APIA, Samoa , March 12, 2026 /PRNewswire/ — Phemex, the first user crypto exchange, has announced that its TradFi (Traditional Finance) trading platform has exceeded USD 10 billion in trading volume in its first month, driven by unprecedented demand for gold and commodity contracts amid geopolitical tensions.
Gold-related instruments — including the XAU (Gold) and PAXG perpetual contracts — accounted for a large portion of the increase in volume as traders sought a safe haven through Phemex’s 24/7 trading infrastructure. The TradFi platform, which offers tokenized access to stocks, commodities and indices along with crypto assets, saw a 340% increase in active users during the quarter. Its key advantages – round-the-clock market access, adjustable leverage, zero limit on market hours and a single account holding crypto and traditional assets – have positioned it as the preferred destination for traders navigating volatility between assets.
“TradFi reaching $1 billion in daily volume confirms our thesis that traders want a single, always-on platform for both digital and traditional assets,” said Federico Variola, CEO of Phemex. “While legacy brokers close at 4 p.m., our users trade gold and stocks at midnight, on weekends, and when geopolitical events break – exactly when markets are moving the most. This is the future of trading infrastructure.”
Moving forward, Phemex will gradually expand its assets and launch innovative features to seamlessly serve the combined needs of market participants and crypto traders. By breaking down the barriers between TradFi and digital assets, Phemex is positioning itself as the single leading hub for the future of global wealth generation.
About Phemex
Founded in 2019, Phemex is a user-friendly crypto exchange trusted by more than 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading and wealth management products designed to prioritize user experience, transparency and innovation. With a visionary approach and commitment to user empowerment, Phemex provides reliable tools, comprehensive access and evolving opportunities for traders at all levels to grow and succeed.
For more information, please visit: https://phemex.com/
