Decentralized Mining Exchange
DMEX is a London-based DeFi platform that tokenizes crypto mining power as NFTs on BSC and HECO blockchains, serving 300,000+ global retail crypto users with mining power NFTs, collateral loans, and staking pools.
- Company typePrivate
- Founded2020
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Decentralized Mining Exchange does
Decentralized Mining Exchange (DMEX) is a London-based DeFi platform founded in December 2020 that tokenizes cryptocurrency mining power into non-fungible tokens (NFTs) and distributes them through decentralized applications on the BNB Smart Chain (BSC) and Huobi ECO Chain (HECO). The platform serves a claimed 300,000+ retail crypto users globally, enabling them to acquire mining power as NFTs that deliver daily (T+1) mining income settlements for BTC and other mainstream cryptocurrencies. Its operating surface is a self-serve, product-led model: users purchase mining power NFTs, trade them in a P2P marketplace, pledge them as collateral for crypto loans (with no liquidation risk because collateral continues producing mining revenue), and participate in staking and liquidity mining pools on BSC and HECO.
DMEX's revenue mechanics combine one-time NFT sales, transaction fees from the P2P marketplace and collateral-loan activity, and fees from mining pools. A DAO governance layer permits third-party mining power providers to onboard after community referendum, and open-source smart contracts (audited by Hacken in February 2021, Report 202102091830) underpin the protocol. The company is privately held, reports 51-100 employees, and discloses no funding rounds, revenue figures, named enterprise customers, or management team in the available data. A near-term product roadmap targets two adjacent segments: blockchain gaming (Third Party Game Asset NFT Mining) and physical mining hardware (Miner/Mining Machine Market for valuation, auction, and resale), both presently listed as 'Coming Soon.'
Decentralized Mining Exchange firmographics
Firmographics- Name
- Decentralized Mining Exchange
- Website
- https://dmex.finance
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- DMEX is a London-based DeFi platform that tokenizes crypto mining power as NFTs on BSC and HECO blockchains, serving 300,000+ global retail crypto users with mining power NFTs, collateral loans, and staking pools.
- Ownership category
- akta.pro rank
Decentralized Mining Exchange industry classification
Industry- Product category
- Decentralized Finance (DeFi) Crypto Mining Platform
- NAICS
- Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- General NFT Marketplaces (Multi-Category) (FSADANAA)
- akta.pro secondary industries
- Utility, Membership & Pass NFTs (Access/Subscriptions) Marketplaces (FSADANAJ), Settlement, Reconciliation & Merchant Treasury Tools (Crypto) (FSADAIAK)
Keywords
Where Decentralized Mining Exchange is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Decentralized Mining Exchange business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Mining Power NFT Sales: DMEX provides BTC and other mainstream cryptocurrencies' mining power in the form of NFTs. Users purchase NFTs to start mining with daily income settlements on T+1 basis.
- P2P Marketplace Transactions: P2P mining power marketplace supporting listing and reselling of mining power NFTs between individual users, generating transaction-based revenue.
- Mining Power Collateral Loans: Users pledge mining power NFTs to borrow cryptocurrencies at competitive rates. Provides flexible DeFi options and hedging mechanisms for NFT holders.
- Mining Pools: Flexible staking pools for multiple mainstream cryptocurrencies and liquidity mining pools for popular token pairs on BSC and HECO chains with high APY.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Decentralized Mining Exchange product offering
Product offeringCore offering
DMEX is a decentralized crypto mining financial service platform that tokenizes BTC and other mainstream cryptocurrencies' mining power into NFTs on BSC and HECO chains. Users purchase these NFTs to immediately start crypto mining, with all mining income settled daily on a T+1 basis. The platform additionally offers a P2P marketplace for trading mining power NFTs, collateralized lending against mining NFTs, and staking/liquidity mining pools, operating under open-source smart contracts and DAO community governance.
Product overview
DMEX is a decentralized crypto mining financial service platform launched in December 2020 that operates across BSC and HECO blockchain networks. The platform offers a portfolio of five interconnected products: Mining Power NFT (tokenized mining power for immediate crypto mining with daily settlements), Mining Power Collateral Loan (P2P lending using mining NFTs as collateral with zero liquidation risk), Mining Pools (staking and liquidity pools with high APY), Third Party Game Asset NFT Mining (planned gaming integration), and Miner/Mining Machine Market (planned secondary marketplace). The platform's core innovation is tokenizing crypto mining power as NFTs to improve accessibility, transparency, and liquidity.
Differentiator
Problem solved
Functional benefit
Products and services
- Mining Power NFT NFTs representing BTC and other mainstream cryptocurrencies' mining power, sold to individual crypto users so they can start mining immediately with all mining income settled daily on a T+1 basis.
- Mining Power Collateral Loan P2P lending service that allows Mining Power NFT holders to pledge their NFTs as collateral to borrow cryptocurrencies at competitive rates, with zero liquidation risk because the NFT collateral continues generating mining revenue that automatically repays the loan.
- Mining Pools Flexible staking pools for multiple mainstream cryptocurrencies and liquidity mining pools for popular token pairs on BSC and HECO chains, offering high APY, high liquidity, flexible terms, and 24/7 deposit and withdrawal.
Quantifiable outcome
- Trusted by 300,000+ crypto users worldwide
Companies that use Decentralized Mining Exchange
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Decentralized Mining Exchange technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Decentralized Mining Exchange partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Decentralized Mining Exchange competitors and assessment
Company assessmentDirect peers
- NiceHash: Largest hash-power marketplace where miners rent and trade computing power. Closest direct peer to DMEX's P2P mining-power NFT marketplace, operating with a similar product-led, global crypto-user model.
- Hashing24: Long-running cloud-mining service selling BTC mining contracts. Direct peer to DMEX in selling packaged mining power to end users, with comparable target customer (retail crypto users) and revenue model (contract/hashrate sales).
- BitFuFu: Cloud-mining platform offering hashrate-as-a-service products to retail and institutional customers. Directly comparable to DMEX's tokenized mining-power offering, though BitFuFu is centralized rather than DeFi-based.
- ECOS: Cloud-mining platform offering mining contracts and investment products. Comparable to DMEX in retail-facing, contract-based mining power distribution and is a meaningful competitor in the tokenized-mining-yield space.
- StormGain: Crypto exchange with integrated cloud mining feature. Competes with DMEX for the same crypto-user persona seeking low-friction mining exposure as part of a broader trading platform.
Regional players
- LBank: Global crypto exchange with staking, mining, and DeFi yield products. Comparable to DMEX in product mix (mining + staking + DeFi) and target customer (global retail crypto users), and competes for liquidity on the same BSC/HECO ecosystems.
Broad incumbents
- Binance Cloud Mining: Mining products offered inside the Binance exchange ecosystem, leveraging the largest crypto user base globally. A broad incumbent that competes with DMEX's BSC-native user acquisition and offers similar hash-rate products with deeper liquidity and trust.
- Genesis Digital Assets: Large-scale industrial BTC miner with institutional and B2B mining services. Adjacent incumbent providing mining capacity that could in principle be tokenized through platforms like DMEX.
- BitDeer: Vertically integrated mining services and cloud-mining platform owned by Bitmain. Comparable to DMEX in offering mining capacity to external users but at a much larger institutional scale and without the NFT/DeFi layer.
Emerging players
- PancakeSwap: Largest DEX on BSC offering yield farms, staking pools, and NFT marketplace features. Adjacent DeFi peer on the same chain as DMEX, competing for the same BSC DeFi user base and staking-pool deposits.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Decentralized Mining Exchange social profiles
Digital presenceDecentralized Mining Exchange compliance and trust
Trust signalCompliance1 record
Decentralized Mining Exchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
Decentralized Mining Exchange leadership team
Management profileNumber of profiles
Decentralized Mining Exchange funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Decentralized Mining Exchange M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Decentralized Mining Exchange
What does Decentralized Mining Exchange do?
DMEX is a decentralized crypto mining financial service platform that tokenizes BTC and other mainstream cryptocurrencies' mining power into NFTs on BSC and HECO chains. Users purchase these NFTs to immediately start crypto mining, with all mining income settled daily on a T+1 basis. The platform additionally offers a P2P marketplace for trading mining power NFTs, collateralized lending against mining NFTs, and staking/liquidity mining pools, operating under open-source smart contracts and DAO community governance.
Is Decentralized Mining Exchange a public or private company?
Decentralized Mining Exchange is a private company. It is classified as unknown and is currently operating.
When was Decentralized Mining Exchange founded?
Decentralized Mining Exchange was founded in 2020. It employs 51 to 100 people.
Where is Decentralized Mining Exchange based?
Decentralized Mining Exchange is headquartered in London, United Kingdom, in the Europe region.
How does Decentralized Mining Exchange make money?
Four revenue lines are on record. Mining Power NFT Sales are the primary driver. The others are P2P Marketplace Transactions, mining Power Collateral Loans and mining Pools.
Who are Decentralized Mining Exchange's main competitors?
Direct peers on record are NiceHash, Hashing24, BitFuFu, ECOS and StormGain. LBank is listed as a regional player. Broad incumbents are Binance Cloud Mining, Genesis Digital Assets and BitDeer. PancakeSwap is listed as an emerging player.
Does Decentralized Mining Exchange have an API?
No public API is recorded for Decentralized Mining Exchange.
What industry is Decentralized Mining Exchange in?
Decentralized Mining Exchange's product category is Decentralized Finance (DeFi) Crypto Mining Platform. Its primary akta.pro industry code is FSADANAA, General NFT Marketplaces (Multi-Category), with a secondary code of FSADANAJ, Utility, Membership & Pass NFTs (Access/Subscriptions) Marketplaces. Its NAICS code is 523210 and its SIC code is 6200.