Why Demex?
Try us and see why we are the only DEX you need!
Last updated
Try us and see why we are the only DEX you need!
Last updated
Demex is designed for:
Deep Liquidity - Demex spot and perp order books are complemented with an automated market marker (AMM) system which is backed with liquidity pools. This creates a strong backstop of liquidity and minimizes slippage for traders.
Nitro Fast Trades - With a 1.8s blocktime, Demex finality is 400x faster than Ethereum, and comparable to the newest Layer-2 chains out there.
True Fairness - Demex's trading engine is MEV-resistant - all trades within a block are treated with the same time priority and are fairly matched through a with a single clearing price.
True Openness - List any token and create any market permissionlessly from any IBC, EVM and non-EVM chain on Demex.
One-stop shop - Demex supports sophisticated financial instruments not typically seen in most DEXs. This means you can deposit once and do everything you need on Demex!
The following table details how Demex compares to other Perpetual DEXs and CEXs:
Exchange
Demex
dYdX
Bitmex
Binance
Matching
Up to 10,000 TPS in burst
10 TPS, dependent on ETH network
200 TPS in burst
Up to 100,000 TPS
Oracle
Carbon oracle
MakerDAO Oracle V2
Composite based on spot CEXs
Composite based on spot CEXs
Instruments
Spot,
Dated futures, Perpetual swaps, Money markets,
Options (upcoming)
Perpetual swap
Dated futures, Perpetual swap
Spot,
Dated futures, Perpetual swap
Market Maker
Constant product AMM + Community Market Makers
Paid corporate MMs
Bitmex trading team
Paid corporate MMs / Binance trading team
Liquidation
Insurance fund, ADL
Community liquidation
Insurance fund, ADL
ADL
Fees
Based on $SWTH stake
2.5 bps maker 7.5 bps taker
-2.5 bps maker 7.5 bps taker
2 bps maker 4 bps taker
Decentralization
Carbon - 23 validators
Starkware - single sequencer
Centralized
Centralized
Registration
Any Cosmos or Web3 Wallet
Any Web3 Wallet
Email + KYC
Email + KYC
Withdrawal / Deposit
Few seconds (IBC) to few minutes (L1 / L2)
Few minutes
Daily
Few minutes
Rewards
Demex token airdrop, referral incentives
Liquidation incentives
N/A
N/A
Team
Community Driven w/ Web3+Trader-centric core dev support
VCs
Corporation
Corporation