Company Phemex Upgrades RPI Ecosystem, Setting New Liquidity Benchmarks Across 210+ Pairs

Company Phemex has rolled out a significant upgrade to its Retail Price Improvement (RPI) order system that, according to internal audits, produces materially deeper liquidity and tighter pricing across its core asset pairs. The announcement — first distributed via Company PRNewswire and republished by Company BitcoinWorld — frames the enhancement as a strategic move to prioritize retail maker liquidity and to shield retail orders from high-frequency API-driven flows.

The upgrade emphasizes deeper cooperation with top-tier institutional liquidity partners and a redesign of the RPI order routing logic so that RPI orders operate as maker orders for manual retail traders. According to Company Phemex's late-2025 market audit, the result is a pronounced uplift in depth and execution quality across 210+ trading pairs.

Quantified improvements reported by Company Phemex include: BTCUSDT depth now at 2x the industry benchmark; ETHUSDT liquidity hitting 5x the market average; SOLUSDT rising to 5.5x typical high-performance standards; and the top 12 trading pairs collectively tracking at roughly 3x baseline depth. These multipliers indicate not only larger visible order book size within ±0.1% of mid-price, but also more resilient liquidity when price moves occur.

From a market structure perspective, the upgraded RPI design seeks to deliver two concrete benefits to retail participants: narrower spreads through denser maker-side liquidity, and routine price improvement that can surpass the visible best bids and offers. Company Phemex states that, by preventing RPI interactions from being crowded out by algorithmic API takers, the platform preserves the intended maker role for retail orders and aligns retail execution quality more closely with institutional standards.

For traders, the upgrade has several practical implications. First, retail manual orders may experience better fills and reduced slippage during normal and volatile conditions. Second, the strengthened book depth across a broad set of pairs can improve the ability to execute larger trades on spot markets without triggering severe market impact. Third, the enhanced RPI program highlights Company Phemex's continuing emphasis on product differentiation through liquidity engineering and selective counterparty engagement.

While Company Phemex presents internal comparative research as evidence, market participants and competitors will likely scrutinize these claims through independent audits and third-party order book analysis. Nonetheless, the reported multipliers are meaningful if sustained: a sustained 5x increase in ETHUSDT liquidity, for example, materially alters trading dynamics, reduces transaction costs for large retail orders, and could attract more sophisticated traders searching for assured depth.

Company Phemex — founded in 2019 and serving over 10 million traders according to its profile — positions this upgrade within a broader product suite that includes spot and derivatives trading, copy trading, and wealth management features. For further details, Company Phemex directs readers to its official site at https://phemex.com.

Market takeaway: This RPI enhancement is a clear attempt to create a defensible liquidity advantage for retail users by redesigning order interaction rules and by cultivating deeper institutional maker relationships. Should the reported metrics hold under independent review, Company Phemex may set a new operational benchmark for retail-focused liquidity provision across fast-moving crypto markets.