Demex is a 2nd-generation derivatives DEX designed for trading sophisticated financial instruments and derivatives across multiple blockchains. The exchange integrates pooled liquidity with traditional 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, Carbon, an open-source dPOS order matching engine that can handle bursts of up to 10,000 transactions per second (TPS). Development of Demex is led by the community where stakeholders are able to list new markets, make changes to market parameters and drive the overall growth of the platform.