Earn your share of 30,000,000 Demex Points by locking $MNT to accumulate MNT Power AND trading on Demex in exchange for lottery tickets to participate in this time-limited event!

Demex (a.k.a. Decentralized Mercantile Exchange) is a decentralized L1 platform built from the ground up to support a fully on-chain financial system. Every action is visible on-chain, and it supports up to 50k orders per second with a 1.6s block finality time. Demex Points are the rewards mechanism to track and reward user activity on Demex. Your points balance will determine your allocation of $DMX tokens in Demex's upcoming airdrop.

Event Period

• Start Date: March 28, 2025, 10AM UTC
• End Date: April 18, 2025, 10AM UTC
• Tickets Revealed*: April 28, 2025, 10AM UTC

*Users will only be able to see their estimated number of lottery tickets prior to this date. A user's final tickets will be unveiled on April 28, 2025, along with the winning lottery ticket numbers.

Earn MNT Power & Trade on Demex for Lottery Tickets

New cycle, new rewards and new event rules to win some Demex Points. Make sure you complete ALL the following steps to receive one (1) ticket:

1. Lock your $MNT on Rewards Station and earn MNT Power
2. Hold a daily average of at least 200 MNT Power or more throughout the event — All existing and new locked $MNT will be automatically converted
3. Trade a minimum of $1,000 worth on any perpetual contract on Demex by April 18, 2025, 10AM UTC
4. Wait for the lottery to open and find out if you've won!

*If you're new to Demex, learn how you can start trading with their tutorial here.

Please note that the maximum number of tickets a single user can receive is one (1) only; users must lock sufficient MNT for MP and trade on Demex to be eligible for the lottery. The wallet address connected to Rewards Station and the trading account on Demex must be the same for the user to be an eligible participant of this event.

Rewards Distribution

A total of 2,000 winning tickets will be randomly drawn, with the total rewards pool split evenly across each ticket (15,000 Demex Points per winning ticket). If there are less than 2,000 participants, users will still get 15,000 Demex Points per winning ticket. All winning tickets will be unveiled on April 28, 2025, 10AM UTC and users will be able to see their winnings, if any, on Demex.

Time to get locked in for rewards!