Cypherpunk Technologies Inc. reached a milestone as the Phemex cryptocurrency exchange listed a CYPH/USDT perpetual futures trading pair. The listing went live at 10:00 UTC on September 20, 2026.

The new instrument allows traders to speculate on CYPH price movements with up to 10x leverage. This futures pair is linear USDT-margined and supports hedge mode.

The introduction of a futures market marks a maturation step for the digital asset. This expansion aims to attract sophisticated investors and market makers to increase liquidity and stabilize price discovery in spot markets.