August has been a thrilling and record-breaking month at ApeX! We started the month with a staggering all-time high and soared to the top of the DeFiLlama derivatives DEX leaderboard with nearly $3 billion in 24-hour trading volume. Moreover, we've wrapped up Omni Showdown with nearly 14,000 participants competing for a share of 2.75 billion KONG, 50,000 USDT and 5,000 mystery boxes!
But that’s not all! We've also launched the ApeX Omni Earnings Blitz deposit campaign with 22% APY to be earned on your deposits, introduced new features like One-Click Migration to simplify your USDT asset transfer from ApeX Pro and ApeX Omni, expanded our collection of Real World Treasures (RWTs) on ApeX Social with 2 exciting new additions: digital copies of 'Black Myth: Wukong' and exclusive Bitcoin Sneakers.
Let's jump into all the key milestones.
1. ApeX Omni Recorded $3 Billion in 24-Hour Trading Volume!
The month kicked off with a monumental achievement! We hit a staggering all-time high of nearly $3 billion in 24-hour trading volume. This milestone catapulted us to the number one spot on the DeFiLlama derivatives DEX leaderboard. We owe this incredible success to our dedicated ApeXers, whose trust and enthusiasm have propelled us to new heights. As you continue your journey with us, we're committed to bringing you even more exciting products and features on Omni in the coming months!
2. ApeX Omni Roadmap Unveiled
Speaking about new products and features on Omni, this month we also unveiled our ambitious roadmap for the upcoming quarters! Prepare for a series of key updates that are designed to enhance your experience on ApeX starting from enhancing Omni Perps with more markets, trading tools and terminals ending with the upcoming launch of ApeX Vaults, Spot Swap, Cross Collateral and the highly-anticipated $KONG TGE.
Curious about what's next on the horizon? Explore the key updates and the upcoming products to watch out for in our roadmap blog.
3. ApeX Social ~ $40K Worth of Rewards Claimed
As we near the end of the current reward distribution epoch on ApeX Social, we're proud to highlight the exciting rewards that have been distributed. So far, 4 copies of our latest RWT — Black Myth: Wukong, 3 Apple Vision Pros, 1 pair of Bitcoin Sneakers, 1 Saga (solana phone), and 25,000 USDT (trading bonuses) have been won by ApeXers! With the grand prize, a Lamborghini—still up for grabs, now is the perfect time to join ApeX Social and stake your claim! Begin your journey with these 3 simple steps:
Connect to ApeX Omni.
Mint your SBT — ApeSoul, and unlock your complimentary Welcome Box.
Trade, refer, or check-in to accumulate ApeX Social Points (ASPs) and open mystery boxes to win rewards!
Stay tuned for even more exciting treasures coming to ApeX Social. Should you need a refresher on getting started with ApeX Social, head to our introductory blog.
4. Omni Showdown Concludes — 13,704 Participants and $2.66 Bln in Cumulative Trading Volume
Next up, our inaugural ApeX Omni campaign — Omni Showdown, came to a close and what a wild ride it was! This campaign saw an astounding 13,704 participants rack up $2,664,912,008 in cumulative trading volume while fiercely competing for a share of 2.75 billion KONG tokens, a 50,000 USDT prize pool, and 5,000 coveted mystery boxes!
Here's the exciting part — everyone who registered for Omni Showdown walks with a reward! Of the total KONG tokens, 5% tokens will be distributed equally among all registrants while the remaining 95% tokens will be allocated proportionally to qualified participants (ApeXers who either deposit, trade, or refer as part of the campaign) based on their final scores. Plus, we unlocked the final tier of the USDT prize pool, rewarding the top 50 traders with a share of 50,000 USDT!
Meanwhile, participants who made a trade between August 15 and August 22 receive a mystery box, while those who traded between August 22 and August 29 score a mystery box as well as 10 ApeX Social Points (ASPs)! The excitement was palpable as 5,000 mystery boxes were snapped up, with 2,500 distributed each week on a first-come, first-served basis.
We are currently in the process of tabulating campaign data. Once complete, rewards will be distributed shortly after. Should you need a refresher on Omni Showdown, head to our introductory blog. Should you need a summary of the campaign, head to our announcement on X.
5. One-Click Migration Feature Available on ApeX Omni
As outlined in our strategic roadmap, ApeX Pro USDT markets are planned to be decommissioned by the end of September. To simplify your USDT asset transfers from Pro to Omni, we've introduced a One-Click Migration feature. The migration process is swift and typically takes only 5-10 minutes to complete with no fees accrued. It's crucial to note that once assets are migrated, the process is irreversible, and these assets cannot be transferred back to your ApeX Pro account. Also, note that any trading bonuses you have on ApeX Pro will not be transferred during migration.
Should you need more details, head to our blog.
6. ApeX Omni Earnings Blitz — Earn 22% APY on Deposits
Another standout moment this month was the launch of ApeX Omni Earnings Blitz, the new deposit campaign that offers you a chance to earn 22% APY on your net effective deposits in MNT tokens. To be eligible for rewards, you must contribute to the initial $2 million deposit pool.
Rewards are calculated based on net deposits made on ApeX Omni, taking into account both deposits (including one-click transfers from ApeX Pro) and withdrawals, weighted by the duration they remain in the account.
To get started, register on the dedicated landing page and deposit a minimum of 1,000 USDT into your ApeX Omni account from any of our 5 supported chains.
Should you need further details, head to our campaign blog. Kick off your earnings with ApeX Omni and unlock 22% APY today!
7. Now Featuring 51 USDT Markets on Apex Omni
In August, we substantially broadened our perpetual contract offerings on ApeX Omni, bringing our total to 51 USDT pairs! Recent additions include, RP-USDT, SUI-USDT, BCH-USDT, LTC-USDT, MATIC-USDT, ARB-USDT, OP-USDT, WLD-USDT, LINK-USDT, 1000SHIB-USDT, EAR-USDT, ADA-USDT, FIL-USDT, ENA-USDT, RON-USDT, UNI-USDT, JUP-USDT, CRV-USDT, MKR-USDT, BNB-USDT, POPCAT-USDT, STX-USDT, LDO-USDT, AR-USDT, TRUMP-USDT, FIGHT-USDT, TIA-USDT, INJ-USDT, AAVE-USDT, FTM-USDT, and DOGS-USDT. Visit our Gitbook page for detailed contract specifications.
To celebrate the listing of TRX-USDT and SUNDOG-USDT, traders who executed a minimum of $10,000 in trades on either of these pairs by August 30 had the chance to claim one of 25 mystery boxes on ApeX Social.
In celebration of the highly anticipated DOGS-USDT pair listing, we’ve launched another Mystery Boxes quest, which is still ongoing. Trade $10,000 or more by September 5, and rank among the top 15 highest-volume traders to bag an exclusive Mystery Box.
8. Two New RWTs on ApeX Social and Exclusive Black Kong SBT Unveiled
Next up, we've introduced 2 new Real World Treasures (RWTs) to our mystery boxes on ApeX Social — stylish Bitcoin Sneakers and 10 digital copies of the greatly popular game: Black Myth: Wukong. These exciting new RWTs join our existing lineup of fantastic prizes, including Lamborghini, Saga and the Apple Vision Pro.
Alongside these new RWTs, we're thrilled to offer a special digital makeover for new users, especially tailored for our gamer community and Wukong fans! For the next 2 months, all new users on ApeX Social can claim an exclusive, limited-edition black Kong Soul Bound Token (SBT) avatar, inspired by Wukong.
To kickstart your journey, simply (1) create an account and mint your SBT; (2) Trade, refer or check in daily to collect ApeX Social Points (ASPs); and (3) Redeem your ASPs for crypto and real-world rewards in mystery boxes!
Should you need a more detailed refresher on getting started with ApeX Social, head to our introductory blog. For all the details of the addition of Black Myth: Wukong, check out our announcement blog.
9. Bounce Back Bonus— Make a Deposit and Share 20K USDT
Last but not least, in the month of August, we also hosted another deposit campaign in response to the increased volatility cryptocurrency market experienced in the beginning of August, leading to substantial losses for many traders and numerous account liquidations.
To support affected users, we’ve introduced Bounce Back Bonus with a prize pool of 20,000 USDT in trading bonuses! To participate, users were invited to set up an account on ApeX Omni, submit details of their liquidation, and make a deposit. The bonus amount was determined based on the amount deposited.
This initiative underscored our commitment to supporting the wider crypto community during challenging times and provided an opportunity for traders to potentially recover from losses and continue their trading journey.
For those interested in revisiting the details of the Bounce Back Bonus campaign, head to our helpful blog. For a detailed roundup of market turbulence and sentiment around which we launched the campaign, visit our Weekly Crypto Market Insights blog.
August at ApeX has been a whirlwind of achievement, featuring significant milestones, thrilling campaigns, and exciting product launches. As we transition into September, we're excited to unveil an array of exciting new campaigns, and we're eagerly awaiting many exciting events around the TOKEN2049 conference, while also gearing up for more developments on the horizon.
We can't wait to share our upcoming plans with you, so make sure to stay connected through our social channels and keep an eye on ApeX Blog for all the latest updates. We value your feedback, so join the conversation on ApeX Discord channel or share your experiences on this form.
Your unwavering support has been instrumental in our success, and we extend a heartfelt thank you to our loyal ApeXers. DEX with ApeX, Your Go-To DEX!