What is ApeX Protocol – DEX With Self Custody, Speed, and Security (APEX)

ApeX Protocol is a DEX that embraces a permissionless and non-custodial approach. It operates on an order book model, offering cross-margined perpetual contracts denominated in USDC and USDT, featuring leverage of up to 50x, swift settlement, and cost-effective fees.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (APEX/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is ApeX Protocol - DEX With Self Custody, Speed, and Security (APEX)
What is ApeX Protocol – DEX With Self Custody, Speed, and Security (APEX)

Everything You Should Know About ApeX Protocol

ApeX Protocol is a non-custodial trading platform. It introduces permissionless cross-margined perpetual contracts within a novel social trading framework for its metacommunity. ApeX Protocol prioritizes not only speed and efficiency but also security with transparent trade executions.

Meanwhile, it serves as an alternative to ApeX eAMM (elastic Automated Market Maker). ApeX eAMM empowers traders with a fully permissionless derivatives trading experience, enabling them to provide liquidity for any tokens while retaining control of their private keys.

As ApeX Protocol remains dedicated to crafting user-friendly and transparent financial tools for crypto derivatives traders across diverse backgrounds, it acknowledges the significance of fostering an ecosystem that facilitates the easy entry of traders into DeFi. To achieve this, the order book model is introduced on ApeX Pro through StarkWare’s Layer 2 scalability engine, StarkEx. This integration promises improved trade performance and a more enhanced user experience.

The ultimate objective is to establish a social trading platform. This initiative benefits both seasoned traders with additional passive income opportunities and less experienced traders who can observe, replicate, and learn from the behaviors, signals, and strategies of other traders.

What Makes ApeX Protocol Special?

Traders globally anticipate trades that are not only faster and more cost-effective but also highly efficient, regardless of their geographical location. Furthermore, an increasing number of traders actively seek accessible entry points into the latest innovations within sophisticated cryptocurrency trading ecosystems.

ApeX Protocol aims to address three primary challenges. There is limited global access, subpar trade performance, and insufficient security and privacy protection. The solution is elegantly simple yet dynamic — social trading powered by a decentralized and permissionless network.

In the Web 3.0 domain, ApeX Pro is ushering in the era of social trading, eliminating intermediaries. Engineered to incentivize optimal performance in cryptocurrency derivatives trading, the platform is designed to:

  1. Propel the development of Web 3.0 social trading and ensure ample liquidity on a network tailored for expanding trades.
  2. Enable open interaction among traders on ApeX Pro, enhancing trading performance and earning rewards.
  3. Establish community ownership of trading history and personal data records, mitigating security risks.
  4. Encourage user engagement through the distribution of the new reward token, BANA.
  5. Strengthen the social trading model by introducing SoulBound Tokens (SBTs), non-transferable tokens encapsulating a trader’s profile, patterns, and history.
  6. Further establish ApeX Protocol’s governance token, APEX, as a foundational element for other applications within the ecosystem.

Where to buy APEX Token

You can find APEX Tokens here at MEXC! We are listing APEX/USDT in our Innovation Zone!

What is the Price of APEX Tokens?

The APEX Token is currently trading at MEXC with a live price of $1.43. You can check the live price of their token right here!

How to buy APEX Tokens on MEXC

You can buy APEX Tokens on MEXC by following the steps:

  1. Log in to your MEXC account. Click on [Spot].
  2. Search “APEX” using the search bar to see the available trading pairs. Take APEX/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of APEX you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy APEX] to confirm your order. You will find the purchased APEX in your Spot Wallet.

You can find a detailed guide on how to buy APEX Tokens here.

Get Free Airdrops with MEXC Launchpad!

Did you know MEXC gives out 20+ free airdrops weekly? Launchpad and Kickstarter events ensure that all our loyal MX token HODLers receive a ton of new tokens! Learn all about it at our MX Zone now!

Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Join MEXC and Start Trading Today!