Trade on a permissionless, noncustodial DEX
What is
ApeX Pro?
ApeX Protocol is a multichain decentralized derivatives protocol, designed to address deficiencies in existing decentralized exchanges (DEXs), such as high gas fees and poor order execution.
ApeX Pro, the key product of Apex Protocol, is a permissionless and noncustodial DEX, powered by StarkWare's Layer 2 scalability engine, StarkEx. It operates on an order book model and delivers limitless access to the perpetual swaps market.
ApeX Pro, the key product of Apex Protocol, is a permissionless and noncustodial DEX, powered by StarkWare's Layer 2 scalability engine, StarkEx. It operates on an order book model and delivers limitless access to the perpetual swaps market.
Why use ApeX Pro?
Self-Custody of Assets
Safeguard your private keys and maintain full control over your assets on the platform.
Security & Privacy
On-chain data availability and integrity can be ensured with StarkWare's Layer 2 scalability engine and Validium. ZK proofs ensure only balance charges are made visible on Ethereum.
High Performance, Low Fees
Experience lightning-quick trading with an average processing speed of 10 trades per second and 1,000 order placements and cancellations per second. Incur fees only when you deposit and withdraw assets.
Year-Long T2E
Trade on ApeX Pro and share up to $190,000 in $BANA rewards each week.
How to Get Started
Click Connect Wallet to link an ApeX-compatible wallet and acknowledge its Terms of Use and Privacy Policy.
Add your email address if you'd like to receive important market, trading and account notifications.
Connect to ApeX Pro with the Bybit Web3 Wallet or other compatible wallets.
Experience Non-Custodial, Decentralized Perp Trading on ApeX Pro
52 Weeks, 52 Epochs to Reap Rewards
ApeX Tokenomics: $APEX x $BANA
ApeX Protocol’s native token, $APEX, can be used for community involvement with governance and protocol parameters, as well as revenue sharing with the upcoming staking program.
$BANA is ApeX Pro’s reward token, distributed via weekly Trade-to-Earn events.
The total supply of 1,000,000,000 $APEX tokens is allocated as follows:
1. 23% to the core team and early investors, with a 12-month cliff and a vesting period of 24 months
2. 77% for participation rewards, ecosystem building and liquidity bootstrapping
Minted with a total of 25,000,000 $APEX that are locked over a minimum period of 12 months
1. Only available on ApeX Pro via participation in Trade-to-Earn
2. Distributed to participants based on a combination of fees, open interest and the $BANA-USDC LP Token balance during a single epoch
How to Earn $BANA
Simply trade on ApeX Pro to earn $BANA tokens on a weekly basis. The more you trade, the greater your rewards!
Note: The amount of $BANA rewards earned within a single epoch is determined by several factors, including a combination of fees, open interest and the $BANA-USDC LP Token balance during a single period, calculated using the Cobb-Douglas function.
How to Use $BANA
SWAP
$BANA can be swapped for USDC via the $BANA-USDC pool at any time during these 52 weeks.
ADD LIQUIDITY
Add your $BANA and USDC to the $BANA-USDC Pool to receive LP Tokens. LP Tokens held during an epoch will contribute to a trader's Average LP Token Holdings, one of the factors that will eventually decide the total amount of $BANA distributed at the end of each epoch. The more LP tokens held, the more traders can receive stacked total rewards in $BANA.
HOLD & REDEEM
Traders who hold onto their $BANA can use them to redeem $APEX governance tokens pro-rata after the Trade-to-Earn event period fully ends at the end of the set 52 weeks. The more $BANA are burned, the higher the redemption rate.
Level Up Your Knowledge of ApeX Pro
ApeX Pro Litepaper
4 Reasons Why Traders are Turning to DEXs
Commitment to Decentralized Safety
Frequenty Asked Questions (FAQ)
1) What's the difference between a DEX and a CEX?
A centralized exchange (CEX) is a third-party platform that’s privately managed by a central organization. It facilitates transactions of crypto assets between buyers and sellers and is custodial in nature, holding the funds or digital currencies of users in a digital wallet before authenticating transactions centrally.
On the other hand, decentralized exchanges (DEXs) don’t require the services of third parties for operations with crypto assets. Their functions are similar to those of traditional centralized platforms, but in contrast to them, DEXs provide a direct, peer-to-peer trading mechanism based on smart contract execution. DEXs are noncustodial in nature, so users maintain control over their own assets.
2) Is ApeX Pro Safe?
The ApeX team considers security to be of top priority. ApeX Pro utilizes StarkEx, a STARK-powered scalability engine for crypto exchanges developed by StarkWare. Every version of StarkEx has been vetted by external auditors.
All smart contracts developed by the ApeX team have been audited by Secure3. These audit reports will be available for review soon on the ApeX Protocol official site, and in their Github repository.
ApeX Pro also has plans to launch a bug bounty program in collaboration with Secure3, so community members can reap rewards when reviewing ApeX Pro contracts.
3) Is it risky to trade on a DEX?
DEXs have no access to users’ funds. This not only lowers the risks of hacking attacks, but also lessens interference from third parties, either from the management of the exchanges or local authorities. Funds will not be frozen, withdrawals won't be delayed or denied, and the exchange won't be blocked by legislative authorities.
4) Who is ApeX Pro suitable for?
ApeX Pro is suitable for Derivatives traders who seek self-custody of assets, and prefer trading on a permissionless platform without having to complete identity verification. It's also great for users who want to reap extra rewards on a weekly basis, simply by trading on the platform.
5) How much in trading rewards can I accumulate through T2E?
The amount of $BANA rewards earned within a single epoch depends on several factors, including a combination of fees, open interest and the $BANA-USDC LP Token balance during a single period, calculated using the Cobb-Douglas function. Learn more about reward calculations here.