November has been nothing short of spectacular at ApeX!
As we take a stroll down memory lane, we are thrilled to highlight key accomplishments and exciting developments. It's been a month of strategic launches, engaging discussions, and celebratory events, all aimed at enhancing your trading experience and fostering community spirit.
#1 Introducing USDT Perpetual Contracts
The debut of USDT perpetual contracts on ApeX, starting with the BTC-USDT trading pair with up to 50x leverage, has been one of the key highlights of this month. This exciting leap pushed ApeX to the forefront as one of the first DEXs to support both USDC and USDT perpetual contracts! 🚀
This strategic move aligns with our commitment to expanding platform offerings and providing greater flexibility for our community. Explore the details of this launch and delve into the USDT Market Maker Incentive Plan, offering unique opportunities for market makers to benefit from negative maker fees of 1.2 BPS and other long-term incentives.
#2 CryptoConnect Dialogues: Sparking Thoughtful Discussions!
Embarking on a new initiative, we introduced CryptoConnect Dialogues on X Spaces.
This weekly fireside chat series brings industry leaders to discuss market trends and explore critical topics in the crypto space, providing valuable insights and knowledge to our community. From self-custody and digital asset security with Max of Because Bitcoin to navigating the crypto landscape, exploring trading strategies and market analysis with Wolf, and discussing web3 social trading and trading bots with NekoZ and Vasco, our dialogues aim to empower both novice and experienced enthusiasts.
Join us every Wednesday at 2 pm UTC for engaging conversations that unravel the complexities of the crypto realm.
#3 Celebrating ApeX's 1 Year Anniversary
The month of November also marked a significant milestone — our 1-year anniversary at ApeX! As we reflect on this full-circle moment, we want to express our deepest gratitude to the amazing ApeX community. Your unwavering support has been a fundamental force driving our success. In the past year since our launch, we've achieved an impressive cumulative trading volume of over 17 billion, and we're thrilled to share this journey with over 29,000 users on our platform. Thank you for being an integral part of our incredible journey!
As part of the festivities, we kicked off a two-week celebration featuring a total prize pool of 25,000 USDC and 50,000 APEX. Join us in the ApeX's Birthday Trading Rumble, relish triple-boosted staking rewards, engage in a series of events through the Anniversary Extravaganza, and much more. The celebrations are still in full swing, so don't miss out—seize the opportunity to be a part of this special event!
#4 Expanding Our Trading Playground: New Contracts for Thrilling Opportunities!
We've added four exciting contracts to our trading platform: TIA-USD with 15x leverage; BTC-USDT with a powerful 50x leverage; DYDX-USD with 15x leverage, unlocking a unique opportunity that you won't find on dYdX; and ORDI-USDT with 25x leverage.
These additions further underscore our commitment to providing a diverse and dynamic trading environment for ApeXers. Dive into these new opportunities and elevate your trading game! 🚀
#5 Unveiling Our Upcoming Roadmap
This month we also revealed our upcoming roadmap.
There will be significant developments on Web3 Social Trading side — expect the launch of DIDs, SBT minting, and the introduction of copy trading, providing enhanced avenues for collaboration and shared success.
Additionally, our Tokenomics will undergo strategic adjustments, to optimize the model for the community's benefit and overall project value, with 3 key initiatives:
First, a strategic reduction in the $APEX supply from the treasury, initially targeting 10-15% of the total supply;
Second, the introduction of a Buyback and Burn Mechanism to empower APEX holders with seamless token swaps directly on ApeX;
Lastly, bootstrapping APEX-ETH liquidity pools on top-tier DEXs and enabling liquidity providers to participate in ApeX revenue sharing by earning yields in USDC.
#6 Mantle Moonshot Adventure
As we draw the curtains on November, we're thrilled to unveil an exciting upcoming adventure with Mantle.
ApeX is set to participate in the Mantle Moonshot event from December 7 to December 14, 2023. Participants stand the chance to claim exclusive rewards, including a share of the 150,000 $esAPEX reward pool. Get ready for an unforgettable journey with ApeX Protocol, and stay tuned as we release more announcements about the timeline and next steps.
As we bid farewell to November, the excitement continues into December with more plans in store. Stay tuned to ApeX Blog for the latest updates and join us in the journey ahead.
Thank you for being part of the ApeX community — a community that truly makes these milestones possible. See you on the path to continued success!