Phemex Launches 24/7 TradFi Futures, Expands Crypto Exchange

Phemex has unveiled Phemex TradFi, a new futures trading platform that lets users access traditional financial assets, including stocks, precious metals, and global indice,s around the clock. The move marks the company’s first foray into multi-market derivatives, allowing traders to manage crypto and traditional assets within a single, USDT-settled framework.

0-Fee carnival and incentives drive early adoption

To encourage adoption, Phemex is launching a three-month 0-Fee TradFi Futures Carnival starting February 6, offering zero trading fees on stock futures. The exchange is also providing a $100,000 incentive pool for structured, risk-aware participation and a first-trade protection mechanism. Eligible users who experience a loss on their first TradFi futures trade will receive a trading bonus reimbursement, underscoring Phemex’s focus on reducing entry barriers and promoting responsible trading.

Unlike traditional spot markets that operate within fixed hours, TradFi futures on Phemex continue price discovery outside regular sessions, allowing traders to respond to global macro events anytime from nights and weekends to market closures without switching platforms.

Seamless integration of crypto and traditional markets

Phemex TradFi is designed for continuity and simplicity. Users can trade crypto and traditional futures side by side, leverage transparent maker-taker pricing, and apply risk-management tools systematically. Copy trading support for TradFi futures is also planned, extending Phemex’s strategy trading ecosystem into traditional finance.

Federico Variola, CEO of Phemex, said,

“Our goal is not to replicate traditional markets, but to rethink access, offering continuous availability, unified settlement, and risk-aware tools in one platform that reflects how traders operate today.”

With this launch, Phemex positions itself as more than a crypto-native exchange, evolving into a comprehensive derivatives platform designed for 24/7 global markets. Future expansions promise a more integrated and resilient trading environment that bridges digital and traditional finance.

Notably, Phemex rolled out Multi-Assets Mode, a margin trading framework that consolidates multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), into a single collateral pool.

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