#Cryptocurrency #USA #TradFi #Phemex #Apia

Phemex TradFi Surpasses $10 Billion in Monthly Volume

Phemex, a user-centric cryptocurrency exchange, has recently announced a monumental milestone for its TradFi trading platform. The platform surpassed a staggering $10 billion in monthly trading volume in its very first month of operation. This surge comes amid unprecedented demand for gold contracts and tokenized commodities, triggered by rising geopolitical tensions.

The remarkable growth in trading volume can be largely attributed to instruments associated with gold. Specifically, perpetual contracts for gold, such as XAU and PAXG, made significant contributions as traders sought safe havens during this tumultuous time. Leveraging Phemex's 24/7 trading infrastructure, users are capitalizing on the platform's unique offerings.

The TradFi platform extends beyond cryptocurrency, providing tokenized access to stocks, commodities, and indices. In the wake of this launch, Phemex has reported a 340% increase in active users quarter-over-quarter. Key features, such as market access around the clock, customizable leverage options, and a unified account system that spans both cryptocurrencies and traditional assets, have catapulted Phemex to be a favored choice among traders.

Federico Variola, the CEO of Phemex, emphasized the importance of this achievement, stating, “Reaching a billion dollars in daily volume for TradFi validates our thesis that traders are seeking a singular and always-on platform for digital and traditional assets.”

Unlike traditional brokerage firms that generally close by 4 PM, Phemex caters to users who wish to trade gold and stocks during midnight, weekends, and high-stakes geopolitical events—moments when markets typically face the greatest fluctuations. Variola further noted, “This is the future of trading infrastructure.”

Looking ahead, Phemex plans to gradually expand its catalog of assets and unveil innovative features designed to perfectly align with the converging demands of both traditional market participants and cryptocurrency traders. By dismantling barriers between traditional finance and digital assets, Phemex is establishing itself as a unified hub for the future of global wealth generation.

About Phemex

Founded in 2019, Phemex has quickly risen to prominence as a user-focused cryptocurrency exchange trusted by over 10 million traders globally. The platform offers spot and derivatives trading, copy-trading options, and wealth management products—all crafted with a focus on user experience, transparency, and innovation. With a commitment to empowering users, Phemex continues to provide reliable tools, inclusive access, and evolving opportunities for traders at all levels to thrive and achieve success.

For more insights, visit Phemex's official site.