24‑Hour Futures: A New Way for Crypto Traders to Hedge

Phemex has rolled out all‑day, all‑night futures that let traders link traditional assets—stocks and metals—to a crypto‑based margin system.
This isn’t a new product launch; it’s a reduction in the lag between market data and trade execution.

Key Features

• USDT‑settled contracts keep exposure in a single account, allowing position adjustments even when stock markets close.
• Overnight order placement lets traders react to earnings leaks or geopolitical events before spot prices shift.
• Hedging for long‑term crypto holders: take short positions in equity or metal futures without moving funds into a separate brokerage.

Promotion & Risks

• A three‑month zero‑fee window aims to attract liquidity, not give away free trading.
• During this period, spreads may tighten, but order depth can remain thin—caution advised for large trades.
• Market‑closure pricing reflects expectations, not confirmed consensus; low liquidity can amplify swings.
• Leverage amplifies mistakes faster than spot trading—use contracts as tools, not replacements for underlying assets.

Investor Segments

Practical Tips

1. Start small to test execution quality.
2. Focus on hedging before speculation.
3. Monitor the order book for depth.
4. Avoid over‑confidence during weekends.
5. Watch for future expansions into commodities, FX, and indices.

The Bigger Picture

Phemex’s launch signals a shift from simple token swaps to an always‑on, multi‑asset risk stack backed by stablecoins.
The real advantage? Faster reaction times and streamlined risk management, not merely new product listings.