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Phemex has announced the listing of a new linear USDT-margined futures contract, MSTRUSDT, which allows users to trade Strategy ($MSTR) with up to 10× leverage.
Phemex has introduced a new futures trading pair, MSTRUSDT, which allows users to trade Strategy ($MSTR) with leverage of up to 10×. The contract is a linear, USDT-margined perpetual, supports hedge mode for holding both long and short positions, and features a tick size of 0.01 USDT.
The exchange has set the official listing time for 10:00 UTC on February 6, 2026, according to its announcement channel.
Phemex is a cryptocurrency exchange that offers spot and contract trading in a wide range of digital assets, including Bitcoin, Ethereum, and USDT, with the sole fiat currency supported being the US dollar. The platform features low fees, up to x100 leverage on contracts, a demo account, educational resources with crypto rewards, and investment programs with variable yields. For more information, see the broker profile on Traders Union.
In our earlier news, we reported on Phemex's launch of the TradFi trading module, which enables users to trade traditional assets like stocks and commodities alongside crypto on a single platform. For more details, see the previous Phemex update on Traders Union.