Phemex has launched Phemex TradFi, a new futures trading product that allows users to trade traditional financial assets such as stocks around the clock within a crypto-native platform.
The new offering marks Phemex’s expansion into multi-market derivatives, enabling traders to manage exposure to both crypto and traditional assets through a single USDT-settled futures framework.
To drive early adoption, Phemex has introduced a 0-Fee TradFi Futures Carnival, offering three months of zero trading fees from Feb. 6, alongside a $100,000 incentive pool and first-trade loss protection for eligible users.
“As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them,”
Said Phemex chief executive, Federico Variola.
Unlike traditional spot markets limited by exchange hours, TradFi futures allow continuous price discovery, enabling users to respond to global macro events during weekends, nights, and market closures without changing platforms.
Phemex said the product is designed to let traders run crypto and traditional futures side by side, using transparent maker-taker pricing and strategy-based tools to manage risk more systematically.
The launch signals Phemex’s broader evolution from a crypto-native exchange into an always-on derivatives platform, with additional asset classes such as commodities, foreign exchange, and global indices planned in later phases.