Phemex unveils SpaceX pre-market perpetual futures and TradFi Pizza Day Festival

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Emilio Ghigini

1 hour ago

Phemex unveils SpaceX pre-market perpetual futures and TradFi Pizza Day Festival — Phemex launches SpaceX futures, trading event

Phemex announced the launch of SPCXUSDT, a pre-market perpetual futures contract offering 24/7 trading exposure to SpaceX’s secondary-market valuation ahead of its anticipated IPO. The launch coincides with a promotional event for traders on the platform.

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Phemex has launched SPCXUSDT, a pre-market perpetual futures contract that tracks SpaceX’s secondary-market valuation, providing 24/7 trading exposure ahead of the anticipated IPO. This contract allows users to take both long and short positions on SpaceX’s valuation and is part of Phemex’s TradFi product suite, which aims to integrate traditional financial assets into its crypto platform.

The launch is accompanied by the $200,000 TradFi Pizza Day Festival, running from May 19 to June 1. The promotion includes a task-based reward pool, a competitive leaderboard for TradFi products, and loss protection for eligible first-time participants during the event period. According to Phemex, the initiative addresses demand for continuous access to traditional asset markets and follows earlier launches of TradFi-linked products.

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How to participate

To join the $200,000 TradFi Pizza Day Festival promotion on Phemex, users should register on the Phemex platform between May 19 and June 1 via the official sign-up link. After registering, trade eligible TradFi products such as SPCXUSDT futures or other listed contracts. Completing the required tasks and participating in trading during the event period may qualify users for a share of the reward pools and potential leaderboard prizes. First-time TradFi traders on Phemex during the promotion may receive loss protection on their initial trade, according to the event terms.

Phemex is a cryptocurrency exchange platform offering spot and contract trading with a wide range of cryptocurrencies and tokens, including Bitcoin, Ethereum, and Tether. The platform features low trading fees, leverage up to x100 for contracts, demo accounts, educational resources, and both flexible and fixed investment options. For further details, see the broker profile on Traders Union.

Earlier, we reported on Phemex's 'AI Trader Giveaway,' a campaign offering users the chance to win USDT bonuses for engaging with AI-powered copy trading. For more details, see our previous Phemex update on Traders Union.

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