Phemex Makes Strides in RPI, Establishing New Liquidity Standards for 210 Trading Pairs

Phemex's New RPI Upgrade: A Game Changer in Cryptocurrency Trading

Phemex, a user-driven cryptocurrency exchange, has recently announced a significant upgrade to its Retail Price Improvement (RPI) system, designed to enhance liquidity across its platform. This innovative update specifically aims to provide better pricing and deeper market access for over 210 trading pairs, revolutionizing how users interact with cryptocurrency trading.

Setting Industry Benchmarks

In a comprehensive market audit conducted towards the end of 2025, Phemex revealed that the upgrade has facilitated an impressive influx of liquidity into its primary trading assets. Key highlights from this overhaul include the following remarkable improvements, all benchmarked against standard market liquidity averages:

- BTCUSDT: Liquidity depth has doubled, significantly exceeding industry benchmarks.
- ETHUSDT: Achieved liquidity levels that are now five times higher than the market average.
- SOLUSDT: Notably, liquidity increased to 5.5 times the high-performance market standards.
- Top 12 Trading Pairs: Overall liquidity remains consistently three times above what is required by leading exchanges.

This strategic upgrade to the RPI is more than just about numbers; it's about reshaping the trading experience for retail users. The orders placed through the RPI are designed as maker orders for manual retail customers. Thanks to these changes, Phemex has fostered a much denser order book and more competitive pricing, thus narrowing spreads and creating 'price improvements' that often surpass the observable order book.

Strengthening Strategic Partnerships

Phemex's enhancements to the RPI have been strengthened through strategic ties with leading institutional liquidity partners. The firm’s RPI system is uniquely structured to ensure that retail orders interact only with retail operator liquidity, directly bypassing high-frequency API algorithms. This unique approach gives Phemex a competitive edge concerning liquidity across more than 210 trading pairs, reinforcing its ambition to provide a transparent and efficient trading environment.

Focused on Retail Investors

The company’s commitment to its retail users is evident as it seeks to create a trading landscape where individual traders can execute transactions with the same efficiency and quality typically reserved for institutional players. Phemex ensures that users have the tools they need to thrive, regardless of their experience level, thereby promoting an inclusive trading atmosphere.

Founded in 2019, Phemex has rapidly gained the trust of over 10 million traders globally, offering services spanning spot and derivatives trading, copy trading, and wealth management products. With a forward-thinking mindset, Phemex continues to harness innovative solutions that provide users more control and agency in their trading. It is part of their ongoing mission to deliver reliable tools and an inclusive landscape that allows traders to grow and succeed.
For more information, visit Phemex's website.

In conclusion, Phemex's upgraded RPI ecosystem sets a new standard for liquidity in cryptocurrency trading, making it an essential platform for retail traders seeking to capitalize on market opportunities. The improvements emphasize Phemex's role as a leader in the cryptocurrency exchange sector, ensuring that innovation and user experience remain top priorities.