/PRNewswire/ –Phemex, a user-centric cryptocurrency exchange, announced a major update to its ordering system Retail Price Improvement (RPI). By strengthening strategic ties with key institutional liquidity partners, the enhanced RPI ecosystem now offers cutting-edge market depth that significantly exceeds industry benchmarks.
The latest data from a comprehensive market analysis, conducted in late 2025, reveals that the RPI update triggered a huge liquidity surge across Phemex’s core businesses. Based on internal comparative research on the depth of the public order book (±0.1% compared to the average price) compared to the averages of the first level exchanges:
- BTCUSDT: Liquidity depth is now double the industry standard benchmark.
- ETHUSDT: Liquidity has reached a staggering level, equal to 5 times the average market liquidity.
- SOLUSDT: Liquidity increased 5.5x compared to high-performance market standards.
- The 12 most popular trading pairs: Aggregate liquidity consistently follows a level of 3x the base level of higher-level trading requirements.
RPI orders are specifically designed as Maker orders for retail customers (non-API manual traders). This update ensures a much denser order book and more aggressive pricing, narrowing spreads and ensuring “price improvement” that often exceeds the visible order book.
By making RPI orders interact exclusively with retail producer liquidity – effectively bypassing high-frequency API algorithms – Phemex’s updated RPI has allowed the platform to maintain a competitive liquidity advantage across more than 210 trading pairs. This reinforces Phemex’s commitment to offering a transparent, high-performance environment where retail users can trade with the same precision and quality of execution as institutional giants.
About Phemex
Founded in 2019, Phemex is a user-centric cryptocurrency exchange with over 10 million traders worldwide. The platform offers spot and derivatives trading, copy trading and asset management products designed to prioritize user experience, transparency and innovation. With a forward-thinking approach and a commitment to greater user autonomy and control, Phemex offers trusted tools, inclusive access and evolving opportunities for traders of all levels to grow and succeed.
For further information visit the site https://phemex.com/
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