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Topic: 🚀🎸 DMEX.App - Decentralized Margin Trading (100x leverage, 20+ assets)🔥🔥🔥 (Read 445 times)

member
Activity: 110
Merit: 11
This looks good, but where is the website hosted?
newbie
Activity: 34
Merit: 0
Bitcoin as Margin Currency now live on DMEX!

Fully decentralized!

Details
newbie
Activity: 34
Merit: 0
DEMO Trading Contest with 1ETH Prize!

The first monthly DEMO trading contest has started. Trade on the DEMO version of the exchange, the trader with the largest ROI by the end of the month will win 1 ETH!

When you open the DEMO version of DMEX you will receive 100 test-ETH. To participate simply start trading.

DMEX.APP

Good luck!
copper member
Activity: 134
Merit: 10
Founder/CTO at CoinIndex and ContractMarketCap.com
Hi, DMEX looks awesome. Good work!

So, what about public API? We very interested in this data for ContractMarketCap - leading crypto derivatives market data provider.

Maybe we can do some partnership and promotions you exchange at our platform? Let's talk directly in DM or e-mail: [email protected]
newbie
Activity: 34
Merit: 0
The DEMO version was updated. Now all users automatically receive 100 Test ETH to use on the demo version.

Please refresh the app to load the latest version.
newbie
Activity: 34
Merit: 0
Starting November 29 funding rates have been significantly reduced.

0% Funding Rate for short-term contracts
Contracts with expiration less than 8 hours (1h, 3h, and 8h) do not pay funding costs anymore.

Reduced funding rates for the rest
Funding rates for the contracts with expiration 8h+ (including perpetual contracts) have been significantly reduced.
For example, the BTC funding rate was reduced from 0.1% per day to 0.033% (three times smaller).
For the full list of rates check our fee schedule.

Happy Trading!
member
Activity: 163
Merit: 10
I used the platform. It is indeed super easy to use and decentralized. Keep up the good work.
newbie
Activity: 34
Merit: 0
Hi Everyone!

Today we are launching our affiliate program that will allow you to earn money promoting DMEX.

How does it work?
Once you enroll in the DMEX Referral Program you receive an affiliate link that you can post on your website, social media, forums, youtube video descriptions, etc.
Users that come to DMEX using your referral link, will be assigned as your referrals and you will receive 30% of the trading fees paid by your referrals.

How to enroll in the DMEX Affiliate Program?
It’s easy! Simply log in to DMEX with your account and go to Menu > Affiliate. At the top of the page, you will see your affiliate link.
Once your referrals start making trades you will see the list of trades show up on the page.

Happy Earning!
newbie
Activity: 34
Merit: 0
DAI added as a collateral currency

DAI is a “stablecoin”, a cryptocurrency that is pegged 1:1 to the USD (1 DAI = 1 USD).
Traders on DMEX can now use DAI as collateral currency for their positions. This will allow traders to protect themselves from the volatility in the price of ETH.

To deposit DAI to DMEX from your wallet follow the same procedure as you would with ETH (click the right arrow in the balances block).

Happy Trading!
newbie
Activity: 34
Merit: 0
Stop-Limit Orders are now live on DMEX.

A Stop Order is an order that does not enter the order book until the market reaches a certain Trigger Price. Traders use this type of order for two main strategies:

  • As a risk-management tool to limit losses on existing positions.
  • As an automatic tool to enter the market at the desired entry point without manually waiting for the market to place the order.

A Stop-Limit order will become a Limit Order when the Stop Price is reached.
newbie
Activity: 34
Merit: 0
Perpetual contracts now available on all assets!

Excellent! Our congratulations!

So, when will be API access available? Derivatives DEX is so rare, so we waiting API for integration at our platform.

Hi!

No ETA yet. But it's in the plans. Will update as soon as it's ready
copper member
Activity: 134
Merit: 10
Founder/CTO at CoinIndex and ContractMarketCap.com
Perpetual contracts now available on all assets!

Excellent! Our congratulations!

So, when will be API access available? Derivatives DEX is so rare, so we waiting API for integration at our platform.
newbie
Activity: 34
Merit: 0
Perpetual contracts now available on all assets!
newbie
Activity: 34
Merit: 0
New Leverage Levels now available:

1x & 2x

With 1x leverage you can trade assets as you would on a spot exchange, the only difference being that you can only withdraw ETH, so if you buy BTC or other assets you cannot withdraw them, you can only earn the profit on the position in ETH.

Happy Trading!
newbie
Activity: 34
Merit: 0
Today we have deployed updated versions of our smart contracts that will allow for new possibilities in DMEX.

Changelog:
  • Position expiration bug fix. We have fixed an annoying bug that would throw an error when closing some expired positions and prevent them from closing.
  • Longer expiration terms for highly leveraged contracts. Now, up to 30D expirations available on all leverages.
  • Perpetual contracts are now available. Perpetual contracts are futures contracts without an expiration date. Positions on perpetual contracts do not expire and can only be closed through the order book.
  • Fee Credit implementation is now possible. The new contracts allow dynamic reduction of trading fees for users with Fee Credit on their account.
  • Funding Cost is no longer reserved in the margin. Funding costs for the life of the contract will no longer be reserved during position opening. Instead, the liquidation price will be adjusted during the time the position is open to take into account the accumulating funding cost. This allows us to offer long term and perpetual futures contracts for high leverage positions.
  • Taker fee will be charged to close an expired position. When a position is expiring the trader will be charged the taker fee for the closure of the position to cover the gas and oracle costs.

These changes will allow for further development of the DMEX project and make it more competitive with the established centralized exchanges in the space.



Note: If you have funds on the old smart contract:
Go to Exchange > Menu > Smart Contracts
2. In the Base Contract dropdown select the second contract form the list.
3. Close the Menu
4. Withdraw funds (if you get an “insufficient funds” error, decrease the amount slightly.
5. Go to Menu > Smart Contracts and select the newest Base Contract
6. Deposit funds and Trade!
newbie
Activity: 34
Merit: 0
Email & Password login now available

In order to improve the user experience for users that do not have experience with using wallets and private keys, we have created a secure way to use your email and password for login.

When you register using this method, a private key is created on the browser and then encrypted with your password. Only the encrypted private key is sent and stored on our servers (the password is not sent to the backend). This way you still have total control over your funds but have the convenience of having to remember your password instead of the complicated private key.

For added security, you can still use MetaMask and Ledger.

Happy Trading!
copper member
Activity: 134
Merit: 10
Founder/CTO at CoinIndex and ContractMarketCap.com
Nice! Waiting for you announce!
newbie
Activity: 34
Merit: 0
Awesome, looks like an interest product. At derivatives market we need a true decentralized exchanges - but some of competitors still in development mode Sad

My team represent ContractMarketCap.com - world's first derivatives market data platform.
Looks like a coinmarketcap, but with strong focus to derivatives, such as futures, swaps and options (coming soon).

If we want to integrate connector for your exchange, where i can find API docs? Or who can help us?

Lot of thanks. Feel free to contact us - [email protected] or DM.

Hi indexprotocol,

We will be releasing our API somewhere in the future. We will make an announcement when it happens. We'll be happy to be featured on your portal.
newbie
Activity: 34
Merit: 0
Is there any promotion for using DMEX exchange?

Hi notblox1,

We we will be doing some sort of promotion in the future. If you have a suggestion on the type of promotion you would be most interested in, feel free to make a suggestion.
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