Phemex has announced its support for the token swap and rebranding of MANTRA (OM), where current OM tokens will be converted to new MANTRA tokens at a ratio of 1 OM = 4 MANTRA starting February 24, 2026. As part of this process, Phemex will suspend OM/USDT trading and close deposits and withdrawals for OM tokens at 06:00 UTC on that date. Users holding OM tokens at the time of this delisting will automatically have their tokens converted to MANTRA, ensuring a smooth transition as the exchange facilitates the rebranding alongside other platforms.
MANTRA to undergo token swap and rebranding on February 24
