Meet Demex: The Only DEX You Need
Until recently, trading spot, futures, perpetual, options, etc was only attainable in centralized exchanges, but for Web3 which is supposed to be a decentralized ecosystem, trading in centralized exchanges beats the purpose.
Also, problems keep rising around centralized exchanges (CEXs) that are causing a lot of loss in trust when it comes to users’ assets. Assets stored in the wallets of CEXs are not self-custodial and if a CEX fails, assets funds are lost forever. Therefore, CEXs are not safe.
FTX crashed and millions of dollars were lost. Recently, we have had some sentimental news around CEXs, like the closure of Hotbit, Gate.io facing rumours of insolvency following the arrest of Multichain’s CEO Zhaojun, and only a few days ago, the Securities and Exchange Commission (SEC) sues Binance with similar allegations to that of FTX, and so many others.
Therefore, storing your assets in CEXs is highly risky as a closure or a freeze can occur at any time and you may not be alerted on time for funds recovery. So even when CEXs have all the arbitraging trading advantage for more profits, the safety of your assets takes priority.
However, with the evolution of Web3 and the introduction of new technology, the Central Limit Orderbook (CLOB) became integrable into decentralized exchanges (DEXs) and that became the turning point of trading for traders.
While a few DEXs are picking up the functionality of CLOB, Demex Exchange has fully integrated its features and is quickly bringing every use case of CEX and DEX into its exchange. You can do so much safer and better with Demex Exchange.
What is Demex Exchange?
Demex Exchange is a fully decentralized CLOB exchange (DEX) built on a Layer 2 protocol called Carbon, which is an app chain of Cosmos SDK.
As an Orderbook DEX, it enables users to trade any financial market and derivatives such as spot, futures, perpetual, bonds, options, etc. In addition, Demex consists of a Money Market (for lending and borrowing assets) and Liquidity Pools for staking and farming assets
Demex Exchange combines traditional order books with automated market makers (AMMs) to provide limit orders with the lowest slippage possible. Users can place buy or sell orders at specific prices and quantities on the order book, or swap tokens instantly at the best available price on the AMM pool.
The exchange aims to provide a fully decentralized, non-custodial, and interoperable platform for trading any asset, right from your wallet.
Features of Demex Exchange
Demex Exchange offers several features that make it stand out from other decentralized exchanges (DEXs) in the market. Some of these features are:
1. Nitron, the Money Market
Nitron is a lending and borrowing platform situated in the Demex Exchange. This money market allows users to earn a passive yield on their assets or borrow tokens via secured loans. Users can also borrow assets from Nitron by providing collateral and paying interest based on their loan-to-value ratio (LTV).
2. Liquidity Pools
Liquidity pools are pools of tokens that provide liquidity for trading on the Demex Exchange. Users can contribute tokens to liquidity pools and earn from swap fees, maker rebates, and liquidity rewards. Liquidity pools on Demex Exchange are amplified by using virtual balances, which create denser pockets of liquidity and reduce price slippage for traders.
3. Interoperability
Demex Exchange is connected to virtually any chain through Cosmos IBC and PolyNetwork Alliance. This means that users can trade any market, token, or instrument across different blockchains without intermediaries or bridges.
4. Perpetual
The exchange also supports the trading of perpetual contracts, which are similar to futures but have no expiration date and are settled in the underlying asset.
Perpetuals enable users to gain exposure to the price movements of an asset without holding it directly.
5. Options (Coming Soon)
Demex plans to launch options trading soon, which will allow users to buy or sell the right, but not the obligation, to purchase or sell an asset at a specified price and time.
Options give users more flexibility and control over their trading strategies and risk management.
5. Leverage
This CLOB DEX offers up to 150x leverage for trading derivatives products, which means that users can amplify their profits or losses by borrowing funds from the platform.
Leverage allows users to trade with more capital than they have in their wallets and increase their market exposure.
7. Speed
Demex Exchange boasts a 1.9s block time, which makes it 400x faster than Ethereum. This means that users can enjoy instant trade execution and confirmation, just like on a centralized exchange (CEX), but without sacrificing security or decentralization.
8. Listing New Markets
Unlike CEXs and other similar DEXs, Demex allows anyone to create and list new markets on the platform without permission or approval from anyone. This means that users can access unlimited financial markets and instruments that suit their needs and preferences.
Advantages of Demex Exchange
Demex Exchange offers several advantages over other DEXs and CEXs in the market:
1. Non-custodial
Users are in full control of their funds and private keys, and do not need to deposit or withdraw their assets to or from the platform, but can trade directly from their wallets. This eliminates the risk of losing funds due to unfortunate events.
2. Unrivalled Trading Instruments
Users can perform any financial transaction they will ever need, from money markets to perpetual. because Demex supports trading of any financial market imaginable, from cryptocurrencies to commodities to stocks to indices.
There is a wide range of accessible trading instruments and markets on the Demex Exchange that are not available on other platforms.
3. Unlimited Connections
Demex Exchange is connected to virtually any chain through Cosmos IBC and PolyNetwork Alliance. This allows users to trade any asset or market across different blockchains without intermediaries or bridges and access a diverse and global pool of liquidity and trading opportunities on Demex.
In conclusion, if you ever thought about the safety of your assets when trading markets in CEXs, you have a better chance with no worries at all with Demex decentralized exchange. And you don’t have to worry about lacking any trading options. If they don’t exist, you can always add new markets, so it is limitless.
Learn more about Demex Exchange and stay connected for updates and information:
