🔥 Gate 广场活动|#发帖赢Launchpad新币KDK 🔥
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🎁 Gate 广场专属福利:总奖励 2,000 KDK 等你瓜分
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📅 活动时间
2025/12/19 12:00 – 12/30 24:00(UTC+8)
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🥇 第 1 名:400 KDK
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🥉 前 15 名:40 KDK / 人(共 600 KDK)
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Phemex Upgrades RPI Ecosystem, Setting New Liquidity Benchmarks Across 210+ Pairs
Source: CryptoDaily Original Title: Phemex Upgrades RPI Ecosystem, Setting New Liquidity Benchmarks Across 210+ Pairs Original Link: https://cryptodaily.co.uk/2025/12/phemex-upgrades-rpi-ecosystem-setting-new-liquidity-benchmarks-across-210-pairs Phemex, a user-first crypto exchange, has announced a major upgrade to its Retail Price Improvement (RPI) order system. By deepening strategic ties with top-tier institutional liquidity partners, the enhanced RPI ecosystem now delivers market-leading depth that significantly outperforms industry benchmarks.
Market Performance Data
Latest data from a comprehensive market audit conducted in late 2025 reveals that the RPI upgrade has triggered a massive surge in liquidity across Phemex’s core assets. Based on internal comparative research of public order book depth (±0.1% from mid-price) relative to top-tier exchange averages:
How RPI Works
RPI orders are specifically engineered as Maker orders for retail customers (non-API manual traders). This upgrade ensures a much denser order book and more aggressive pricing, narrowing spreads and providing “price improvement” that often exceeds the visible order book.
By ensuring that RPI orders interact exclusively with the retail maker liquidity—effectively bypassing high-frequency API algorithms—Phemex’s upgraded RPI has allowed the platform to maintain a competitive edge in liquidity across more than 210 trading pairs. This reinforces Phemex’s commitment to providing a transparent and high-performance environment where retail users can trade with the same precision and execution quality as institutional giants.
About Phemex
Founded in 2019, Phemex is a user-first crypto exchange trusted by over 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.