Its name comes from the combination of Pheme and MEX.
Pheme is the Greek goddess of fame who represented the voice of the public. MEX stands for mercantile exchange. Together, they symbolize her vision of an improved financial future where everyone’s voices are heard and old identities are discarded in favor of equal opportunity.
Led by 8 former Morgan Stanley executives, Phemex aims to be the world's most trusted cryptocurrency derivatives trading platform. We leverage a "user-centric" approach to develop more efficient features than any other exchange out there.