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Demex Daily #57: $CAKE PancakeSwap Token Rises on Reduced Supply Proposal

What’s Interesting Today: PancakeSwap, a decentralized exchange, proposed to reduce the maximum supply of its CAKE token from 750 million to 450 million, resulting in a significant price surge. CAKE's price increased by 20% on Thursday, reaching its highest level since May. This proposal is part of

Demex Partners With Secret Network: Demex Launches The SCRT Trading League

Demex and Secret Network have forged a powerful partnership aimed at revolutionizing trading opportunities for the Secret Network. Demex has launched the first fully on-chain derivatives markets for SCRT, opening doors for traders to go long on the token with leverage. Moreover, Demex has introduced a perpetual pool supporting

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition

Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition; Cardano Codebase Shifts to Intersect's Stewardship in Voltaire Era What’s Interesting Today: Lyra V2 has developed its own custom chain using the Optimism stack, providing ultra-fast trading and execution while

Trending Meme Coins 2023

As we near the close of the year, the meme coin industry is experiencing a surge in popularity within the crypto and altcoin sectors. Notably, BONK, a meme coin based on the Solana blockchain, recently achieved a new all-time high, propelled by the anticipation of increased exposure through listings

Mastering Fair Value Gap (FVG) in Crypto Trading | Demex Strategies

FVGs in crypto, like BTC perps, reveal market inefficiencies. They indicate potential trades, as seen in Demex's BTC chart. Identifying FVGs, like in Solana's rally, helps predict price movements, aiding traders in spotting entry/exit points.

Demex Daily #55: $SOL $BONK Bonk Memecoin Craze Boosts Solana Saga Phone Sales on eBay

What’s Interesting Today: The Solana Saga phone experienced a significant increase in demand and resale value following a frenzy over the free Bonk memecoin airdrop. Originally priced at $599, the phone sold out on its official website and was listed on eBay for as much as $5,000, over

Demex Daily #54: $ARB Arbitrum Enters Competition to Develop Celo's Layer-2 Network with Orbit Stack

What’s Interesting Today: Arbitrum, currently the largest layer-2 blockchain, has entered the competition to build a new layer-2 network for Celo, challenging previous proposals from Optimism, Polygon, and Matter Labs. Nina Rong of the Arbitrum Foundation proposed using their Orbit tech stack for Celo, highlighting its customizability

Demex Introduces The First Fully On-Chain SCRT-PERP Market

In a monumental stride, Demex pioneers the introduction of the SCRT-PERP market, a transformative trading instrument that redefines the landscape of decentralized finance (DeFi). Demex is the first derivative DEX to support this market. This launch empowers users to go long on Secret Network with up to 20x leverage!

The Ultimate Solana Airdrop Guide

Are you a Solana enthusiast looking to maximize your crypto gains in 2024? The Solana ecosystem is abuzz with exciting projects, and potential airdrops are on the horizon. In this comprehensive guide, we'll delve into five projects—Phantom Wallet, Drift Protocol, MarginFi, Kamino Finance, and Tensor HQ—shedding

Demex Introduces STRK Perpetuals As A Pre-Launch Market

Demex, a powerful derivatives DEX, is excited to introduce STRK-PERP as a Pre-Launch Market, offering crypto traders a unique opportunity to stay ahead of the market. This is a unique chance for traders not only to keep up but to move forward in the ever-changing crypto market.