Demex Description
The world's first fully-decentralized derivatives platform unleashes the power of DeFi. Demex allows you to reimagine open markets. Demex uses a layer 2 blockchain solution to provide unparalleled trading experience. Carbon Protocol (formerly Switcheo TradeHub), a layer 2 sidechain designed for trading complex financial instruments at scale, is called Switcheo TradeHub. It includes an order matching engine and a liquidity pool protocol that can simulate AMM liquidity in exchange order books. To ensure strict network security, the protocol uses Tendermint Core to act as the underlying consensus mechanism. It is run by validator nodes using the dPOS model. We welcome your ideas to improve Demex. You can join our community to share, propose, or execute your ideas.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
The most decentralised exchange with all the benefits of a CEX Date: Mar 10 2022
Summary: Overall I am very satisfied using dem.exchange and don't use other exchanges anymore. I can recommend the exchange to every one experienced traders or novice.
Positive: From all the exchanges I have used Demex gives me the best UX and UI. It's a great experience trading with this exchange by using the order books. It has a lot of features which we know from the CEX's and stock market brokers, with the advantage of being a decentralised exchange, so no KYC needed.
Negative: The exchange is relatively unknown and new so the TVL and volume needs to rise. Benefit of this is that you can buy their native token for a low price now.
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