Phemex Token Price, Live Chart & Market Cap

Phemex Token PT cuts fees, pays staking yield and grants DAO votes on the rapidly growing Phemex crypto exchange

Name: Phemex Token
Brand: Phemex Token
SKU: PT
Price: 0.90209 USD
Availability: InStock

Why Phemex Token Matters

Phemex Token (PT) aligns trader profit with platform growth. Use PT to cut fees, farm yield and vote on Phemex DAO proposals. With a 1 B hard cap and ERC‑20 design, PT lets every user own a slice of the exchange’s future.

Phemex Token (PT): Powering Low-Fee, User-Owned Trading

Utility & Use Cases PT

Instant Fee Savings

Pay trading fees in PT and save up to 55% on spot and derivatives orders.

Staking Rewards

Lock PT for vePT to share 0.01% of daily exchange volume as passive yield.

DAO Governance

vePT holders vote on listings, reward ratios and token burn proposals.

VIP & Launchpad Access

Holding PT unlocks premium fee tiers and guaranteed Launchpad allocations.

Community Incentives

Earn PT via trade-to-earn, Pulse social mining and periodic airdrop campaigns.

Phemex Token Technologies Overview

Fast Internal Settlement

PT transfers clear instantly within Phemex’s 300k TPS engine while remaining on-chain redeemable.

Layer-2 Voting

Governance runs on Optimism, cutting gas fees for every ballot.

Audited Contracts

Hacken audit scored 8.2/10 with no critical issues or hidden mint powers.

Proof‑of‑Reserves

Merkle reports confirm all PT deposits are fully backed in cold storage.

Scalable Engine

Exchange core processes 300,000 orders per second, ensuring stable PT markets.

Funding

Phemex closed a $3.5 M seed round in March 2020 led by NGC Ventures; 20% of PT supply was reserved for these strategic investors with a two‑year cliff and five‑year linear vesting.

Roadmap

2023 – Token Generation Event

xPT balances converted 1:1 to on‑chain PT on 30 Nov 2023; trading and withdrawals opened.

2024 – SocialFi Expansion

Phemex Pulse launched, distributing 9,000 PT daily to active community groups.

2025 – DAO Portal Live

Full proposal and voting interface for vePT holders released, controlling treasury spend.

2026 – DeFi Integrations

Planned lending pools and LP farming to reward liquidity providers with PT incentives.

Phemex Token Security & Audit Reports

PT contracts are ERC‑20 standards audited by Hacken, hold no mint or pause functions, and benefit from Ethereum PoS security. Phemex offers live proof‑of‑reserves and reimbursed users after a 2025 hot‑wallet breach.