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ApeX Protocol is a decentralized, non-custodial, permissionless, censorship-resistant perpetual derivatives protocol that allows for perpetual swap markets for any token pairs. Users can trade crypto derivatives on the Ethereum blockchain without intermediaries and retain control of their private keys.
The key features of ApeX Protocol include fully permissionless cryptocurrency perpetual contract trading with leverage, an Elastic Automated Market Maker (eAMM), and Protocol Controlled Value (PCV).
On ApeX Protocol, users can trade various tokens with 10X leverage, create liquidity pools, purchase and stake $APEX tokens, earn rewards, trade NFTs, and participate in ApeX NFT games.
For more information about ApeX, visit our GitBook page: https://docs.apex.exchange/
The native token of ApeX Protocol, $APEX, serves multiple utilities such as governance, protocol incentivization, and staking. There is a maximum supply of one billion APEX tokens, with 23% allocated to the core team and early investors, and the remaining 77% allocated to the DAO for participation rewards, ecosystem building, and liquidity bootstrapping.
ApeX's mission is to provide open and transparent financial tools that empower traders worldwide, promote financial inclusion, and make crypto-derivatives trading more accessible.
Information
What is ApeX Protocol and its features?
ApeX is a decentralized and non-custodial derivatives protocol on Arbitrum that facilitates the creation of perpetual swap markets. Key features of the ApeX Protocol include:
- Permissionless cryptocurrency perpetual contract trading with leverage
- Elastic Automated Market Maker (eAMM)
- Protocol Controlled Value (PCV)
$APEX is the native token of ApeX Protocol, it will serve the following utilities:
- Governance: Token holders are entitled to submit and vote on protocol governance proposals.
- Protocol Incentivization: Users can earn APEX tokens through participation rewards and liquidity mining on the ApeX protocol.
- Staking: Users can stake APEX tokens to earn rewards in APEX tokens.
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