# Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship

- Link: https://www.thailand-business-news.com/pr-news/phemex-launches-prediction-market-powered-by-polymarket-introduces-month-long-forecasting-championship
- Published: 2026-04-23T21:10:00+07:00
- Author: PR Newswire

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APIA, Samoa, April 23, 2026 /PRNewswire/ — [Phemex](https://phemex.com/?group=7925&referralCode=CUFKP8),
a user-first global cryptocurrency exchange trusted by over 10 million traders, 
announced the official launch of its [Prediction Market](https://phemex.com/prediction?group=7925&referralCode=CUFKP8),
powered by Polymarket, a leading decentralized prediction market platform. The new
product enables users to trade on the outcomes of real-world events, while broadening
Phemex’s platform beyond traditional price-based markets.

 [  ](https://mma.prnasia.com/media2/2964381/image1.html)

Through the Prediction Market, Phemex users can take YES or NO positions on a wide
range of events, including cryptocurrency milestones, sports tournaments, and world
events. Markets are accessible directly through existing Phemex accounts using USDT,
without requiring external wallets or separate on-chain interaction.

The launch reflects growing interest in markets where information, sentiment, and
probabilities can be expressed more directly than through conventional asset trading.
By integrating prediction markets into a centralized trading environment, Phemex
aims to make this category more accessible to a broader global user base.

To mark the launch, Phemex introduced the [Prediction Championship](https://phemex.com/en/events/prediction-market/polymarket-championship/928?group=7925&referralCode=CUFKP8),
a four-week participation event running from April 23 to May 20, 2026. The series
ranks eligible users based on forecasting performance, with rewards distributed 
weekly and final standings recognized at the conclusion of the competition.

"Prediction markets represent an important evolution in market structure," said 
[Federico Variola](https://x.com/Federico0x), CEO of Phemex. "They transform information
and collective expectations into tradable signals. In a world increasingly shaped
by fast-moving narratives, users are looking for more direct ways to express views
on outcomes, not only on asset prices. Bringing this category onto Phemex is part
of our broader strategy to build a more complete trading ecosystem around how markets
actually function today."

The launch follows Phemex’s recent expansion into new product verticals, including
TradFi futures and AI-enabled trading tools, underscoring the company’s push toward
a broader multi-market platform. Looking ahead, Phemex plans to continue expanding
prediction market coverage, product functionality, and cross-category trading opportunities
as user demand for event-driven markets grows globally.

**About Phemex**
Founded in 2019, Phemex is a user-first crypto exchange trusted
by over 10 million traders worldwide. The platform offers spot and derivatives trading,
copy trading, and wealth management products designed to prioritize user experience,
transparency, and innovation. With a forward-thinking approach and a commitment 
to user empowerment, Phemex delivers reliable tools, inclusive access, and evolving
opportunities for traders at every level to grow and succeed.

For more information, please visit: [https://phemex.com/](https://phemex.com/)

 

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**Read the original article :** [Phemex Launches Prediction Market Powered by Polymarket, Introduces Month-Long Forecasting Championship ](http://www.prnasia.com/story/archive/4942172_AE42172_0?rand=184833)