Here's what's happening at ApeX this week—big rewards, exciting new and ongoing competitions, and major updates!
We've rolled out two new campaigns: Omni Deposit & Boost, where you can earn a 33% APR on USDT deposits via BNB Chain and Arbitrum, with 50,000 USDT up for grabs, and the Suede Challenge, offering 400,200 $SUEDE and 296 Mystery Boxes to participants.
At the same time, the Tealstreet Trading Challenge is still running strong, with a 5,000 USDT prize pool waiting for those looking to prove their edge, while our BNB Chain Adventure is ending soon with 30,000 USDT in rewards on the table.
On top of that, XP Week 6 is live, while Week 5 points have already been distributed, so check your XP and keep stacking for your share of 25M APEX. Plus, the first round of APEX staking rewards is out, with 8,000 APEX ready to be claimed.
And finally, an important update: ApeX Pro is officially sunsetting as we complete the transition to ApeX Omni. Key dates have been announced—make sure to stay informed!
Let's dive into the details! 🚀
1. Omni Deposit & Boost – Earn 33% APR on Your Deposits
ApeX Omni's latest campaign, Omni Deposit & Boost, is here, offering traders the chance to earn a 33% APR on USDT deposits via BNB Chain and Arbitrum. With 50,000 USDT in rewards, this opportunity runs from February 28 to March 21, 2025.
Spots are limited, with a 2 million cap per chain, so early deposits are key to securing your share. Don't miss out on maximizing your earnings—learn how to participate and lock in your rewards now.
2. Suede x ApeX: 400,200 SUEDE & 296 Mystery Boxes Up For Grabs
We're excited to announce our partnership with Suede this week, bringing DeFi and AI-powered creativity together in the Suede Challenge on ApeX Omni. From February 28 to March 27, 2025, you can trade, deposit, and compete for a chance to win from a massive prize pool, including 400,200 SUEDE and 296 Mystery Boxes.
Don't miss your chance to be part of this unique opportunity!
3. Ongoing Campaigns: Win Your Share of 45,000 USDT in Prizes!
The excitement continues with some incredible campaigns running this week!
First, the ApeX x Tealstreet Trading Competition offers 5,000 USDT in rewards, with early bird bonuses, volume-based rewards, and top trader prizes up for grabs. Show off your trading skills, stack XP, and claim your share! Don't miss out!
Meanwhile, the BNB Adventure in partnership with BNB Chain with 30,000 USDT in rewards, is ending soon! All you need to do is connect to ApeX Omni, deposit from BNB Chain, and start trading—whether it's BNB-USDT or TST-USDT perpetual contracts on Omni Perps, or any BNB Chain tokens on Omni Spot Swap. The rewards are waiting—dive in and trade today!
4. XP Week 6 Kicks Off – Week 5 Rewards Are In
The journey to claim your share of 25M $APEX continues! Week 5 rewards have been distributed, and now Week 6 is officially underway.
The more you trade, the more XP you rack up, bringing you closer to even bigger share of rewards unlocking on July 13, 2025. Stay on top of your XP and keep trading to maximize your chances.
5. APEX Staking Rewards for Week 1: Distributed!
The first round of $APEX staking rewards is now live! A total of 8,000 $APEX has been allocated, and it's ready for you to claim. If you've been staking, head over and check to see how much you've earned.
6. ApeX Pro Sunset: Important Dates Announced
As part of our ongoing efforts to improve your trading experience, ApeX Pro is officially transitioning out, making way for a more seamless and powerful trading platform—ApeX Omni. With the transition, delisting of trading pairs will begin soon, so make sure you're prepared for the changes ahead.
Additionally, deposit and withdrawal on ApeX Pro will also be phased out. Stay updated on the timelines in our detailed blog post below.
7. New Withdrawal Rule Update
To improve liquidity and security on our platform, we've updated our withdrawal rules as of February 25, 2025.
ApeX Omni is a multi-chain aggregated DEX that supports deposits and withdrawals across Base, Ethereum, BSC, Mantle, and Arbitrum chains. Recently, many users have been depositing USDT via the Base chain and withdrawing from other chains, effectively using ApeX Omni as a cross-chain bridge.
This has caused a large concentration of funds on Base, resulting in insufficient smart contract funds on other chains. To address this, we have implemented the following changes:
Users withdrawing via cross-chain bridging will now have a withdrawal ratio limit.
Normal users will not be affected.
Withdrawals from the same chain as the deposit will remain unrestricted.
8. Miscellaneous
Web & App Onboarding Process Optimization To enhance the user experience, we've streamlined the Omni account creation process. New users can now complete their registration with just one signature after connecting their wallet and clicking Create Omni Account. This optimization makes onboarding quicker and more convenient for both web and app users. The new flow is now live on both.
If the account creation process is not completed, users can re-initiate the Omni account creation via the following entry point:
Improved OrderBook Precision & Updates We've optimized the OrderBook display by adding more precision options and increasing the update frequency, ensuring that users get more accurate and real-time data for better trading decisions.
Risk Limit Upgrade for Omni Contract Pairs The Risk Limit upgrade for our Omni contract pairs is now complete, offering a more granular and tiered structure. Large capital users can now take advantage of more efficient and reasonable margin requirements, optimizing their trading strategies. The new Risk Limits for all contract pairs are available on the contract pair page.
And that's a wrap for this week's updates! It's been an eventful week here at ApeX, as we're always working to bring you new features and opportunities to enhance your trading experience. Your feedback means a lot to us, so don't hesitate to share your thoughts. Stay tuned for more, and happy trading until next time!
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