# 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/)