Topic: DMEX.App - First Decentralized Margin Trading Exchange (Read 168 times)

DMEX.App is the first-ever margin trading exchange to be fully decentralized! With up to 100X leverage.


https://i.ibb.co/JmrphHt/big-img.png

It is important to note that DMEX is firstly an Exchange and then it is Decentralized also. This means that there are no usual frictions and tradeoffs associated with decentralized exchanges. DMEX behaves like a usual centralized exchange: trades execute instantly, there is no competing for orderers (all orders are executed on first-come, first-served bases). Moreover, DMEX has significant advantages over traditional exchanges:

- Full security of funds (unhackable, unstealable)
- Position liquidations performed through a decentralized Oracle based on the price source. Owners of DMEX cannot manipulate the price to liquidate your position.
- Flexible Expiration dates for positions - this is something we haven't seen anywhere else. You can choose when you want your position to expire from 1h, 3h, 8h, 24h, 3d, 7d, and 30d.
- No Liquidity risk. Usually, when you open a position you are worried if there will be enough liquidity to close the position without incurring a huge slippage cost. Not on DMEX. Due to the structure of DMEX all positions are fully collateralized, if there are no orders in the orderbook, your position will settle in full on the expiration date (the flexible expiration dates come in handy here).

Assets traded: BTC, ETH, LTC, XRP, BCH, BNB, EOS, TRX, ADA, XLM, XMR, LINK, ETC, NEO, ONT, BTT, BAT, NANO, ATOM, IOTA and HOT.

DEMO Trading Available - Try DMEX for yourself without any risks.


DMEX vs BitMEX

Like if everything above wasn't enough, DMEX offers a much better liquidation price than centralized exchanges. We have performed several experiments to compare the conditions on DMEX and BitMEX and what we found out, surprised even us. For an identical Buy order of 1 BTC @ 9000$ with 3X leverage, the liquidation price on BitMEX is 6776$, while the liquidation price on DMEX is 6000$! A huge difference.

Similarly when comparing a Buy order at the same price of 9000$ but with 100X leverage, the liquidation price on BitMEX is 8957$, while the same value for DMEX stands at 8910$! The higher the leverage, the higher the proportional difference. In the 100X case, the distance from price to liquidation is more than TWICE! higher on DMEX (90$ compared to 43$).

Read here about our research in detail:
DMEX vs BitMEX - Liquidation Price 100X
DMEX vs BitMEX - Liquidation Price 3X


On first glance, this might sound unbelievable, but everything above is objectively true and can be easily verified. The day everyone was waiting for has arrived. Fully decentralized trading that doesn't feel like using a 1980's computer is here. We believe it is products like this, that creat real advantages and USPs that will advance the adoption of Bitcoin and cryptocurrencies as a whole.

Try DMEX today!