Futures

The following instructions illustrate how to create futures markets on Demex.

Learn more about Futures here.

Create a New Futures Market

Step 1: To get to the 'Create Market' feature, go to the Markets page on Demex and select the 'Create Market' option.

Step 2: Select 'Futures' under 'Market Type'.

Step 3: Select the Price Oracle accordingly.

To (i) Learn more about oracles and (ii) View the full list of oracles supported, click here.

Step 4: Choose the Underlying Token and Settlement Token accordingly. The current base and quote token price will be automatically derived from the price oracle chosen.

In a futures contract, the underlying token is the cryptocurrency being traded at a given price, at a specific date in the future (expiry time). The contract will then be settled in the specified settlement token at the expiry time. For example, when trading ETH futures, ETH is the underlying token. If the futures contract is settled in USD, USD is the settlement token

Step 5: Input the expiry time.

Step 6: Ensure that the details are correct, then click on the 'Create' button.

Step 7: Futures market successfully created!

That's it! Your market has been permissionlessly created. You can now start trading on the market.