About ApeX (APEX)

What is ApeX Protocol (APEX) all about?

ApeX Protocol is a decentralized derivatives platform launched in April 2022. It lets traders enter permissionless perpetual swaps on just about any token pair. The setup uses an elastic AMM and protocol-controlled value system, so you can trade with leverage while never handing over your keys.

How many APEX tokens exist and what changed in 2024?

After a strategic burn in Q3 2024, supply dropped from 1 billion to 500 million APEX. That cut wasn’t just cosmetic—it’s paired with ongoing quarterly burns, designed to keep scarcity intact and support the token’s long-term story.

How is the APEX token allocated?

Most of the pie—77%—is aimed at ecosystem rewards and growth. Investors hold 16%, the team sits at 7%, and just 2% came from the public sale. In other words, the project tilted its structure toward users and campaigns, not just insiders.

What role does the APEX token play in the ecosystem?

Think of APEX as more than a governance chip. It’s used for staking (esAPEX converts back over six months), liquidity incentives, and veAPEX governance rights. That means traders, stakers, and voters all touch the same coin in different ways.

What does the vesting and unlock schedule look like?

A four-year vesting arc guides the release. A major unlock happened in April 2024—80 million tokens, or 16% of supply—delayed by a year to avoid shock. For stakers, esAPEX converts monthly across six months, but early exits come with penalties.

Who funded ApeX and how much was raised?

ApeX’s early backers include Jump Trading (Tier 1), Dragonfly Capital as lead, plus Kronos Research, Tiger Global, Mirana, CyberX, and M77 Ventures. The Bybit IEO followed in April 2022, pulling in $500,000 at $0.05 per token. Together, those rounds gave ApeX the footing for listings and campaigns.

On which exchanges can APEX be traded?

You’ll find APEX on Bybit with both spot and perpetuals against USDT. Uniswap V3 carries the APEX/USDT pool for decentralized liquidity. And of course, the ApeX platform itself runs APEX/USD perpetuals with leverage up to 20×.

Were there token sales or campaigns tied to APEX?

Yes. The April 2022 IEO seeded tokens into circulation, followed by trade-to-earn programs. More recently, Ape Season 1 (Oct 2025–Sep 2025) rolled out Ape Points (APE), rewarding trading, deposits, staking, and referrals. It’s ApeX’s way of blending loyalty perks with protocol growth.

What’s ahead on the ApeX roadmap?

Plans include making APEX the default fee currency (with burn mechanics), rolling out a Buy-Back & Share program, and expanding cross-margin support. The aim is clear: deeper liquidity and a tighter feedback loop between protocol usage and token value.

What risks should traders and investors keep in mind?

Derivatives and DeFi each carry weighty risks—combine them and you’ve got layers to watch. Regulation could shift fast, and smart contract flaws are always a concern. Liquidity depth matters too; in thin conditions, slippage can bite hard.