What is ApeX
ApeX Protocol (APEX) — Decentralized Derivatives Protocol
APEX is the native token of the ApeX protocol, which facilitates the creation of perpetual swap markets for any token pair.
- Key features of the ApeX protocol include:
- Permissionless cryptocurrency perpetual contract trading with leverage
- Elastic Automated Market Maker (eAMM)
- Protocol Controlled Value (PCV)
ApeX enables users to create any token pairs on ApeX Protocol as long as they are supported on decentralized exchanges such as Uniswap and SushiSwap.
Users can earn APEX tokens by participating in liquidity mining, NFT trading, AMA, bug bounty, and more. By staking APEX tokens on the protocol, APEX holders can take part in protocol governance or earn additional APEX tokens, transaction fees, trading fee discounts and other perks.
Holders of ApeX NFTs can play the ApeX game and earn APEX tokens or allocations, trading fee cashbacks and other rewards.
ApeX has raised seed funds from backers including Dragonfly Capital Partners, Jump Crypto, Tiger Global, Mirana Ventures, CyberX, Kronos and M77 Ventures.
ApeX vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, APEX would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of APEX might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including APEX.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
