Demex Announces Permissionless Perpetual Markets Creation
Demex Announces Permissionless Perpetual Markets Creation
🔓 Perpetuals Just Got Easier
Demex is launching permissionless creation of perpetual markets for oracle-supported tokens. This expansion follows the pump.fun memecoin model, featuring:
- Instant market setup
- Mandatory locked liquidity
- DMX listing fees
- AMM integration
The update aims to lower market entry barriers while maintaining stability through liquidity requirements. Market makers and traders will benefit from expanded trading options, while the protocol generates fees through DMX.
This development follows similar moves in the space, like dYdX's recent Unlimited upgrade which also introduced permissionless markets and enhanced liquidity features.
#DemexSquaredDaily ➛ Permissionless Markets 🔓 About: Demex will unlock permissionless creation of perpetual markets for any oracle-supported token, expanding pump.fun’s memecoin model to perpetual trading with instant setup, locked liquidity, and DMX listing
Final Call: rSWTH Unstaking Deadline Approaches
**Important Deadline**: March 31st is the final day to unstake rSWTH from StaFi Protocol. Key steps: - Unstake via [StaFi Platform](http://app2.stafi.io/gallery/cosmos/SWTH/?net=stafiHub&tab=unstake) - Wait 31 days for $SWTH to appear in StaFi Hub wallet - Return $SWTH to Demex for staking benefits *Critical Warning*: Failure to unstake before the deadline may result in permanently locked funds due to StaFi's transition to LSaaS. Take action now to secure your assets.
Axelar Network Withdrawal Service Interruption Update
Axelar-based withdrawals are temporarily suspended on Demex. The technical team is collaborating with Axelar to restore services. Key points: - All user funds remain secure - Issue is related to ongoing Polynetwork-Axelar migration - Spot LP rewards remain paused during transition - Fiat withdrawals continue to function normally Platform stability and security remain the top priority during this maintenance period. Regular updates will be provided as the situation develops.