Demex IDO on OccamRazer

OccamFi
Occam.fi
Published in
2 min readApr 26, 2024

The OccamDAO is excited to announce the upcoming IDO for Demex, the first BTC L2 perp DEX that stands as a beacon of innovation in decentralized trading. Built on the pioneering infrastructure of Cosmos and enhanced by technologies from Axelar, Babylon, and more, Demex is setting new standards in the DeFi space.

About Demex:

Demex will be the first BTC L2 perp DEX offering low slippage and competitive spreads for a superior trading experience. Demex will allow users to seamlessly trade across different chains while using multiple collateral as margin, thereby enhancing capital efficiency and user experience dramatically.

Demex will establish itself as a leader in the perp DEX space for the BTC community by offering BTC-settled perps and yield opportunities for BTC holders as well.

Upcoming Key Features:

  • Multi-Chain Access: Access Demex from multiple supported networks enabling seamless trading on whichever chain you are on thanks to account abstraction.
  • Multi-collateral Support: Utilize BTC and even other yield-bearing assets across multiple chains to unlock additional capital efficiency.
  • Yield for BTC Holders: Earn passive and active yields on BTC through innovative DeFi strategies, enhancing the utility and value of holding BTC.
  • BTC-Settled Perps: Trade with the security and simplicity of BTC settled perps, a first in the perp DEX landscape.

IDO Details:

Detailed information on the IDO and a comprehensive due diligence report will be available soon. Engage with Demex’s revolutionary platform by participating in the OccamDAO IDO!

For more information and to participate in staking, visit our platforms: OccamRazer and Demex Twitter.

--

--