$PAXG now trading live on Demex!
Our first commodity linked perpetual future.
🟨 Up to 20x leverage
🟨 Supported by liquidity from the FOMO Perp Pool
Any trade on perpetual markets will earn Demex Credits (trading incentives): app.dem.exchange/trade/PAXG-PERP
View tweet: https://x.com/demexchange/status/1917748515708743841
Our first commodity linked perpetual future.
🟨 Up to 20x leverage
🟨 Supported by liquidity from the FOMO Perp Pool
Any trade on perpetual markets will earn Demex Credits (trading incentives): app.dem.exchange/trade/PAXG-PERP
View tweet: https://x.com/demexchange/status/1917748515708743841
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User Pools — coming soon to Demex.
Launch your own perpetual trading pools, increase your collateral, and earn shared profits.
Stay tuned 👀
View tweet: https://x.com/demexchange/status/1918197347739419028
Launch your own perpetual trading pools, increase your collateral, and earn shared profits.
Stay tuned 👀
View tweet: https://x.com/demexchange/status/1918197347739419028
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All unused Spins expire this Sunday, 11 May at 23:59 UTC.
Please check your Spins balance in the Points Hub and redeem any remaining Spins in the Wheel of Fortune before the expiration.
app.dem.exchange/rewards/demex-points/main/overview
Please check your Spins balance in the Points Hub and redeem any remaining Spins in the Wheel of Fortune before the expiration.
app.dem.exchange/rewards/demex-points/main/overview
Demex Credits Season 16 has come to an end!
We accrued $3,080 in trading fees - with 400,000 $SWTH distributed among 212 traders!
You can claim your rewards in the next few days.
app.dem.exchange/rewards/demex-credits
We accrued $3,080 in trading fees - with 400,000 $SWTH distributed among 212 traders!
You can claim your rewards in the next few days.
app.dem.exchange/rewards/demex-credits
Demex Credits Season 17 is now underway 💙
The season will run till 3 June, 8 AM UTC.
Trade perps to climb the ranks and earn Demex Credits.
Here’s what’s up for grabs:
⊹ Up to 10% in trading rebates
⊹ Rewards kicking off at 400,000 $SWTH
app.dem.exchange/rewards/demex-credits
The season will run till 3 June, 8 AM UTC.
Trade perps to climb the ranks and earn Demex Credits.
Here’s what’s up for grabs:
⊹ Up to 10% in trading rebates
⊹ Rewards kicking off at 400,000 $SWTH
app.dem.exchange/rewards/demex-credits
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Rewards are out 💸
The $7,000 Prize Pool for Mantle Rush has been distributed.
View tweet: https://x.com/demexchange/status/1922519349333786992
The $7,000 Prize Pool for Mantle Rush has been distributed.
View tweet: https://x.com/demexchange/status/1922519349333786992
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Check your wallets... 👀
The Loss Protection Program Season 5 rewards have been distributed 🎉
💰 1,000 USD shared among 13 winners.
Were you one of the lucky ones?
Find your rewards here → app.dem.exchange/rewards/history
View tweet: https://x.com/demexchange/status/1922520740051746925
The Loss Protection Program Season 5 rewards have been distributed 🎉
💰 1,000 USD shared among 13 winners.
Were you one of the lucky ones?
Find your rewards here → app.dem.exchange/rewards/history
View tweet: https://x.com/demexchange/status/1922520740051746925
✅ All activities on Nitron have resumed — the temporary pause has been lifted and services are fully back online.
All funds are SAFU.
Thank you for your patience!
View tweet: https://x.com/demexchange/status/1922533768478523779
All funds are SAFU.
Thank you for your patience!
View tweet: https://x.com/demexchange/status/1922533768478523779
Turn your trades into a strategy others can follow.
Or let a pro trade for you.
Introducing User Pools on Demex:
⊹ Traders earn by managing perp pools
⊹ Depositors earn passively from shared PnL
Fully on-chain. Transparent. Permissionless.
→ app.dem.exchange/pools/perp/user
View full thread: https://x.com/demexchange/status/1922952315499315249
Guide: https://guide.dem.exchange/demex-rewards/user-pools
Or let a pro trade for you.
Introducing User Pools on Demex:
⊹ Traders earn by managing perp pools
⊹ Depositors earn passively from shared PnL
Fully on-chain. Transparent. Permissionless.
→ app.dem.exchange/pools/perp/user
View full thread: https://x.com/demexchange/status/1922952315499315249
Guide: https://guide.dem.exchange/demex-rewards/user-pools
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Dear Demex Community,
We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are truly sorry this has happened.
As soon as we detected suspicious activity, we immediately paused all lending and borrowing on Nitron and launched a full investigation. Our top priority now is tracing the stolen funds and working with partners, exchanges, and relevant authorities to prevent the exploiter from moving or cashing them out.
Here’s what’s happening:
Lending & Borrowing Paused: All Nitron activity has been halted to prevent further loss.
Trading on spot and perpetual markets is unaffected, and the loss is fully contained to Nitron lenders.
Funds Tracing Underway: We are tracking the attacker’s addresses and movements across chains.
Coordination in Progress: We are actively working with exchanges and infrastructure partners to freeze or intercept funds where possible.
Next Steps for Lenders: We are assessing options for restitution and will share a concrete plan as soon as possible. A detailed list of affected assets will be published shortly.
A full post-mortem is in progress and will be shared publicly. We will also schedule a community discussion to walk through what happened and how we’re moving forward.
We know your trust has been shaken. We’re doing everything in our power to make this right — and we’ll keep fighting for every dollar that was taken.
With heavy hearts,
The Demex Team
https://x.com/demexchange/status/1923188482543059129
We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are truly sorry this has happened.
As soon as we detected suspicious activity, we immediately paused all lending and borrowing on Nitron and launched a full investigation. Our top priority now is tracing the stolen funds and working with partners, exchanges, and relevant authorities to prevent the exploiter from moving or cashing them out.
Here’s what’s happening:
Lending & Borrowing Paused: All Nitron activity has been halted to prevent further loss.
Trading on spot and perpetual markets is unaffected, and the loss is fully contained to Nitron lenders.
Funds Tracing Underway: We are tracking the attacker’s addresses and movements across chains.
Coordination in Progress: We are actively working with exchanges and infrastructure partners to freeze or intercept funds where possible.
Next Steps for Lenders: We are assessing options for restitution and will share a concrete plan as soon as possible. A detailed list of affected assets will be published shortly.
A full post-mortem is in progress and will be shared publicly. We will also schedule a community discussion to walk through what happened and how we’re moving forward.
We know your trust has been shaken. We’re doing everything in our power to make this right — and we’ll keep fighting for every dollar that was taken.
With heavy hearts,
The Demex Team
https://x.com/demexchange/status/1923188482543059129
X (formerly Twitter)
Demex (@demexchange) on X
Dear Demex Community,
We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are…
We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are…
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Demex Announcements
Dear Demex Community, We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are…
Our post-mortem has been published here: https://blog.dem.exchange/nitron-post-mortem/
Demex Blog
Nitron Exploit Post-Mortem: What Happened, What Was Lost, and What’s Next
On May 16th, Demex's lending markets (Nitron) were exploited, resulting in a loss of $950,559 in user funds. The exploit was isolated to Nitron — no user funds in spot or perpetual trading were affected, and those services remain fully operational.
This…
This…
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We've published the restitution plan for the Nitron exploit with updates and next steps.
💙 Affected lenders will receive a recovery token with a flexible redemption path.
⚖️ We're committed to making things right while preserving the long-term health of the platform.
https://blog.dem.exchange/nitron-exploit-update-restitution-next-steps/
💙 Affected lenders will receive a recovery token with a flexible redemption path.
⚖️ We're committed to making things right while preserving the long-term health of the platform.
https://blog.dem.exchange/nitron-exploit-update-restitution-next-steps/
Demex Blog
Nitron Exploit Update: Recovery, Restitution & Next Steps
Since the Nitron lending market exploit, we've been working tirelessly on recovery, and formulating a fair restitution plan.
Here’s a comprehensive update on what we’ve done so far, how we plan to compensate affected users, and what we’re building next to…
Here’s a comprehensive update on what we’ve done so far, how we plan to compensate affected users, and what we’re building next to…
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✅ Demex is up and running again!
Users can now resume their activities on Demex without any disruptions.
Thank you for your patience!
https://app.dem.exchange/trade
Users can now resume their activities on Demex without any disruptions.
Thank you for your patience!
https://app.dem.exchange/trade
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📢 The nLEND conversion date and redemption platform launch is set for 26 June 2025 (10 days from now).
🧪 This is in view of the required chain upgrade, along with additional time required for testing and verifying of new code.
Details here: https://blog.dem.exchange/nitron-update-nlend-launch-date/
🧪 This is in view of the required chain upgrade, along with additional time required for testing and verifying of new code.
Details here: https://blog.dem.exchange/nitron-update-nlend-launch-date/
Demex Blog
Nitron Update: nLEND Platform & Restitution Progress
We want to provide a follow-up to our previous update on the Nitron restitution progress.
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Demex Announcements
📢 The nLEND conversion date and redemption platform launch is set for 26 June 2025 (10 days from now). 🧪 This is in view of the required chain upgrade, along with additional time required for testing and verifying of new code. Details here: https://blo…
⚙️ The nLEND redemption platform is set for launch tomorrow, 26 June 2025.
💫 We have important updates regarding redemption process.
Details here: https://blog.dem.exchange/nlend-redemption-platform-launch-update/
💫 We have important updates regarding redemption process.
Details here: https://blog.dem.exchange/nlend-redemption-platform-launch-update/
Demex Blog
nLEND Redemption Platform Launch Update
We are preparing to launch the nLEND redemption platform tomorrow, June 26, 2025, provided there are no last-minute technical issues.
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💙 nLEND redemption is now live.
📗 If you were affected by the recent incident, here's how to claim your restitution.
🕯This thread breaks it all down — including why you might want to wait before redeeming.
https://x.com/demexchange/status/1938196062248059164
📗 If you were affected by the recent incident, here's how to claim your restitution.
🕯This thread breaks it all down — including why you might want to wait before redeeming.
https://x.com/demexchange/status/1938196062248059164
X (formerly Twitter)
Demex (@demexchange) on X
nLEND redemption is now live.
If you were affected by the recent incident, here's how to claim your restitution.
This thread breaks it all down — including why you might want to wait before redeeming.
🧵🪡
If you were affected by the recent incident, here's how to claim your restitution.
This thread breaks it all down — including why you might want to wait before redeeming.
🧵🪡
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🔥 Nitron Liquidations Update
⚠️ We have revised our scheduled liquidation process.
✅ Please read the following article for details:
https://blog.dem.exchange/nitron-update-to-liquidation-process/
⚠️ We have revised our scheduled liquidation process.
✅ Please read the following article for details:
https://blog.dem.exchange/nitron-update-to-liquidation-process/
Demex Blog
Nitron: Update to Liquidation Process
Dear Demex Community,
Following feedback from Nitron users and community members, we want to provide an update to the previously scheduled resumption of liquidations on Nitron (3 July 2025).
The proposed change is meant to protect as many users as possible…
Following feedback from Nitron users and community members, we want to provide an update to the previously scheduled resumption of liquidations on Nitron (3 July 2025).
The proposed change is meant to protect as many users as possible…
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