is the first decentralized exchange based on uniswap to offer peer to peer leverage trading.
DexMex allows any token on Uniswap to be long or short by suppressing any centralized limitation.
Anyone can deploy a long or short contract on any token, decentralizing therefore the decision-making operation to the community.
The Value of the short and long positions are determined thanks to a direct ratio between the interest of the shorts and that of the longs, thus allowing the system not to suffer from liquidity problems to reward its users.
No need to have a borrowing system for DexMex to work. The rewards are directly determined against the value of the losing positions.
We only have one entry fee set at 0,8%. No hidden commissions and users are not charged over time.
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The DexMex token is used for various aspects
DexMex users have complete control over the protocol. DexMex holders will manage the treasury fund and internal aspects of the platform such as fees taken or upgrading the protocol.
DexMex holders will be able to earn 0,4% commissions of all the trades in the platform by staking their tokens. They will earn fees directly in Ethereum.
0,2% of the total fees on the platform will be used to buy back DexMex.
The majority of the fees will be distributed to DEXM stakers, and some fees will be used to buyback DEXM or put in the treasury fund.
More specifically:
Token Ticker - DEXM
Total Token Supply
Seed Sale
0,0000166666 ETH per Token
Pre Sale
0,0000210526 ETH per Token
Initial Uniswap Listing
0,000025 ETH per Token
Team and development
Marketing, exchange listings, partnerships
DexMex is a project based in switzerland and founded by pioneers in the DeFi space.