Phemex Unveils $650k Trading Contests for 2026 New Year Futures Initiative

Phemex, a cryptocurrency exchange, has announced the launch of two new trading programs at the start of 2026, featuring a total prize pool of $650,000. These initiatives aim to attract both seasoned and novice cryptocurrency derivatives traders.

Key Takeaways

Phemex has launched Apex Season 3 and the New Year Futures Boost with a combined prize of $650,000.
Apex Season 3 offers a $450,000 prize pool with daily, weekly, and monthly leaderboards, running until February 1, 2026.
The New Year Futures Boost allocates $200,000 to a risk-mitigation fund for traders and ends on January 19, 2026.
Phemex is focused on making cryptocurrency trading more accessible for traders of all experience levels.
Established in 2019, Phemex serves over 10 million traders worldwide, providing various trading services.

Phemex launches $650k Apex Season 3 and New Year Futures Boost.

Main Content

Cryptocurrency exchange Phemex has rolled out two trading initiatives to kick off early 2026, offering a total of $650,000 in prizes and incentives directed at both expert and emerging cryptocurrency derivatives traders.

The newly introduced Apex Competition Season 3 includes a prize pool of $450,000, which is divided among various ranking categories encompassing daily, weekly, and monthly leaderboards. This competitive event is set to run until February 1, 2026.

New Cryptos Coming in 2026

In addition, the New Year Futures Boost program has set aside $200,000 aimed at a risk-mitigation fund that is designed to assist traders with profit optimization and loss protection. This program will conclude on January 19, 2026.

Phemex explained that these dual programs are tailored to accommodate traders across varying levels of experience and different risk tolerances. The exchange emphasized that these initiatives are part of its broader strategy to enhance accessibility to cryptocurrency trading.

Since its founding in 2019, Phemex has grown to serve over 10 million traders around the globe. The platform offers a range of services, including spot and derivatives trading, copy trading, and wealth management options.

This announcement comes amid a resurgence of activity in the cryptocurrency markets in early 2026, although specific performance data for the market was not disclosed by the exchange.