APIA, Samoa, April 23, 2026 /PRNewswire/ — Phemex, a user-first world cryptocurrency trade trusted by over 10 million merchants, introduced the official launch of its Prediction Market, powered by Polymarket, a number one decentralized prediction market platform. The brand new product permits customers to commerce on the outcomes of real-world occasions, whereas broadening Phemex’s platform past conventional price-based markets.
By means of the Prediction Market, Phemex customers can take YES or NO positions on a variety of occasions, together with cryptocurrency milestones, sports activities tournaments, and world occasions. Markets are accessible straight via present Phemex accounts utilizing USDT, with out requiring exterior wallets or separate on-chain interplay.
The launch displays rising curiosity in markets the place info, sentiment, and possibilities could be expressed extra straight than via standard asset buying and selling. By integrating prediction markets right into a centralized buying and selling atmosphere, Phemex goals to make this class extra accessible to a broader world person base.
To mark the launch, Phemex launched the Prediction Championship, a four-week participation occasion working from April 23 to Could 20, 2026. The collection ranks eligible customers based mostly on forecasting efficiency, with rewards distributed weekly and last standings acknowledged on the conclusion of the competitors.
“Prediction markets signify an essential evolution in market construction,” stated Federico Variola, CEO of Phemex. “They remodel info and collective expectations into tradable indicators. In a world more and more formed by fast-moving narratives, customers are on the lookout for extra direct methods to precise views on outcomes, not solely on asset costs. Bringing this class onto Phemex is a part of our broader technique to construct a extra full buying and selling ecosystem round how markets truly operate at present.”
The launch follows Phemex’s latest growth into new product verticals, together with TradFi futures and AI-enabled buying and selling instruments, underscoring the corporate’s push towards a broader multi-market platform. Trying forward, Phemex plans to proceed increasing prediction market protection, product performance, and cross-category buying and selling alternatives as person demand for event-driven markets grows globally.
About Phemex
Based in 2019, Phemex is a user-first crypto trade trusted by over 10 million merchants worldwide. The platform presents spot and derivatives buying and selling, copy buying and selling, and wealth administration merchandise designed to prioritize person expertise, transparency, and innovation. With a forward-thinking strategy and a dedication to person empowerment, Phemex delivers dependable instruments, inclusive entry, and evolving alternatives for merchants at each stage to develop and succeed.
For extra info, please go to: https://phemex.com/
