Demex Unlocks Chain Abstraction: Connect from 250+ EVM Chains Instantly

Demex is simplifying access to this super DeFi app through chain abstraction. This unified approach enables users to connect with Demex from over 250+ networks directly through their MetaMask wallet, eliminating the need to switch between different blockchain networks to connect to Dermex. This is a significant step towards creating a truly borderless trading experience for all users and is in line with our vision to be the only DEX you need.

What is Chain Abstraction?

Chain abstraction is the process of streamlining the way users interact with multiple blockchains. Traditionally, using different blockchains often requires users to switch networks, deal with different wallets, and manage various assets, which can be complex and daunting. Chain abstraction removes these complexities, allowing users to engage with DeFi applications seamlessly, regardless of the underlying blockchain technology.

Imagine using your favorite app without worrying about what platform it runs on. Chain abstraction does just that for DeFi: it hides the technical details and enables users to focus on trading and investing without the hassle of navigating multiple networks.

Why is Chain Abstraction Important for Demex?

By embracing chain abstraction, Demex aims to enhance user experience and drive greater adoption within the DeFi ecosystem. Here’s why this is a game changer:

• Streamlined Access: Users can now connect to Demex using their MetaMask wallet across various blockchain networks without switching. This means fewer interruptions and a more fluid trading experience.
• Wider Reach: By simplifying access, Demex is opening its doors to a broader audience. Users from different networks can now trade on Demex without needing to familiarize themselves with network-specific details or create multiple wallets.
• Enhanced Security and Control: Users maintain full control over their assets while accessing multiple blockchain features from one interface. This reduces the risk of managing multiple wallets and enhances the security of their funds.

How Chain Abstraction Works on Demex

At Demex, chain abstraction is implemented to offer a seamless trading experience. Here’s how it works:

• Universal Connectivity: Users can connect their MetaMask wallet and access a wide range of trading pairs and liquidity pools across various blockchains. This ensures that users can trade their preferred assets without the hassle of network switching.
• Single Wallet Interface: Whether users are interacting with Ethereum, Binance Smart Chain, or any other supported network, they can do so from a single MetaMask wallet interface. This not only simplifies the trading process but also enhances the overall user experience.
• Access to Multi-Network Assets: With chain abstraction, Demex offers a vast selection of assets from multiple blockchain networks that users can interact with, all within a single application. This streamlines the experience, allowing traders to engage with a diverse range of assets.

View the full list of chains that Demex can connect to instantly here: https://wagmi.sh/core/api/chains

Note: Deposits & EVM transactions (staking/unstaking from Perp Pools) still need a network switch to Carbon EVM Network at this time.

What’s Next? Axelar Integration

Our journey doesn't stop here. As part of our commitment to enhancing cross-chain functionality, Demex is integrating Axelar. This integration will allow users to bridge assets from any supported chain to the Carbon chain, significantly expanding the number of tokens and assets available for deposit and trading on Demex. By incorporating Axelar, we’re ensuring that Demex users have access to an even broader range of assets, solidifying our position as the go-to cross-chain DEX.

The Vision: Connect to Any Chain

Looking ahead, Demex's vision is clear: to enable seamless trading across any blockchain. Whether it's EVM-compatible chains or non-EVM networks, we are committed to building a platform that allows users to trade, invest, and manage their portfolios across multiple ecosystems—all from a single, easy-to-use interface. The integration of Axelar is just one step on this journey, as we continue to strive towards a truly borderless and interconnected DeFi trading experience.

Demex: The Future of Borderless DeFi Trading

Demex is committed to pushing the boundaries of what’s possible in the DeFi space. By adopting chain abstraction, we envision a future where traders from all backgrounds can engage in a diverse range of assets and markets seamlessly.

Imagine a platform where:

• Seamless Trading: Effortlessly connect and trade a variety of assets without worrying about network complexities.
• Increased Participation: Attracting a larger community of traders who can participate without barriers, fostering a vibrant and active DeFi ecosystem.
• Innovative Solutions: Continuously enhancing our platform to provide users with the most efficient and user-friendly trading experience possible.

The TLDR

Demex has launched chain abstraction, allowing users to access the platform from over 250+ EVM-compatible chains without having to switch networks. This means you can now trade assets from Ethereum, Binance Smart Chain, Polygon, Avalanche, and many more—all from a single MetaMask wallet interface. By removing the hassle of network switching and offering seamless access to multi-chain assets, Demex enhances the overall trading experience.

What's next? Demex is integrating Axelar, enabling users to bridge assets from any supported chain to the Carbon chain, further expanding the range of assets and tokens available for trading. This move aligns with our vision to create a fully interconnected DeFi platform where traders can connect to any blockchain and trade without limitations.

Try it yourself now on app.dem.exchange!