Phemex's Groundbreaking Milestone in Traditional Finance
In a striking development within the financial technology sector, Phemex, a user-centric cryptocurrency exchange, has achieved an impressive milestone. Its
TradFi (Traditional Finance) trading platform has reported a remarkable
$10 billion in monthly transaction volume. This accomplishment reflects an unprecedented demand for tokenized gold contracts and other commodities amidst increasing geopolitical tensions, according to data released on March 12, 2026.
The surge in trading activity is significantly attributed to instruments related to gold, especially the perpetual contracts for XAU (gold) and PAXG. Traders are actively seeking safe-haven assets through Phemex's robust trading infrastructure, available around the clock. In fact, Phemex has seen a staggering
340% increase in active users quarter-over-quarter, cementing its position as a go-to platform for traders keen on capitalizing on market volatility.
Phemex's TradFi platform enables users to access tokenized stocks, commodities, and indices alongside cryptocurrencies. The added benefits of 24/7 market access, customizable leverage, and a unified account for managing both crypto and traditional assets have made it a favorite among traders operating in today's uncertain economic climate. Federico Variola, CEO of Phemex, commented, "Reaching $1 billion in daily volume on TradFi validates our thesis that traders desire a seamless platform for both digital and traditional assets. Unlike traditional brokers that close at 4 PM, our users trade gold and stocks at midnight, during weekends, and even amidst significant geopolitical events—precisely when the markets are most active. This represents the future of trading infrastructure."
Looking ahead, Phemex plans to progressively enhance its asset offerings and introduce innovative features tailored to meet the converging demands of traditional market players and cryptocurrency traders alike. By dismantling the barriers between traditional finances and digital assets, Phemex is strategically positioning itself as the premier unified hub for the future of wealth creation.
About Phemex
Founded in
2019, Phemex is a user-first cryptocurrency exchange trusted by over
10 million traders globally. The platform offers spot and derivative trading, copy trading, and wealth management products designed to prioritize user experience, transparency, and innovation. By adopting a forward-thinking approach and encouraging user initiative, Phemex provides reliable tools, inclusive access, and growth opportunities that empower traders to succeed, regardless of their experience level.
For further details, visit
Phemex's official website.