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Phemex has announced the availability of futures trading for SKHY (SK Hynix) and other AI-related stock futures, with the SKHYUSDT contract offering USDT margining, hedge mode, and up to 10× leverage.
Phemex has announced the launch of a new SKHYUSDT linear futures contract, which became available for trading at 10:00 UTC on July 13, 2026. This contract is USDT-margined, supports hedge mode to allow concurrent long and short positions, offers up to 10× leverage, and has a tick size of 0.01.
According to the announcement, other AI-related stock futures are also available on the platform. Phemex noted that parameters such as funding rate caps, settlement frequency, tick size, and risk limits may be adjusted at any time in response to market risk conditions.
Phemex is a cryptocurrency exchange offering spot and contract trading on a wide range of digital assets, with support for the US dollar as the primary fiat currency. Key features include low trading fees (with reductions available through premium accounts), leverage of up to x100 for contract trading, demo accounts, investment solutions, and a broad educational resource base. For more detailed information, see the broker profile on Traders Union.
For more background, see the previous Phemex update on Traders Union, which detailed the launch of the '2026 Ultimate Championship' football prediction event and its prize opportunities. This earlier news sets the stage for the latest developments from Phemex. Read the previous Phemex update on Traders Union.