Perpetual

Spot

hot
hot

APEX BLOG

Stay at the forefront of decentralization
with regular ApeX news, deals and research.


    Filters
    AllAnnouncementsPlatform Updates

    Weekly Platform Updates

    Aug 18, 2024

    4 min read

    ApeX Omni

    Rewards

    banner

    August is packed with more exciting updates! Omni Showdown has been extended, and the stakes have never been higher, with 5,000 mystery boxes up for grabs on top of the already existing 2.75 billion KONG and 50,000 USDT prize pool. Remember, every qualified participant walks away with a prize, so whether you're a seasoned trader or just starting out, there's something for everyone!

    But that's not all — we've expanded our USDT offerings, giving you more trading pairs to choose from. And for those eagerly awaiting the $KONG token, the TGE is just around the corner. To ensure you don't miss out on the upcoming airdrop, we've added dedicated sections for you to input your wallet address.

    Dive in for more details!

    1. Omni Showdown Extended — Bigger Rewards, and Mystery Box Bonanza

    In case you missed it, we have extended our inaugural ApeX Omni campaign, Omni Showdown, with exciting new updates! This trading extravaganza now runs until August 29, 2024 at 10AM UTC, giving you more time to flex your trading skills and compete for 2.75 billion KONG, 50,000 USDT prize pool and 5,000 mystery boxes!

    Let's dive in to how this works — if you sign up for Omni Showdown and make a trade between August 15, 2024 at 10AM UTC and August 22, 2024 at 10AM UTC, you'll receive 1 mystery box! Meanwhile, if you sign up and trade between August 22, 2024 at 10AM UTC and August 29, 2024 at 10AM UTC, you'll get an even sweeter deal - 1 mystery box and 10 ApeX Social Points (ASPs)! We have a total of 5,000 boxes up for grabs (2,500 boxes per week) on a first-come, first-served basis!

    As a reminder, your final score, which determines your share of the rewards, is based on 4 key factors: deposits, trading volume (including grid bot trades), profits (positive P&L%), and referrals. Don't forget, everyone walks away with something — all qualified contestants can grab a share of the KONG pool proportionally to their final score, while the top 50 traders will get an extra USDT boost from the 50,000 USDT pool. For those who joined us early, we've already distributed early bird rewards to our first 1,000 registered users.

    Additionally, we’ve added another section to the Omni Showdown landing page where you can enter your Solana address to receive the KONG token upon its launch.

    If you haven't joined yet, why wait? There's still time to make your mark in the Omni Showdown!

    Should you need more details about the extended timeline and mystery boxes up for grabs, head to this blog. For more details about Omni Showdown, visit this blog.

    2. Five New USDT Markets Available on ApeX Omni

    We have expanded our perpetual contract offerings on ApeX Omni, adding 5 new USDT markets and bringing our total to 42 trading pairs. The newly introduced listings are STX-USDT, LDO-USDT, AR-USDT, TRUMP-USDT, and FIGHT-USDT, all of which are available with up to 50x leverage. For all the details, visit our announcement post, and to view contract specifications, head over to our Gitbook page.

    We are set to extend our offerings further, with plans to introduce CRV-USDT, MKR-USDT, BNB-USDT and POPCAT-USDT, next week.

    Don't forget, trading any and all perpetual contracts on ApeX Omni contributes to your trading score on Omni Showdown. Plus, as a bonus for trading, you'll receive a mystery box — packed with exciting rewards.

    So, gear up and start trading to climb the ranks and see what rewards await! Stay tuned to our social channels and the ApeX Blog for the latest updates on these exciting developments.

    3. ApeX Grid Bot on ApeX Omni Streamlimed

    ApeX Grid Bot is available on ApeX Omni with a -0.002% negative fee on all trades executed using the bot. To enhance your experience, we’ve streamlined its functionality so that candlestick charts now sync and update automatically when you click on an active bot. This eliminates the need for manual inputs and ensures that your trading information is always up-to-date.

    In case you need a refresher, this powerful automated trading tool is also available for all perpetual contracts on ApeX Omni, giving you another way to enhance your trading strategies as well as boost your score on Omni Showdown. For a detailed guide on the launch of ApeX Grid Bot on Omni, check out our comprehensive blog.

    4. ApeX Pro Staking Participants - Enter Solana Wallet Address Ahead of Kong Airdrop

    ApeXers, have you actively staking and eagerly awaiting the KONG token airdrop? We've got great news for you! We've now added a dedicated section on the ApeX Pro Staking Program page on the website, where you can enter your Solana airdrop address. Meanwhile, for ApeX mobile app users, we've added a section on the ApeX Pro homepage on which you can enter your Solana airdrop address.

    For those participating in our staking program, please note that the snapshot for airdrop allocations will be taken 3-4 days before the KONG Token Generation Event (TGE). If you haven’t joined our staking program yet, there’s still time to participate and claim your share of the airdrop, which comprises 6% of the total KONG token supply.

    In case you need a refresher, here's how the airdrop (10% of total KONG token supply), will be allocated:

    Should you need more information on Staking 3.0, head to this helpful blog. For more information on how to get started with Staking, refer to this guide.

    App Specific Updates

    5. Unlock Exclusive Rewards on ApeX Social

    ApeXers, our latest app upgrade simplifies exploring rewards on ApeX Social. In case you need a refresher, ApeX Social is an incentive hub where you can earn a variety of crypto and non-crypto rewards. Explore our exciting offerings, including mystery boxes packed with coveted Real World Treasures (RWTs), trading bonuses, points, and exclusive items like Lamborghini fragments, the Apple Vision Pro, the Saga Solana phone, Bitcoin sneakers, and more!

    Now you can see all the prizes that are for grabs, check your ASP balance, and keep track of the time left to claim rewards this epoch! Need help getting started?

    To begin, follow this simple step-by-step process:

    1. Connect to ApeX Omni;

    2. Mint your ApeSoul (SBT);

    3. Claim your free Welcome Box.

    For a guide on how to win a Lamborghini, along with other crypto and real-world rewards, explore our blog. For all the details on getting started with ApeX Omni and earning ApeX Social Points, head to this blog. With this latest update, accessing these exciting prizes is now just a tap away!

    6. Gas Fee Calculations Optimized

    Gas fee calculations for withdrawals have been optimized to provide more accurate estimates, enhancing your trading management.

    With this latest update, blocks now load faster, leading to quicker processing times. Additionally, when users opt for a Normal Withdrawal, the gas fee is calculated with improved precision, ensuring that you have a clearer understanding of the costs involved. This enhancement allows you to manage your trades more effectively by minimizing unexpected fees and streamlining your withdrawal process.

    Coming Soon

    7. $KONG TGE and Airdrop

    KONG, our much-anticipated meme token, is launching soon! Built on Solana, this fair launch will be 100% community-owned.

    Want to know more about the token generation event (TGE), tokenomics, and how you can get involved? Check out our comprehensive FAQs for all the details.


    With so much happening on ApeX, now is the perfect time to get involved and maximize your rewards! Whether you're aiming to climb the leaderboard in Omni Showdown, explore new trading opportunities with our expanded USDT markets, or unlock exclusive treasures on ApeX Social, there are endless ways to win big. And with the $KONG TGE on the horizon, there's even more to look forward to! We value your feedback, so join the conversation on the ApeX Discord channel or via the following feedback form.

    Stay tuned for more updates, and as always, keep an eye on our blog and social channels for the latest news.

    DEX with ApeX, Your Go-To DEX!

    2