powerful tools to enhance your trading experience:
- AI Screening: Automated recommendations driven by advanced data analysis
- Trending Lists: Real-time monitoring of volume and price movements
- Social Indicators: Metrics tracking community engagement and viral potential
- Thematic Filters: Easily discover coins by category, such as dog coins, AI tokens, and more

12. Can I copy other traders' strategies?

Currently, no! But we will offer social trading features that allow you to follow/copy successful meme coin traders and replicate their positions. This functionality is especially valuable for newcomers seeking to learn while actively trading.

13. How does the AI coin screening work?

Our AI continuously analyzes a wide range of real-time data points including trading volume spikes, social media activity, whale transactions, liquidity shifts, and historical patterns of successful meme coins. Rather than simply highlighting tokens that are already trending, it identifies early signals that often precede major price movements so that you can spot promising opportunities before they go viral.

14. How fast are trades executed?

On-chain trade execution times vary based on network conditions, with typical speeds as follows:
- Solana: 1–2 seconds
- Base: 3–5 seconds
- BSC: 5–10 seconds
We optimize routing and leverage multiple RPC endpoints to deliver the fastest possible execution times.

15. Does Onchain Trade support limit orders for meme coins?

Currently no, but we are planning to support both market and limit orders in the future. Due to the high volatility of meme coins, limit orders are particularly valuable for capturing dips or securing profits at target prices, even when you’re not actively monitoring the markets.
More information on the risks associated with using the Phemex Onchain Service is set out in our Risk Warning.
To see and read more details about the Phemex Onchain Disclaimer.