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What is Demex?
Good day, fair traveller!
From spot, perpetuals, and futures markets, as well as a cross-chain money market. In the future, we will also support options, bonds, synthetic assets, and more.
Hyperliquid is an order book perpetual futures DEX. Hyperliquid does everything the best CEXs do, but on-chain.
The DEX runs on the Hyperliquid L1, a purpose built blockchain using Tendermint for consensus that is performant enough to operate the whole exchange – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The chain currently supports 20k orders / second.