Demex is a 2nd-generation derivatives DEX designed for trading sophisticated financial instruments and derivatives across multiple blockchains. The exchange integrates pooled liquidity with order books, allowing anyone to be a market maker by contributing liquidity and earning from trading fees. Demex is powered by the layer-2 decentralized protocol, Switcheo TradeHub, an open-source dPOS order matching engine. Development of Demex is entirely led and hosted by the community.