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Weekly Platform Updates

May 26, 2024

3 min read

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ApeXers, May is ending with a bang!

We've launched the ApeX Grid Bot Top P&L% Bonanza, offering you a chance to win a share of the 5,000 USDC prize pool and get an edge in your trades with ApeX Grid Bot. Meanwhile, Phase 2 of the ApeX Omni Journey has begun, complete with daily quizzes to enhance your understanding of our upcoming multichain liquidity trading platform and its expansive features. Plus, we've also introduced a beginner-friendly Staking 3.0 guidebook for you to easily get started and snag rewards from our upcoming meme token airdrop.

Read on for all the details.

1. ApeX Grid Bot Top P&L% Bonanza — 5,000 USDC Up For Grabs

ApeX Grid Bot Top P&L% Bonanza kicked off on May 23, 2024, presenting you with an exciting opportunity to showcase your trading skills and secure a share of the 5,000 USDC prize pool, all while also earning from negative 0.002% trading fees.

For the early birds, we have a special bonus — the first 100 traders who deploy ApeX Grid Bot for the very first time can secure a 5 USDC bonus each from a total pool of 500 USDC. This first-come, first-served opportunity rewards the swift action takers ahead of the crowd!

ICYMI — we recently rolled out several key enhancements to ApeX Grid Bot! Available for both neutral and directional bots for all USDT and USDC perpetual contracts, the key upgrades include candlestick charts, optimized P&L (%) curves, historical bot records, and insights on grid bot funding fees. For more details on these updates, be sure to check out our blog post.

The competition has been off to a strong start, with traders vying for the top spots by leveraging these powerful upgrades. Deploy your ApeX Grid Bot here and get started!

2. ApeX Omni Journey - Phase 2 LIVE

This week we're officially entered Phase 2 of ApeX Omni Journey! ICYMI, last week marked the beginning of ApeX Omni Journey, a 6-phase event designed to introduce you to ApeX Omni before its official debut, while accumulating Galxe Loyalty Points and ApeX Social Points. These points are your gateway to a treasure trove of rewards, including mystery boxes, exclusive airdrops, and prizes, including physical gifts!

Immerse yourself in Phase 2, featuring daily quizzes designed to provide you with an in-depth exploration of ApeX Omni's offerings. These quizzes cover a range of topics, including multichain liquidity, intent-centric architecture, ApeX Omni's comprehensive product lineup, and ApeX Social. Nothing you would not already know after your deep dive in Phase 1! If you need a quick refresher on ApeX Omni, check out our Litepaper.

To get all the details of ApeX Omni Journey, check out this blog. If you haven't already, be sure to join Phase 2 here. Stay tuned to our social channels for all the updates!

3. ApeX Meme Token — Airdrop Distribution

ApeXers, if you haven't noticed it on our X account, we've recently unveiled some thrilling news! Coming soon, we're rolling out our very own meme token through a fair launch that is fully community-owned! We're allocating 10% of the total supply to our ApeXers:

  • 60% allocated to participants in the ApeX Staking Program (make sure you're staking at the time of the snapshot (date to be announced soon));

  • 30% reserved for our early testers of ApeX Omni via ApeX Omni Journey;

  • 10% designated for those who assist in nurturing our hero — stay tuned for more details on this one. We promise it will be a lot of fun!

Keep staking, remain involved, and prepare to leap into action with your portion of our meme token!👑🦍

4. Staking 3.0 Guidebook

ICYMI — We're reaching the final stages of migrating to ApeX Staking 3.0, our enhanced staking program engineered to deliver robust passive income. ApeXers can now enjoy amplified earnings by receiving a share of ApeX Protocol revenues derived from trading fees.

This week we released a new step-by-step guide which is a very beginner friendly tutorial complete with screenshots, providing all the details from acquiring $APEX tokens to staking them to kickstart your journey with Staking 3.0!

As mentioned above, with the upcoming launch of our very own meme token, we are rewarding all of our Staking Program participants, who are active stakers at the time of the snapshot, so don't wait any longer, stake with us and reap those extra sweet rewards!

5. ApeX Fusion Launching Soon on Elixir

Finally, our long-awaited product — ApeX Fusion, designed in partnership with Elixir is finally launching this week!

Elixir is a modular Delegated Proof of Stake (DPoS) consensus network that enables participants to contribute liquidity to orderbooks. Together, we're excited to introduce ApeX Fusion — a decentralized market-making pool that's crafted to unleash retail liquidity for trading pairs on ApeX Pro. This collaboration will elevate the trading experience on ApeX Pro by boosting liquidity on orderbooks through community participation.

What does this mean for participants? ApeX Fusion empowers you to contribute liquidity to orderbooks and, in turn, you will be rewarded with attractive APYs, Elixir points, and ApeX Social Points!

Get all the details of this exciting upcoming partnership on our blog! For all the details on how you can get a headstart on collecting ApeX Social Points, dive in here.


That's all for this week's updates! Stay tuned to our official channels for more details on ApeX Grid Bot Top P&L% Bonanza, upcoming meme token airdrop, ApeX Fusion, ApeX Omni Journey, and more! Your feedback matters, so join us on Discord or share your thoughts via our feedback form.

As always, happy trading, ApeXers!

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