ApeX (APEX) is a decentralized derivatives protocol designed for permissionless perpetual contract trading of any token pair, with a native utility and governance token called APEX.

ApeX Protocol secured seed funding from notable investors including Dragonfly Capital Partners, Jump Crypto, Tiger Global, Mirana Ventures, CyberX, Kronos, and M77 Ventures.

While the page does not name specific influencers, ApeX has been promoted and discussed on crypto Twitter and in DeFi circles due to its major backers and integrations with decentralized exchanges like Uniswap and SushiSwap.

No major controversies or drama about ApeX have been highlighted recently. A fun fact is that ApeX features an Elastic Automated Market Maker (eAMM) and Protocol Controlled Value (PCV), which differentiates it from typical DEX platforms. Participation in the ApeX game via NFTs allows users to earn allocations and trading fee cashbacks.

ApeX's core goal is to empower decentralized trading through the creation of perpetual swap markets for any supported token pair. Key features include permissionless trading with leverage and a focus on community rewards through liquidity mining, staking, NFT trading, AMA, bug bounties, and protocol governance.

• Current price: ~$0.28 per APEX token.

• Market cap: ~$35 million.

• Circulating supply: ~123 million tokens.

• Total supply: ~500 million tokens.

• Max supply: 1 billion tokens.

• 24-hour trading volume: ~$2.26 million.

• All-time high: $3.83 (March 27, 2024).

• All-time low: $0.11 (October 20, 2023).

ApeX tokens can be traded on Bybit, Ourbit, XT.COM, BingX, and various other exchanges.