What is ApeX Protocol (APEX)
ApeX is a decentralized and non-custodial derivatives protocol that facilitates the creation of perpetual swap markets for any token pair.
With ApeX, users can trade crypto derivatives directly on the Ethereum blockchain without any intermediaries. The protocol offers unlimited flexibility as users can create markets on any underlying asset while maintaining control of their private keys.
ApeX empowers traders around the world with open and transparent financial tools that can help preserve and grow their wealth. It aims to drive financial inclusion and make crypto-derivatives trading more accessible, so that everyone can own their trades and be part of the exchange.
Key features of the ApeX Protocol include:
- Permissionless cryptocurrency perpetual contract trading with leverage
- Elastic Automated Market Maker (eAMM)
- Protocol Controlled Value (PCV)
IEO (Bybit Launchpad): Apr 22, 2022 – Apr 27, 2022
Token supply: 1,000,000,000 APEX
Blockchain Platform: Ethereum
Registration year: 2021
Token standard: ERC20
Token price in USD: 1 APEX = 0.05 USD
Core team & advisors – 15%
Early investors – 8%
Strategic DAO Allocation – 77%