Demex (DMX) — price, overview & secure storage
Demex (DMX) price today — live converter
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Last Updated on Jul 26, 2026 09:04 AM
What is Demex? Complete guide to DMX
What is Demex and who created it?
Carbon, formerly known as Switcheo, is a decentralized layer 2 cross-chain trading protocol. It is designed to facilitate the trading of sophisticated and advanced financial instruments such as options, bonds, and futures. The rebranding to Carbon signifies a shift towards a more comprehensive trading ecosystem that aims to operate at scale.
Key features of Demex blockchain
Carbon's main features include its ability to support complex financial instruments, which are typically not available on traditional decentralized exchanges. The protocol is built to handle high-volume trading and offers a robust infrastructure for traders looking to engage in more advanced market activities. Its cross-chain capabilities allow for seamless trading across different blockchain networks, enhancing liquidity and market access.
How Demex transactions work
Carbon operates as a layer 2 solution, meaning it is built on top of existing blockchain networks to provide enhanced functionality and scalability. By leveraging cross-chain technology, Carbon enables users to trade assets across multiple blockchains without the need for intermediaries. This is achieved through a network/">decentralized network of nodes that facilitate transactions and ensure the security and integrity of the trading process. The protocol's architecture is designed to support high-frequency trading and complex financial products, making it a versatile platform for both retail and institutional traders.
Wallet for Demex
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Tangem supports networks for Demex
- Ethereum
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Similar cryptocurrencies to Demex (DMX)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 Bitcoin BTC | $64,438.54 | 0.97% | $1.29T |
 Ethereum ETH | $1,880.32 | 1.54% | $0.23T |
 Tether USDT | $0.9991 | 0.00% | $0.18T |
 BNB BNB | $571.46 | 1.31% | $76.09B |
 USDC USDC | $1.0000 | 0.00% | $72.55B |
Frequently asked questions about Demex (DMX)
- Demex is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Demex offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes. DMX is the trading symbol used to identify Demex on exchanges and charts.
- You can buy Demex using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
How to store Demex securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted Demex hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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