Crypto exchange Phemex has introduced a new Multi-Assets Mode that allows traders to combine various cryptocurrencies for more efficient trading.
What is Multi-Assets Mode?
Multi-Assets Mode is a margin framework that consolidates multiple cryptocurrencies, such as BTC and ETH, into a unified pool for perpetual futures trading.
Advantages of the New Mode
Compared to traditional single-asset margin mode, Multi-Assets Mode promotes more efficient utilization of funds. It enables profits from one position to offset potential losses in another, reducing capital fragmentation and enhancing resilience against liquidation risk.
Creating Competitive Advantages in the Market
The launch of Multi-Assets Mode allows Phemex to offer market participants streamlined collateral management. This underscores the exchange's intent to compete not only on the breadth of products but also on structural efficiency in futures markets.
Phemex's Multi-Assets Mode enhances risk management flexibility for traders, indicating the exchange's readiness to compete on functionality and efficiency.
