# Introduction DMEX is a pioneering **decentralized perpetuals exchange** (DEX) for margin trading, established in 2019. We deliver a seamless trading experience that rivals centralized platforms—without ever compromising on decentralization, self-custody, or privacy. Today, DMEX stands out in the DeFi landscape with features designed for serious traders: * **Zero gas fees** on trades — keep more of your profits * **No KYC** required — true anonymity and permissionless access * **Multi-collateral support** — use BTC, ETH, SOL, XMR, USDT/USDC, BNB, TON, and more as margin * **Cross-margin positions** — the first DEX to offer this powerful feature, allowing efficient use of collateral across multiple trades * **High leverage** up to 250x on select pairs — maximize your exposure with control * **Quanto perpetuals** — trade with stable, predictable payouts in your preferred collateral * **Demo mode** available — practice risk-free before going live * **Broad asset coverage** — perpetuals on major cryptos like BTC, ETH, and an ever-growing list including recent additions such as WLD, NEAR, SUI, ARB, TAO, and many others * **Optimized funding rate system** — earn interest by holding positions when funding works in your favor Whether you're a professional trader seeking CEX-like performance in a fully on-chain environment or a DeFi user who values privacy and non-custodial control, DMEX combines innovation, reliability, and user-centric design to power your next-level trading strategy. Trade smarter, trade freer → [dmex.app](https://dmex.app/) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.dmex.app/master.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.