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Phemex Launches $650,000 Trader Programs With Apex Season 3 and New Year Futures Boost

The exchange says the dual tracks promote accessibility through prizes plus loss protection.

Overview

  • Apex Competition Season 3 carries a $450,000 pool across daily, weekly, and monthly leaderboards running through Feb. 1, 2026.
  • The New Year Futures Boost allocates $200,000 to risk mitigation for futures traders and is scheduled to run until Jan. 19, 2026.
  • Phemex frames the pairing as serving both professional participants and newer traders entering derivatives markets.
  • The company positions Apex’s multi-track rankings as a way to counter winner-takes-all dynamics often favoring high-capital traders.
  • Phemex, founded in 2019, reports over 10 million users, and coverage places the rollout during a period of renewed crypto-market activity without independent performance data.