UI freezing bug fix and interface optimizations
Minimum order value reduced to 10 USD
Trade processing moved to xDAI sidechain
Risk Limits added
Global MM Multiplier added
Funding period no longer position entry block dependent
Bitcoin added as Margin Currency through decentralized stack. Details here.
DMEX Token contract updated
DMEX Token set as feeAccount in the contract (token is now fully integrated)
Major contracts update with the following changes:
[Bug Fix] When trying to open a position using your full balance the order would sometimes not fill and get cancelled
[Bug Fix] Allow 1x leverage
[New] Allow for flexible leverage levels (eg. 3.5x)
[New] Allow for margin update on an open positions (add margin)
[New] Allow for token integration into the DMEX contract
[New] Withdrawal fee for non-ETH collateral currencies will be paid in collateral currency (not ETH as was the case, where you had to deposit ETH to DMEX in order to withdraw DAI)
[New] Funding cost charged every 8 hours (approx.). If you keep the position open for less than 8 hours, no funding cost is paid. If the position is open for 10 hours, only 8 hours of funding cost will be charged.
[Bug Fix] User order indicator not showing up properly in the order book for limit orders
[Bug Fix] Pending deposits/withdrawals getting stuck in the UI
Minimum order value based on leverage introduced:
Minimum Order Value
10x or less
DMEX Token now available on Uniswap Exchange: https://uniswap.exchange/swap/0x45Fcf164BaffBefaeE70a368c96de6f33BDCcab0
DAI returned as margin currency
Minimum order value set to 100 USD (this is the price * amount, not the margin/collateral)
removed the first step in trading fees (0-150$), 100-500$ remains instead
brought back perpetual contracts with increased funding rate (use expiring contracts for lower funding rates)
added 90D expiration term option
Step-by-step interactive tour for new users added
Market Order added
Funding rates reduced
Trading fees updated
Referral program launched
Flexible trading fees This will allow the offering of trading fee discounts for bigger orders and the ability to charge higher fees for small orders (to better cover the gas fees).
Token collateral functionality added
Perpetual (never expiring) contracts are now available on all assets. This means you can open a position and keep it open indefinitely. It will not close until you decide to close it.
New Leverage levels: 1x and 2x
With 1x leverage you can trade assets as you would on a spot exchange, the only difference being that you can only withdraw ETH, so if you buy BTC or other assets you cannot withdraw them, you can only earn the profit on the position in ETH.
Deployed an updated contract that solves a minor issue in the logic that prevented expired positions from closing properly.
Position expiration bug fix. We have fixed an annoying bug that would throw an error when closing some expired positions and prevent them from closing.
Longer expiration terms for highly leveraged contracts. Now, up to 30D expirations available on all leverages.
Perpetual contracts are now available. Perpetual contracts are futures contracts without an expiration date. Positions on perpetual contracts do not expire and can only be closed through the order book.
Fee Credit implementation is now possible. The new contracts allow dynamic reduction of trading fees for users with Fee Credit on their account.
Funding Cost is no longer reserved in the margin. Funding costs for the life of the contract will no longer be reserved during position opening. Instead, the liquidation price will be adjusted during the time the position is open to take into account the accumulating funding cost. This allows us to offer long term and perpetual futures contracts for high leverage positions.
Taker fee will be charged to close an expired position. When a position is expiring the trader will be charged the taker fee for the closure of the position to cover the gas and oracle costs.
Funding cost bug fixed. Solved a small bug that deducted the wrong amount of funding cost on position closure.
Email and Password login added to DMEX (private keys are sent to DMEX encrypted, DMEX cannot read the private keys)
Profit cap removed. Positions can now make unlimited profit.
Liquidity pools added