🚀 Demex Referral Club

**Demex Credits enters its final season** with significant rewards for perpetual traders. **Key Details:** - Up to **10% trading rebates** available - **400,000 $SWTH** in rewards up for grabs - Focus on perpetual trading to climb leaderboards - Final opportunity to participate in the program **Previous Season Results:** - Season 20 generated $6,599.23 in trading fees - Rewards distributed among 59 active traders - Claims now available for past participants The exchange hints at **major developments** following this concluding season, though specifics remain undisclosed. Traders can participate by engaging in perpetual trading on the platform to earn credits and climb rankings for reward distribution.

Demex announces implementation of new tier requirements effective July 22, aimed at enhancing trading experience and $SWTH staker value. Key updates include: - New tier structure rollout - Launch of $PENGU trading with 20x leverage - $MORPHO trading addition with 20x leverage - Mantle Mayhem and Base Trading League upcoming - Roadmap updates forthcoming The platform continues to expand its cross-chain capabilities while maintaining focus on maximizing yield opportunities for users.

Demex has launched pre-market trading for $PUMP perpetuals with up to 3x leverage. The new market is supported by the FOMO Perpetual Pool infrastructure. Key features: - Pre-market trading now live - Maximum 3x leverage available - Liquidity backed by FOMO Perp Pool - Traders earn dual rewards: Demex Credits and Points Access trading at [Demex Exchange](https://app.dem.exchange/trade/PUMP-PERP) This follows their successful December launch of $HYPE perpetuals which offers up to 20x leverage through the DeFi Perp Pool.

The nLEND redemption platform has launched, offering affected users a path to recover their assets. Here's the process: - **Step 1**: Users with Health Factor <1 must repay borrowed assets - **Step 2**: Claim nLEND tokens through Nitron platform - **Step 3**: Choose to redeem now or hold for potential higher value *Key Points*: - Redemption is optional; value can only increase - Only risky positions (HF <1) require repayment - Recovery efforts ongoing with full transparency Monitor redemption value at [DEM Exchange](https://app.dem.exchange/n-lend) *Important*: Once redeemed, you cannot participate in future higher-value redemptions.