Phemex Launches 30,000 USDT Incentive Program for LIT and MAGMA Pairs
Phemex has announced a new reward initiative totaling 30,000 USDT to celebrate the listing of LIT and MAGMA trading pairs. The program runs from December 31, 2025, to January 7, 2026.
This initiative aims to boost liquidity and market engagement for Lighter (LIT), an order-book DEX infrastructure, and Magma Finance (MAGMA), an AMM DEX for MOVE-based blockchains. The prize pool is divided into liquidity support and market engagement rewards.