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Exchanges2 min readSep 1, 2026

Phemex puts 82 tokens on notice over liquidity and project compliance concerns

Phemex has placed 82 USDT spot pairs under Special Treatment, requiring traders to pass a mandatory risk test.

Key Takeaways

Phemex has placed 82 USDT spot pairs under Special Treatment, requiring traders to pass a mandatory risk test.

Phemex puts 82 tokens on notice over liquidity and project compliance concerns
Photo: CryptoSlate · Editorial analysis by CoinQuickly

According to CryptoSlate reporting by Liam 'Akiba' Wright, cryptocurrency exchange Phemex placed 82 unique USDT spot pairs under Special Treatment on Aug. 31, 2026. The restriction forces traders to pass a mandatory Risk Cognizance Test before trading the affected markets.

Established assets such as ETC, XTZ, SNX, YFI, NEXO, AXS, USDe, and TUSD are included in the review. Phemex announced the decision across two separate notices. Although the notices contain 83 total entries, MAGIC/USDT appears twice, resulting in 82 distinct markets.

The exchange stated that each pair met at least one risk criterion, which includes persistently low volume and insufficient liquidity, a failure to provide operational updates, or missed whitepaper milestones. However, Phemex did not disclose which specific issue applied to each individual pair.

While the Special Treatment status is not an immediate delisting, the exchange noted that affected pairs could be removed later if conditions deteriorate. Phemex will continue reviewing the projects and may remove the tag if conditions improve. There is no withdrawal deadline, and users have been advised to monitor further announcements.

Source & Fact-Check Note

This report is synthesized from coverage by CryptoSlate. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.

Read original article at CryptoSlate