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Phemex

RATED
Profile statusUNDER REVIEWFounded2019

Our Take

Founded in 2019, Phemex is a centralized cryptocurrency exchange offering spot and copy-trading services.

Phemex reviews

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About Phemex

Phemex is a centralized cryptocurrency exchange established in 2019 and is registered in Samoa.

Currently, there are 273 coins and 293 trading pairs available on the exchange.

Phemex 24h volume is reported to be at $749,980,634.15, a change of -6.7% in the last 24 hours.

Phemex has $272,533,310.05 in Exchange Reserves.

The most active trading pair is BTC/USDT with a 24h volume of $265,409,713.45.

Founded in 2019, Phemex is a centralized cryptocurrency exchange with over 10 million users across 150+ countries.

The platform offers spot trading, derivatives trading, copy trading, and wealth management products.

Phemex maintains a 100% Proof-of-Reserves and provides web and mobile interfaces, along with trading tools and order types used for execution and risk management.

Phemex also offers order types and trading tools commonly used for execution and risk management, alongside account features related to portfolio and product access.

Source-derived About · Local Collector · Unverified

Assessment Overview

10/10

Security & Risk

Security incidents, account protection, asset custody and withdrawal controls.

4 Under Review
9.1/10

Transparency

Proof of reserves, asset disclosure, corporate and ownership transparency.

4 Under Review
Under Review

Products & Services

See the recorded product access statuses below.

SpotUnknownFuturesUnknownOptionsUnknownMarginUnknown

03 / MARKET DATA

Exchange Trade Volume

24-hour distribution by market pair and quote currency.

Volume by Market Pair

BTC/USDT: 38.2% · $285.3METH/USDT: 14.7% · $109.8MUSDC/USDT: 10.9% · $81.2MXRP/USDT: 4.6% · $34.0MSOL/USDT: 3.2% · $24.0MOther: 28.4% · $212.3M
  • BTC/USDT38.2%
  • ETH/USDT14.7%
  • USDC/USDT10.9%
  • XRP/USDT4.6%
  • SOL/USDT3.2%
  • Other28.4%

Volume by Currency

USDT: 96.7% · $722.0MUSDC: 3.0% · $22.7MBTC: 0.2% · $1.8M
  • USDT96.7%
  • USDC3.0%
  • BTC0.2%

24h ticker volume · CoinGecko · 140 markets · collected 5 Oct 2026

Exchange Trade Volume

$734.9M$526.9M
High $734.9MLow $526.9M
04/10/2026CoinGecko · USD converted · Updated 05 Oct 2026 UTC05/10/2026

Phemex reviews

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