Phemex Launches $650K Dual Initiative to Empower Traders in 2026

Jan 6, 2026, 9:33 a.m. 7 sources neutral

Cryptocurrency exchange Phemex has announced a dual-track strategic program aimed at strengthening the trading ecosystem and empowering users as the crypto market shows signs of resurgence in early 2026. The initiative combines a competitive trading league with a futures-focused educational boost, backed by a combined fund of $650,000.

The centerpiece is Apex Competition Season 3, the exchange's signature recurring league. This season introduces a sophisticated multi-track ranking system with separate Daily, Weekly, and Monthly leaderboards, designed to move away from a traditional "winner-takes-all" model often dominated by high-capital traders. With a $450,000 prize pool, the competition aims to level the playing field, rewarding trading skill and acumen rather than the sheer size of a trader's portfolio. The Apex Competition is scheduled to run through February 1, 2026.

Running concurrently is the New Year Futures Boost, an incubator program for emerging traders. This initiative is supported by a $200,000 risk-mitigation fund and is designed to lower psychological barriers to entry for futures trading. It incorporates profit optimization and loss protection mechanisms to allow newer participants to gain real-market experience and build confidence. This program is set to conclude on January 19, 2026.

Phemex states that these dual programs reflect its broader platform philosophy of creating adaptable trading environments for users with different needs, experience levels, and risk profiles. The exchange, founded in 2019 and serving over 10 million traders, positions itself as a user-first platform committed to fostering a more accessible, sustainable, and meritocratic trading ecosystem.

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