Nitron_Community (💙,🧡)

Home of the @demexchange #Nitron Money Market Community
Launching in November 2022

[Nitron_Community (💙,🧡) @NitronMM]

Step by step guide for new Nitron users 👇

[Demex @demexchange]

This thread provides a step-by-step user guide on how to lend milkTIA on Nitron.

Let's dive in ↓

[Demex @demexchange]

Dear Demex Community,

We’re heartbroken to share that the Nitron lending market on Demex was exploited today, resulting in just over $1 million in user funds being drained. The exploit was caused by a faulty oracle tied to the deprecated dGLP token. We are truly sorry this has happened.

As soon as we detected suspicious activity, we immediately paused all lending and borrowing on Nitron and launched a full investigation. Our top priority now is tracing the stolen funds and working with partners, exchanges, and relevant authorities to prevent the exploiter from moving or cashing them out.

Here’s what’s happening:
Lending & Borrowing Paused: All Nitron activity has been halted to prevent further loss.
Trading on spot and perpetual markets is unaffected, and the loss is fully contained to Nitron lenders.

Funds Tracing Underway: We are tracking the attacker’s addresses and movements across chains.

Coordination in Progress: We are actively working with exchanges and infrastructure partners to freeze or intercept funds where possible.

Next Steps for Lenders: We are assessing options for restitution and will share a concrete plan as soon as possible. A detailed list of affected assets will be published shortly.

A full post-mortem is in progress and will be shared publicly. We will also schedule a community discussion to walk through what happened and how we’re moving forward.

We know your trust has been shaken. We’re doing everything in our power to make this right — and we’ll keep fighting for every dollar that was taken.

With heavy hearts,
The Demex Team

[Schrotti BTC @schrotti77]

Great chat 👇

[Demex Intern @demex_intern]

PT $mETH has launched on Nitron, Demex’s cross-chain money market!

in collaboration with Mantle, this launch brings powerful DeFi tools to the Mantle ecosystem. more assets, trading pairs, and competitions are on the way.

dive into 🧵 or read the blog ↓
https://t.co/1IHp6cVlbZ

[Demex @demexchange]

Nitron pools are filling up!

$milkTIA from @milky_way_zone and $dATOM from @dropdotmoney has high demand from our traders.

Lend $dATOM or $milkTIA and trade any perps to earn Demex points and earn droplets while you are lending your $dATOM on Nitron!

→ https://t.co/e5NA14WXhn

[Demex Intern @demex_intern]

ready to compound your yield? demex now supports $USDY yieldcoin by @ondofinance—a yield-bearing stablecoin secured by us treasuries. boost your defi strategy and earn passive income with this powerful asset.

details below in 🧵

or read the blog ↓
https://t.co/cVALgPWg8G

[Demex @demexchange]

Transactions on Demex are now 30% faster 🚀

Our block time has dropped from ~2 seconds to a blazing 1.39 seconds.

This means faster trades and smoother experiences for all our users. We're pushing to break the 1-second barrier, aiming to make Demex the swiftest perp DEX.

Get ready for lightning-fast trading like never before⚡️

[Demex @demexchange]

🚨 $LUNA Parameter Change on Nitron

We will be adjusting these parameters for $LUNA:
- Optimal utilization up to 70% from 50%
- Variable rate slope 2 down to 150% from 300%
- Interest rate up to 20% from 15%

These will make $LUNA borrowing more manageable, allowing users to borrow more $LUNA and use it to to earn yield in Terra Liquidity Alliance.

Thank you for your continued support! 🚀

[Schrotti BTC @schrotti77]

Next FIRST for @demexchange 👏
👇

[Schrotti BTC @schrotti77]

Wow 🤝😱

[Demex @demexchange]

Soon™️

[Ash Crypto @AshCrypto]

🚨 BREAKING 🚨

$2 TRILLION 🇺🇸 BNY MELLON BANK,
HAS RECEIVED SEC APPROVAL TO
CUSTODY BITCOIN FOR CLIENTS!

THIS IS MASSIVE 🔥

[𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 @el_crypto_prof]

#Bitcoin

It has finally happened.

For the first time in $BTC's history, we see a golden cross of the SMA100/SMA200 (W).

Probably nothing.👀🔥

[Ash Crypto @AshCrypto]

🚨 BREAKING 🚨

SOMEONE JUST TRANSFERRED
$180 MILLION TO BINANCE.

WHILE RETAIL IS PANICKING BIG
WHALES ARE BUYING THE DIP 🔥

[Demex @demexchange]

Trade on the cheapest DEX in the world instead.

Demex offers the lowest maker & taker fees out of all perp DEXs. Maximize your edge by keeping more of your profits when you trade with us.

Start Now: https://t.co/czQQEu1cbZ

[Demex @demexchange]

In midst of the blood red storm in crypto that we are having, our perp pools: unbothered. moisturized. happy. in perp pools. focused. high apr.

We will even one-up ourselves and do you one better, stay tuned!

[Demex @demexchange]

Trade, lend and compete to lead your crew to victory in the #CosmosTradingLeague 🚀

💙 Register with one crew per account for the entire competition
🤝🏻 Pledge your allegiance by lending your crew's native asset on Nitron
🔥 Trade on any perp market to accumulate points - The more you trade, the more points you earn!

Keep trading to help your crew climb the leaderboard and win a share of the $100,000 prize pool!

Join a crew today: https://t.co/mFrIN4uRgG

[Demex @demexchange]

wishing the winners of the Archway Trading League a hearty congratulations once again! 🧡

the prizes have been paid out in ARCH tokens on the Carbon Network. if you are one of the 20 ranking winners, please check the rewards page for your prizes.

https://t.co/TJW3FqFixG

[Demex @demexchange]

Have you done LP staking yet?

If you haven't, you should do so soon. I heard that there will be incentives for LP staking in perpetual pools. 👀

More information coming soon.

Deposit USDⒼ to start earning today: https://t.co/gF5y2hhNAg

[Demex @demexchange]

Transfers between @StargazeZone and @0xcarbon are back up and running! You can now deposit $STARS on Demex.

By lending $STARS on Nitron, you can:
✨ Earn $SWTH incentives
✨ Join the Stargaze Crew in the Cosmos Trading Competition and win up to $100K in prizes

https://t.co/kH31G0mbAq

[Leap Wallet | Sunset on 28th May @leap_wallet]

one month of all out pedal to the floor trading on @demexchange

trade perps & rise through the ranks to claim your share of the $100K Prize Pool 💰

use Demex with Leap's app browser for on-the-go trading 😉
scan the QR or tap the link to start

📌 https://t.co/qkJNpI45Jd