ApexRewardsDEX

Weekly Platform Updates

Weekly Platform Updates

Happy June, ApeXers!

We had a fun-filled week here at ApeX, packed with exciting developments. We launched ApeX Fusion, our decentralized market-making pool on the Elixir network. Now, you can provide liquidity to ApeX Pro orderbooks while earning attractive rewards weekly. Additionally, we've entered Phase 3 of ApeX Omni Journey, bringing us one step closer to the imminent launch of ApeX Omni itself. Furthermore, we've moved into Phase 2 of our ongoing ApeX Grid Bot P&L Bonanza, giving you another opportunity to compete for a share of the 5,000 USDC prize pool.

Moreover, we're excited to announce our return as proud sponsors of Crypto Fight Night for an upcoming event in London.

Let's take a closer look at what's ahead.

1. ApeX Fusion on Elixir — LIVE

We're thrilled to announce that this week ApeX Fusion went live on Elixir.

The pool, established on Elixir's modular DPoS consensus network, enables you to provide liquidity on ApeX Pro orderbooks while earning attractive rewards and yields. In other words, it's an opportunity for you to tap into another source of passive income by becoming a retail market maker!

Your contributions to the ApeX Fusion pool are algorithmically allocated across the ApeX orderbooks via Elixir's decentralized market-making framework, allowing you to earn APY rewards. All trading profits that are generated on ApeX Fusion by Elixir's market-making strategy are distributed directly to users, with Elixir taking zero fees. What's more, you'll be able to claim your well-deserved USDC allocations on a weekly basis!

In addition to high APYs, you'll also receive Elixir points, otherwise known as Potions. For more details on this, refer to Elixir's documentation here. For more information on our partnership with Elixir and ApeX Fusion, check out our blog.

2. ApeX Omni Journey — Phase 3

This week, we've officially kickstarted Phase 3 of ApeX Omni Journey!

Just in case you missed it, our 6-week-long campaign that's free to join is designed to immerse you in the world of ApeX Omni before its official launch, while racking up Galxe Loyalty Points and ApeX Social Points! Remember, the points you accumulate in each phase is your ticket to a treasure trove of rewards. Unlock mystery boxes, secure an airdrop of our upcoming meme token, and get a chance to win an array of prizes, including real-world prizes!

Joining the ApeX Omni Journey means enjoying free rewards while completing simple tasks at no cost to you. Dive into as many tasks as you like across the phases. The more you complete, the higher your points climb, unlocking even bigger rewards on ApeX Social.

Don't miss out — start your journey today!

For a refresher on ApeX Omni, read our Litepaper. Meanwhile, to join the action and get all the details on ApeX Omni Journey, head over to our blog post.

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

ApeX Grid Bot Top P&L% Bonanza is going strong! The competition kicked off on May 23, 2024, presenting traders with an opportunity to capitalize on market trends through self-managed, automated trading strategies while securing a share of a 5K USDC prize pool, all while also earning negative 0.002% trading fees!

If you haven't joined yet, no worries—it's not too late! Plus, we still have some early bird slots available. The first 100 traders who deploy ApeX Grid Bot for the very first time can secure an early bird USDC bonus from a total pool of 500 USDC! Don't miss out — act now!

What's more, we recently rolled out several key enhancements to ApeX Grid Bot, check out our blog post for all the details.

4. ApeX Meme Token Airdrop - Coming Soon!

In case you missed it, brace yourselves for a wave of excitement because we're launching our very own meme token through a fair launch that is fully community owned! We're allocating 10% of the total token supply to our dedicated community members, with:

  • 60% allocated to participants in ApeX Staking Program (be sure to stake NOW, if you are not part of the program yet);

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

  • 10% designated for those lending a hand in nurturing our beloved ApeX hero (stay tuned for more fun details on this shortly!)

So keep staking, don't miss out on ApeX Omni Journey, and get ready to claim your share of our upcoming meme token! 👑🦍

If you need a refresher on how to get started with ApeX Staking, check out our detailed guidebook.

5. ApeX x Crypto Fight Night

ApeXers, we're coming back in the ring as proud sponsors of Crypto Fight Night (CFN)'s — CFN Off-Chain 1 at the O2 Arena in London, United Kingdom on June 15, 2024! To share our excitement with you, we've lined up some exciting events! Stay tuned to our socials as we unveil more details and show you how you can join in on the fun!

As we wrap up another action-packed week, we can't wait to see our community dive into ApeX Fusion as retail market makers, progress through ApeX Omni Journey Phase 3, and compete in the ongoing ApeX Grid Bot competition.


As we wrap up another action-packed week, we can't wait to see our community dive into ApeX Fusion as retail market makers, progress through ApeX Omni Journey Phase 3, and compete in the ongoing ApeX Grid Bot competition.

As always, keep your feedback coming through our Discord channel or via this form. Stay tuned for more, and as always, happy trading!

P.S. ICYMI — ApeX_Intern has joined the ApeX team with his official page on X. Make sure to follow him for some spicy insights, helpful guides, and a dash of alpha!

ApeX Team

Product information & trading education · ApeX Protocol

The ApeX team publishes product information and educational articles about perpetual futures. Review the sources and publication details provided with each article.

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