Cryptocurrency exchange Phemex has announced the launch of Phemex TradFi, a new futures trading product that enables users to access traditional financial assets around the clock. The offering, launched on February 6, 2026, initially provides futures on stocks and precious metals, with plans to expand to commodities, foreign exchange, and global indices in subsequent phases.
The launch represents Phemex's strategic entry into multi-market derivatives, allowing traders to manage exposure to both cryptocurrency and traditional assets within a single, USDT-settled futures framework. This integration eliminates the need for users to switch between different platforms or settlement systems, particularly during nights, weekends, or traditional market closures.
To drive early adoption, Phemex is running a 0-Fee TradFi Futures Carnival promotion. This offers three months of zero trading fees on stock futures starting from the launch date. The campaign is supported by a $100,000 incentive pool designed to reward structured and risk-aware participation. Additionally, a first-trade protection mechanism will reimburse eligible users with a trading bonus if their initial TradFi futures trade results in a loss.
"As markets become more connected and operate beyond fixed sessions, platforms need to evolve with them," commented Federico Variola, CEO of Phemex. "Our goal with Phemex TradFi is not to replicate traditional markets, but to rethink how they are accessed — bringing continuous availability, unified settlement, and risk-aware tools into a single trading environment that reflects how traders actually operate today."
The platform is designed for simplicity and continuity, featuring transparent maker-taker pricing instead of spread-based execution. It also includes strategy-driven risk management tools. Phemex has confirmed plans to extend its copy trading support to TradFi futures, thereby expanding its strategy trading ecosystem into traditional markets.
This move signals Phemex's evolution from a crypto-native exchange into a broader, always-on global derivatives platform. The company, founded in 2019 and serving over 10 million traders, aims to provide a more integrated and resilient way for users to navigate both digital and traditional finance.