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

Learn more about Perpetuals here.

Create a New Perpetuals 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 'Perpetual' 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 perpetuals contract, the underlying token is the cryptocurrency being traded at a given price, without an expiry date. For example, when trading ETH perpetuals, ETH is the underlying token. If the perpetual contract is settled in USD, USD is the settlement token.

Step 5: Ensure that the details are correct, then click on the "Create" button.

Step 6: Perpetual market successfully created!

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

Last updated