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Phemex unveils new TradFi perpetual futures for Ethereum-based tokens with up to 50x leverage
Phemex has introduced new TradFi perpetual futures listings for Ethereum-based assets, including $PENDLE, $CAKE, $INJ, and several tokens identified by their contract addresses, with leverage available up to 50x.
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Phemex has announced the launch of new TradFi perpetual futures contracts on its platform, covering a selection of Ethereum-based tokens and assets. These listings include $PENDLE, $CAKE, $INJ, as well as several tokens specified by their Ethereum contract addresses, with all products available in the "Perpetual" trading zone and supporting leverage of up to 50x. According to Phemex’s announcements, these instruments are now live and tradable as part of the broker’s ongoing expansion of token-based TradFi futures offerings. The listings highlight a focus on assets native to the Ethereum blockchain and are part of the exchange's broader strategy to integrate DeFi assets within its TradFi product suite.
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Phemex is a cryptocurrency exchange that offers spot and contract trading for a wide range of digital assets, including Bitcoin, Ethereum, and Tether, with support for the US dollar as the fiat currency. The platform features low trading fees, options for premium accounts, demo account access, knowledge base resources, and mobile compatibility. For more about its offerings, including educational materials, referral and investment programs, and support channels, see the broker profile on Traders Union.
For additional background, our earlier news about Phemex highlighted the launch of Solana futures contracts with up to 50x leverage on the platform. You can read more in the previous Phemex update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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