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

Phemex has started offering futures that run all day, every day, letting traders tie traditional market assets like stocks and metals into a crypto‑based margin system. This move isn’t about selling new products; it’s about shrinking the gap between when information arrives and when a trade can be executed. Because the futures settle in USDT, users keep all of their exposure inside one account and can adjust positions even when stock markets are closed. For active traders, the ability to place orders overnight means they can react to earnings leaks or geopolitical news before spot prices move. Long‑term holders of cryptocurrency can now protect their portfolios against market swings by taking short positions in equity or metal futures, without having to move money into a separate brokerage. The three‑month zero‑fee period is designed to attract liquidity, not to give away free trading. During this window traders may see tighter spreads, but the depth of orders can still be thin, so caution is advised when placing large trades. Risks remain: futures prices during market closures reflect expectations, not confirmed consensus, and low liquidity can magnify price swings.Leverage also means mistakes are amplified more quickly than in spot trading, so these contracts should be used as tools rather than replacements for owning the underlying assets. Different investors will use the service in different ways. Short‑term traders can capture timing and volatility, while long‑term crypto investors gain a defensive layer without selling their holdings. Systematic traders may find the unified margin and copy‑trading features useful as strategies grow across asset classes. Practical tips: start with small orders to test execution, focus on hedging before speculation, watch the order book for depth, avoid over‑confidence during weekends, and keep an eye on future expansions into commodities, FX, and indices. Overall, Phemex’s launch signals a broader shift in the trading world: exchanges are moving from simple token swaps to offering an entire risk stack that is always on, multi‑asset, and stablecoin‑backed. The real advantage lies in faster reaction times and easier risk management, not just in new product listings.