Phemex Token (PT) is an on-chain, transferable ERC-20 platform utility token for the Phemex exchange. It can be staked to obtain vePT, which grants decentralized governance power, staking rewards, trading rewards, fee discounts, and other benefits.

Key Attribute

Value Proposition

How to Obtain


PT can be transferred freely on the Ethereum blockchain

Convertible from xPT; can be purchased on open market, can be earned as trading reward


Stake PT to get vePT for governance rights


Can be used to pay for trading fees, deposit & withdrawal fees, and gas fees on Phemex. Also can be traded or staked

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