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Demex

IDO

Last updated: May 16, 2024

Demex is a powerful cross-chain perpetual DEX and money market. Demex is the first BTC L2 perp DEX app chain catered to traders while unlocking value for the BTC ecosystem.

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Overview

Project industry	Exchanges & Wallets / Bitcoin Ecosystem
Product type	Platform
Whitepaper	Open

What is Demex

Decentralized Mercantile Exchange, or Demex, is a cross-chain platform designed to be the only DEX you need, supporting features from spot, perpetuals, and futures markets, as well as a cross-chain money market. In the future, we will also support options, bonds, synthetic assets, and more.

Demex runs on the Carbon blockchain, a blockchain built for DeFi and trading with up to 10k TPS that uses the Tendermint consensus, so its trading engine is fully decentralized, MEV-resistant, and fair.