Phemex, a cryptocurrency exchange focused on user experience, launches the 2026 Ultimate Championship, a global trading competition with a total prize pool of $7 million. The event is announced as beginning during the football season in line with the promotion’s theme tied to sports competition.

According to PR Newswire, the Ultimate Championship is positioned as a recurring season-length tournament for traders, described as a way to bring trading competition into the broader excitement around football. The announcement describes the event as a worldwide competition, with the prize pool stated consistently across the sources.

Both versions of the release provide the same core information: Phemex is the organizer; the event is called the 2026 Ultimate Championship; it is a trading competition; and it offers a total prize pool of $7 million. The releases do not add further verified details such as specific rules, qualification criteria, participating regions, or exact match/trading timelines beyond the start tied to the 2026 football season and the announcement date in Apia, Samoa.