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

Kwon Crash

Published Sep 1, 2026, 1:46 AM UTC

Source: CryptoSource
- Phemex just slapped 82 USDT spot pairs with a "Special Treatment" tag, which sounds like a spa package but is actually a delisting waiting room. ETC, XTZ, SNX, YFI — half the 2021 hall of fame is on the list, and now users have to pass a Risk Cognizance Test before trading them. That's right, Phemex wants you to take a quiz to buy the very bags it listed for you. Aggressive passive income indeed. The exchange says each pair tripped at least one alarm — low volume, ghosting dev teams, or missed whitepaper milestones — but conveniently won't say which flag hits which token. So you're staring at 82 unsealed cargo containers and nobody's handing you the manifest. No withdrawal deadline yet, which means the clock is ticking but Phemex hasn't told you when it stops. If your portfolio looks like a threadbare hull after this, maybe next time read the risk criteria before aping into the 39th "innovation zone" listing. Where's my cut?