Phemex, a user-first cryptocurrency exchange, is marking its sixth anniversary with a series of milestones and a major celebratory campaign. The platform reported reaching 10 million users worldwide in 2025, representing a 66% growth over the year. Trading volumes saw substantial increases, with spot trading volume up 122% and futures trading volume rising 26% year-on-year.
Throughout this period, Phemex maintained 99.999% uptime despite comprehensive system upgrades, including multi-layer wallet protection and AI-driven monitoring. The exchange also completed a full rebrand, emphasizing its mission of efficiency and user empowerment under the theme "For You. For Tomorrow."
As part of the anniversary celebrations, Phemex launched a $6 million reward campaign running from November 19 to December 19, 2025. The campaign spans multiple venues: spot trading offers zero-fee transactions and CandyDrop token rewards, futures includes trading competitions and lucky boxes, earn products feature competitive APYs, fiat deposits have zero fees, and referral missions provide additional bonuses. Prizes range from Rolex watches to iPhone 17 Pro Max devices.
Federico Variola, CEO of Phemex, stated, "Our journey this year reaffirmed a core principle: true resilience is engineered, not inherited. We made a strategic decision to treat every challenge as a catalyst." He highlighted that the rebrand and growth achievements underscore Phemex's evolution into a diversified crypto trading ecosystem. Looking ahead to 2026, the exchange plans further investments in security, user experience, and product innovation, including enhancements to spot, futures, copy trading, and on-chain tools.
