Phemex Enhances RPI System
Phemex, a prominent cryptocurrency exchange focused on user experience, has recently announced a substantial upgrade to its Retail Price Improvement (RPI) order system. This initiative is aimed at setting new industry benchmarks for liquidity across over 210 trading pairs. Through strategic partnerships with top-tier institutional liquidity providers, Phemex's enhanced RPI ecosystem significantly increases the market depth, positioning it far above industry norms.
Major Developments in Liquidity
A comprehensive market audit conducted at the end of 2025 uncovered remarkable improvements in liquidity for Phemex's primary assets. The data illustrates a massive rise in liquidity across key trading pairs:
- - For `BTCUSDT`, liquidity depth is now twice the industry benchmark.
- - `ETHUSDT` has recorded a liquidity level an astonishing five times greater than the average market liquidity.
- - The `SOLUSDT` pair shows an increase of 5.5 times in comparison to high-performance market standards.
- - The aggregated liquidity for the twelve most traded pairs consistently meets levels three times higher than what is required by leading exchanges.
These enhancements demonstrate Phemex's commitment to providing its users with superior trading experiences.
Overview of RPI Orders
Phemex's RPI orders are specifically designed to serve retail clients, such as individual manual traders who do not utilize API trading. This update has resulted in a denser order book and more competitive pricing, effectively narrowing spreads and facilitating price improvements that often surpass displayed order books.
By ensuring that RPI orders interact only with liquidity sourced from retail makers, Phemex has efficiently circumvented high-frequency trading algorithms that typically dominate the market. As a result, the enhanced RPI capability allows Phemex to maintain a competitive liquidity edge across its trading pairs, offering a more favorable trading environment for retail users.
Phemex's Commitment to Transparency and Performance
Phemex's initiative reinforces its commitment to creating a transparent and high-performance trading ecosystem where retail traders can compete on equal footing with large institutional players. The platform has garnered trust from over 10 million users worldwide since its establishment in 2019, offering spot and derivatives trading, copy trading options, and wealth management products that prioritize user experience, transparency, and innovation.
With a focus on empowering users, Phemex continues to evolve, providing reliable tools and inclusive access that enables traders of all levels to prosper and succeed in the fast-paced crypto market.
For more information on Phemex and its offerings, please visit
Phemex’s official website.