APIA, Samoa, April 23, 2026 /PRNewswire/ — Phemex, a user-first international 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.
Via 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 by way of 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 chances could be expressed extra straight than by way of typical asset buying and selling. By integrating prediction markets right into a centralized buying and selling setting, Phemex goals to make this class extra accessible to a broader international consumer base.
To mark the launch, Phemex launched the Prediction Championship, a four-week participation occasion working from April 23 to Could 20, 2026. The sequence ranks eligible customers based mostly on forecasting efficiency, with rewards distributed weekly and last standings acknowledged on the conclusion of the competitors.
“Prediction markets characterize 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 searching for extra direct methods to specific 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 perform 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 consumer 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 provides spot and derivatives buying and selling, copy buying and selling, and wealth administration merchandise designed to prioritize consumer expertise, transparency, and innovation. With a forward-thinking method and a dedication to consumer empowerment, Phemex delivers dependable instruments, inclusive entry, and evolving alternatives for merchants at each degree to develop and succeed.
For extra info, please go to: https://phemex.com/
