APX APX Price

APX Finance (APX) is a decentralized exchange (DEX) operating on the Binance Smart Chain, providing users with a platform for trading crypto derivatives. In this article, we aim to objectively explore the key features, token utility, and the distribution of APX tokens within the APX Finance ecosystem.

Features of APX Finance:

APX Finance offers a hybrid model encompassing order book and on-chain perpetuals, targeting a diverse range of traders. Noteworthy features include high leverage, low fees, and a hybrid CEX-DEX approach.

1.1. V1 Order Book Perp:

Utilizing an "off-chain transaction matching + on-chain fund settlement and custody" model, V1 Order Book Perp facilitates efficient trading with over 90 markets and up to 200x leverage, maintaining user fund safety.

1.2. V2 On-Chain Perp:

V2 On-Chain Perp employs a fully on-chain liquidity model, promoting transparent trades with minimal slippage. With over 25 markets, up to 250x leverage, and a dual oracle model, V2 aims for accurate pricing and attractive trading rewards.

APX Token Utility:

APX is the native token of APX Finance, serving various purposes within the ecosystem. Traders can use APX for trading fees, earn it as rewards in V2, stake it in the APX DAO for rewards and governance, and receive it as ALP staking rewards in V2.

Token Circulation and Burns:

The initial allocation of APX includes distribution to the Community Treasury, Users as trading rewards, Marketing & Partnerships, and Retroactive Mining Rewards. A significant burn initiative in 2022 aimed to enhance value and reduce the total supply, with a subsequent removal of the burn tax on transactions.

APX on PancakeSwap:

APX is available for trading on PancakeSwap, adhering to the BEP20 standards on the Binance Smart Chain.

Vision and Team:

APX Finance draws inspiration from the Apollo Space Program, aspiring for growth in the crypto market. The founding team, led by Jingyi Zhou and Will Li, initiated platform development in 2018 with a focus on decentralizing the global e-commerce industry.

Conclusion:

As APX Finance continues to evolve in the decentralized finance landscape, its features and tokenomics provide a comprehensive framework for users. Whether one is interested in trading opportunities, staking rewards, or participating in governance, APX Finance offers a platform worth considering in the diverse DeFi ecosystem.

What is unique about APX (APX)?

APX Finance stands out for its hybrid CEX-DEX model, offering both order book and on-chain perpetuals for crypto derivatives on the Binance Smart Chain. Traders benefit from high leverage, low fees, and a secure trading experience, catering to diverse user profiles.

Who are the founders of APX (APX)?

APX Finance was founded by Jingyi Zhou and Will Li. The platform's development began in 2018 with a vision to decentralize the global e-commerce industry, leading to the launch of its native token, APX, in December 2021.

Where can I buy APX (APX)?

 PancakeSwap (v2), Pancakeswap V3 (BSC)