Phemex Introduces 30,000 USDT Incentive Initiative for LIT and MAGMA Trading Pairs

jones
53732e7ea0813b42dfc2f3abb152bcde Phemex Launches 30,000 USDT Incentive Program for LIT and MAGMA Trading Pairs

APIA, Samoa, Dec. 31, 2025 — Phemex, a user-first crypto exchange, has unveiled a structured incentive program for the newly listed LIT and MAGMA trading pairs. The initiative runs from December 31, 2025, to January 7, 2026, with a total prize pool of 30,000 USDT aimed at boosting liquidity and market participation within its derivatives ecosystem.

Phemex Launches 30,000 USDT Incentive Program for LIT and MAGMA Trading Pairs

The program showcases two distinct infrastructure models in the DeFi space. Lighter (LIT) operates as an order-book DEX infrastructure that emphasizes institutional-level capital efficiency and rapid execution. Magma Finance (MAGMA) functions as an AMM DEX designed for MOVE-compatible blockchains, featuring a liquidity incentive mechanism that harmonizes the interests of traders, governance token holders, and liquidity providers.

To promote equitable involvement, Phemex has divided the 30,000 USDT allocation into two separate segments:

Reward Mechanism Details:

  • Engagement-Based Pool (10,000 USDT): Allocated for general engagement activities, such as social media referrals and daily trading targets. This segment aims to expand the user community for these developing protocols.
  • Volume-Driven Competition (20,000 USDT): A competitive track centered on futures trading volume for LIT and MAGMA. Prizes are awarded based on leaderboard rankings, with the top three traders qualifying for a substantial share of the pool, featuring a top individual prize of 4,000 USDT.

Through the integration of these specialized protocols, Phemex further broadens its high-performance trading platform, offering users access to cutting-edge advancements in both order-book and MOVE-based AMM technologies.

About Phemex
Established in 2019, Phemex is a user-centric cryptocurrency exchange serving more than 10 million traders globally. The platform provides spot and derivatives trading, copy trading, and wealth management solutions focused on enhancing user experience, transparency, and innovation. With a progressive mindset and dedication to empowering users, Phemex supplies dependable tools, universal access, and dynamic opportunities for traders of all experience levels to thrive and achieve success.

For more information, please visit:

Photo –
Logo –

jones