February has been a thrilling month at ApeX, filled with significant milestones and exciting developments! With record-breaking trading volumes, new automated trading terminal options and 11 new USDT trading markets, amongst many other updates, it's been a whirlwind of a month!
Here's a look at the key highlights that made this month memorable.
#1 $944M in 24-Hour Volume — New All-Time High
On February 29, our trading platform achieved an unprecedented peak, with an astounding $944M in 24-hour trading volume, a new all-time high!
This surge is an indication of the growth and potential of ApeX and a testament to the unwavering trust and support from our community, who have been instrumental in making this happen.
#2 Expanding Automated Trading Options with Alertatron's Signals Lite
In an effort to provide our community with more automated trading options, ApeX has partnered with Alertatron, a trading terminal that provides secure automated algorithmic trading services.
With the integration of Alertatron's Signals Lite, traders can now automate their trades on ApeX Pro, ensuring timely execution and eliminating the need for constant market monitoring. For more details on our partnership with Alertatron and on how to get started, check out our blog.
#3 T2E Update: 648,298,068 $BANANA Distributed in Epoch 2
We've successfully concluded the 2nd epoch of Trade-to-Earn Round 2, distributing 648,298,068 $BANANA rewards, to our dedicated traders as of February 22, 2024.
If you're new to T2E, it's not too late to join in! All you need to do is trade any USDT contracts to start earning rewards in $BANANA. The $BANANA token is minted with a total of 10,000,000 $APEX locked over a period of 12 months at an initial redeem rate of 0.001, and is distributed bi-weekly to event participants. With 47 weeks of trading ahead, there's still plenty of opportunities to join and earn additional rewards by trading USDT contracts and earning $BANANA tokens. Get started here.
Wondering how to utilize your $BANANA earnings? There are some options you may choose from. If you're looking to boost your rewards in future epochs, consider providing liquidity in the BANANA-USDT pool. Alternatively, you have the option to swap it for USDT or hold and redeem your $BANANA for $APEX governance tokens at the end of the event. For more details, please refer to our blog and check out our helpful tutorial video.
#4 ApeX Lunar Dragon Chase — 29,927 Dragon Ball NFTs Minted, 70,000 USDC Up For Grabs!
Our very own Lunar New Year quest — the ApeX Lunar Dragon Chase is still ongoing. With 29,927 Dragon Ball NFTs minted and 337 ApeX Wood Dragons fused, we've hit new heights! We're now in the Fusion Phase of the competition, so don't miss your chance to create an ApeX Wood Dragon and claim your share of the prize pool worth 70,000 USDC!
Still don't have the complete set of Dragon Ball NFTs? Join our Discord and go to the 🐉║lunar-dragon channel to connect with fellow enthusiasts and traders. Directly link up with sellers and buyers and make strategic swaps. You can also go to the Dragon Ball NFT collections on Opensea to complete your set or sell off your extras. Check all the links to Opensea here.
Don't forget to keep a check on your account as we'll be depositing free mints from now until March 1, 2024. Keep minting and lay your claim on the grand prize!
#5 ApeX Lunar New Year Scavenger Hunt
As a side quest in the ApeX Lunar Dragon Chase, we had a thrilling 7-day Lunar New Year Scavenger Hunt complete with challenging quizzes, daily USDC rewards, and the grand prize — all 7 Dragon Ball NFTs and a share of the 70,000 prize pool!
The competition heated up and amongst the 727 determined participants, we had only one lucky winner! Congratulations to @gYyVYLHbBDZzTuk, your journey through the quest was nothing short of legendary!
#6 Mariam's Lunar New Year Giveaway
To celebrate the Lunar New Year, we hosted a week-long giveaway series with Mariam, Head of Marketing at ApeX! Each day, she opened new fortune cookies, providing participants with opportunities to earn rewards in USDC, USDT, ApeX merch, Staking Program time factor boosts, $APEX, $esAPEX, and more!
Each fortune cookie unveiled a prediction for the year of the Dragon, allowing us to spread the New Year's spirit within the community while offering the chance to win rewards!
#7 Eleven New USDT Token Pairs Added
It was yet another listing frenzy in February — we've made 11 new USDT token pairs available on our trading platform!
With up to 25x leverage, we've listed the following perpetual markets: MANTA-USDT, SEI-USDT, BONK-USDT, INJ-USDT, SATS-USDT, PENDLE-USDT, RNDR-USDT, GMT-USDT, DOT-USDT, ICP-USDT & ENS-USDT.
Adding to our 41 existing pairs, this strategic move aligns with our commitment to expand our platform offerings and give you a more diverse range of trading pairs. Stay tuned — we have more exciting listings, coming your way soon!
#8 APEX-ETH Vault on Camelot
The APEX-ETH pool went live on Camelot this month — now you can add liquidity and accumulate earnings in swap fees, farming rewards in GRAIL and additional rewards in ARB, through the Nitro Pool.
Coming soon, the Camelot LPs will also be able to receive boosted revenue shares via our Staking Program.
With this move, we aim to enhance our revenue-sharing program on ApeX and provide more opportunities for our token holders to diversify their earnings through stacked rewards incentives. For more details, please visit our blog.
This is a first step in our strategic initiative to bootstrap liquidity pools on top-tier DEXs, across chains. Keep a look out for more such collaborations in the future as we aim to provide more ways for you to unlock additional avenues of passive income.
#9 Introducing Staking 3.0
As we enter March, we have some exciting updates coming your way! We're thrilled to announce the upcoming launch of Staking 3.0 on ApeX, an enhancement to our current staking program.
Set to go live on March 4, 2024, at 10 AM UTC, the upgrade introduces Locked Staking, allowing ApeXers to commit their tokens to $APEX and $esAPEX pools for extended periods. This new feature aims to provide higher APY and increased earnings for our users, while also contributing to the overall stability and value of the $APEX token. Mark your calendars now and dive into our blog post to get all the details.
As we close the curtains on February, a big shoutout to everyone who made this month nothing short of incredible, filled with numerous milestones worth celebrating!
Thank you for being a part of the ApeX community and helping us make these achievements possible. We're looking forward to continuing this exciting journey with you in March, so keep an eye on the ApeX Blog for all the latest updates!