Demex

Total Users

Rewards

Volume: $0
Contract Balance: $0
Category: - No data available.
Blockchain: Other
Language: - No data available.

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News

Step Finance and Sister Platforms Cease Operations Amid Market Struggles

Step Finance and its sister platforms SolanaFloor and Remora Markets are ceasing operations due to a significant exploit resulting in a loss of approximately $40 million.

David Robinson

7 minutes ago

Indiana Advances Bitcoin Rights Bill to Integrate Crypto into Public Finance

Indiana lawmakers have approved House Bill 1042, known as the Bitcoin Rights Bill, to integrate cryptocurrency into the state's public financial system.

Andrew Smith

7 minutes ago

Jane Street Faces Legal Scrutiny Over Crypto Market Disruptions

Jane Street is facing legal scrutiny over allegations of insider trading and market manipulation in the crypto market, linked to a federal lawsuit filed on February 23, 2023.

Jacob Williams

28 minutes ago

What is Demex?

Demex is a 2nd-generation derivatives DEX designed for trading sophisticated financial instruments and derivatives across multiple blockchains. The exchange integrates pooled liquidity with traditional order books, allowing anyone to be a market maker by contributing liquidity and earning from trading fees. Demex is powered by the layer-2 decentralized protocol, Switcheo TradeHub, an open-source dPOS order matching engine that can handle bursts of up to 10,000 transactions per second (TPS). Development of Demex is led by the community where stakeholders are able to list new markets, make changes to market parameters and drive the overall growth of the platform.