🔢Demex Points
Welcome to the world of Demex Points! Learn about Demex Points, and how to earn them.
📢 Demex Points Update
Demex Points Season 1 is set to conclude on 16th December 2024.
Season 2 will follow shortly with a minimum 25% reduction in points allocation.
The end of Season 2 will be in Q1 2025, which will be followed by the launch of the $DMX token.
What are Demex Points?
Demex Points are awarded to loyal users who are active on Demex. Higher levels of account activity will lead to substantial increases in Demex Points.
Are you an OG? If you were active on Demex from 1 January 2023 to 20 March 2024, you might be eligible for Retroactive Demex Points! Learn more here.
Earning Demex Points
Earning Demex Points revolves around Wheel Spins, which unlock opportunities through the Wheel of Fortune and Loot Boxes.
Wheel Spins
Wheel Spins are your ticket to unlocking more Demex Points through the Wheel of Fortune. Spins can be earned in 2 ways:
Active Perp Trading: Earn 1 spin instantly for every $10,000 traded on perpetual markets
Perp Pool Deposits: Receive 1 spin for every $1,000 deposited and held in perpetual pools pro-rata* each week
Join us for the DeFi Points Booster running from May 14th to May 21st, starting at 8am UTC. Get ahead with boosted Spins by:
Depositing into the DeFi Perp Pool.
Trading on markets linked to the DeFi Perp Pool.
Find out more details here.
Your trading volume and deposits are meticulously tracked through 5-minute snapshots. This ensures that your spins are continuously updated in real-time, with new data refreshed every 5 minutes.
Accumulating Spins via Perp Pool Deposits*
To calculate the number of spins you can accumulate through Perp Pool deposits, use the following formula:
Here are some examples:
Example 1
Bob deposits 1,000 USDⒼ in the Perp Pool.
Assuming his deposit remains unchanged for a week, Bob will be awarded 1 spin at the end of the 1-week period.
Example 2
Alice deposits 2,000 USDⒼ in the Perp Pool.
Assuming her deposit remains unchanged for 1 week, Alice can expect to receive 2 spins at the end of the 1-week period.
Example 3
Tom deposits 2,000 USDⒼ in the Perp Pool.
Assuming his deposit remains unchanged for 3.5 days, Tom can anticipate getting 1 spin at the end of the 3.5 day period.
Example 4
Rachel deposits 200 USDⒼ in the Perp Pool.
Assuming her deposit remains unchanged for 5 weeks, Rachel can expect to receive 1 spin at the end of the 5-week period.
Loot Boxes
Use your earned Wheel Spins to spin the Wheel of Fortune and earn Demex Points from Loot Boxes!
Each spin guarantees you a Loot Box.
There are 5 different types of Loot Boxes (Common, Uncommon, Rare, Epic, Legendary), each carrying varying Points.
The rarer the box, the more Demex Points packed inside!
Feeling lucky? The legendary loot box is packed with the maximum number of points! Who knows, fortune might just smile upon you 🍀
Ready to collect Spins? Connect to Demex through Leap Wallet, and stay informed about the latest alpha on Leap's Airdrop Dashboard!
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