ApeXers, what a week it's been! One of the highlights was the release of the litepaper for our upcoming product, ApeX Omni. It's a major step forward in unveiling all the details about our new offering, which promises to provide DEX traders with a diverse range of trading products on a modular, multichain liquidity platform. We also wrapped up the Bitcoin Halving Trading Frenzy and announced other exciting developments, including upgrades to ApeX Grid Bot and a campaign to familiarize you with ApeX Omni.
Let's unravel the details.
1. ApeX Omni Litepaper — NOW LIVE
This week we officially released the ApeX Omni Litepaper, unraveling our upcoming product that is designed on a modular, intent-centric architecture, and is set to redefine the DEX trading landscape with a seamless and highly efficient platform.
Bringing product offerings such as a spot and derivatives trading, pre-market trading for perpetual pairs, community vaults and social trading, ApeX Omni rivals centralized exchanges with a product line-up, rich liquidity and efficient engine, while prioritizing user self-custody, transparency and security in a decentralized setting.
ApeX Omni redefines the DEX trading landscape with:
➔ An intent-centric design mirroring CEXs;
➔ A chain agnostic approach, providing seamless trading experience;
➔ Modular infrastructure for scalability and agility to better meet market demands;
➔ and enhanced security guaranteed by zero-knowledge proofs.
Read ApeX Omni Litepaper for a comprehensive overview, and refer to our post on X for a summary of all you need to know about ApeX Omni's launch.
If you need a quick refresher on liquidity fragmentation and how asset management across multiple blockchains impact market efficiency in DeFi, dive into our blog post here. If you would like to learn more about multichain liquidity, its challenges and opportunities in today's market, check out this blog post.
2. Bitcoin Halving Trading Frenzy Concludes With Trading Volume of $244M+
ApeXers, your performance in Bitcoin Halving Trading Frenzy was truly exceptional! A heartfelt congratulations to each of the 529 participants, who collectively amassed over $244 million in trading volume – your dedication and prowess have not gone unnoticed.
For those who may have missed the action, we're thrilled to announce the ultimate prize pool tier was unlocked, featuring an array of rewards including 10,000 USDC, ORDI tokens, and Runestone. Currently, we're verifying and processing the data to ensure accuracy, before we commence the reward distribution phase. Rest assured, your well-deserved prizes will be in your hands by May 16.
We're not done with excitement! Stay tuned because we've got another exhilarating trading adventure lined up for you, and it's coming your way shortly!
3. Seize Your Chance to Migrate to Non-Custodial Wallets and Grab 10 $USDC
This is your last chance to move to a non-custodial wallet and grab your share of a 10,000 USDC prize pool! In case you missed it, we're incentivizing a shift to non-custodial wallets on ApeX for enhanced security and complete control over your digital assets.
Be among the first 1,000 participants to switch to a non-custodial wallet by tomorrow, 10 AM UTC to bag your reward. Don't forget to refer to our helpful video guide to assist you with the wallet migration process!
Grab this opportunity to adopt self-custody and receive a 10 USDC bonus — for all the details, check out our blog, and if you’ve already made the switch, don't forget to claim your rewards here.
Coming Soon
1. ApeX Omni Journey
To commemorate the launch of ApeX Omni, we're introducing ApeX Omni Journey, a 6-week adventure packed with engaging tasks designed to acquaint you with ApeX Omni's features while earning Galxe Loyalty Points, and getting a headstart on ApeX Social!
Commencing on May 14, 2024, ApeX Omni Journey brings you 2 exciting seasons. In season 1, you'll have the chance to complete tasks to earn Galxe Loyalty Points and achieve an Omni OG status on Discord. In Season 2, your Galxe Loyalty Points will seamlessly convert to ApeX Social Points, giving you a chance to unlock exciting prizes including airdrops, trading bonuses, NFTs, and even real-world rewards.
Get ready to dive in and discover the future of decentralized trading, with ApeX Omni Journey, while collecting points, scoring airdrops and winning exciting prizes.
2. ApeX Grid Bot Optimizations and Additional Features
ApeXers, we're excited to unveil a series of enhancements to ApeX Grid Bot, designed to provide you with smoother navigation in times of market volatility. This powerful tool, available for all USDT and USDC perpetual contracts on ApeX Pro, has undergone significant improvements, all designed to elevate your trading experience.
Among the new enhancements are optimizations in issue handling, interaction, copy functions, and data display. Additionally, we've introduced new features and algorithms, including candlestick displays, enhanced grid profit and loss calculation and distribution, and much more!
With these upgrades, ApeX Grid Bot is now better equipped to assist you in navigating the dynamic crypto market. Explore the new features with ApeX Grid Bot on ApeX Pro, arriving soon!
May is shaping up to be an exciting month, with plenty of thrilling changes on the horizon! Keep an eye on all our official channels for the freshest updates.
Your feedback is invaluable, so engage with us on the ApeX Discord channel or share your experiences/requests/insights through this form.
As always, happy trading!
