As 2024 draws to a close, we're taking a moment to reflect on the incredible milestones we've achieved together. This year has been nothing short of transformative, and none of it would have been possible without the unwavering support of our amazing community.
We launched ApeX Omni, introducing a comprehensive suite of products to empower your trading journey: Perps with cutting-edge features like the grid bot and cross-collateral functionality, Spot Swap for seamless, multi-chain trading across Ethereum, Solana, Base and BNB Chain, Vaults for passive income opportunities, and ApeX Social to reward our ApeXers in engaging new ways.
On the tokenomics front, we implemented impactful updates, including introduction of esAPEX12 (sustainable mechanism to token unlocks for our core team and early investors) and a reduction of the $APEX total token supply by 50%, from 1 billion to 500 million $APEX—solidifying a more sustainable and growth-focused future.
Finally, we hosted a series of high-stakes competitions and campaigns, distributing over $500,000 in rewards to our community. It's been a year of growth, innovation, and collaboration, and we're just getting started!
2024 in Numbers: A Year of Growth
This year, ApeX achieved incredible milestones, reflecting the strength of our global community. With over 145K users worldwide, we facilitated 7.8 million trades, generating an aggregate trading volume of $23.3 billion. We also hit a major achievement with $1.5 billion in 24-hour trading volume on ApeX Omni.
To give back to our community, we distributed over $500,000 in rewards through various competitions and campaigns. These numbers show the progress we've made together, and we look forward to achieving even more in the coming year.
ApeX Omni: A Comprehensive Trading Ecosystem
This year, we proudly launched ApeX Omni, an all-in-one trading platform that brings together four powerful products: Perps, Spot, Vaults, and ApeX Social.
Perps: Access 70+ perpetual markets, trade with advanced order types, use grid bots for automated strategies, and leverage cross-collateral for greater flexibility and efficiency in managing your trades. With fast order execution, 0 gas fees, and low trading fees, Omni Perps is designed for traders looking for efficiency and versatility.
Spot Swap: Swap any token on 4 supported chains (Ethereum, BNB Chain, Base, and Solana) with everything—trades and gas fees—paid in USDT. Features like AI Picks for social insights and market data, as well as Spotlight showcasing up-and-coming tokens make it a seamless and insightful trading experience without the hassle of managing multiple wallets or sourcing native tokens for fees.
Vaults: A perfect solution for passive investors and traders alike. Investors can earn by funding vaults, while traders monetize their strategies and expand their trading capital effortlessly.
ApeX Social: Experience never-ending fun and rewards! Collect points by engaging with Omni ecosystem, and unlock mystery boxes with real-world prizes like iPhones, Apple Vision Pro, and even a Lamborghini, alongside crypto rewards such as USDT bonuses, memecoin airdrops, and more points to climb the leaderboard. Every mystery box holds a prize—everyone's a winner!
With these four pillars, ApeX Omni delivers a seamless, engaging, and rewarding trading experience for everyone.
Strengthening $APEX Tokenomics: Supply Reduction and Sustainable Unlocks
This year marked a pivotal step in our commitment to enhancing the value of $APEX and aligning it with the project's growth. We initiated a gradual reduction of the total token supply by 50%, reducing it to 500M $APEX over the course of four quarters. This milestone reflects our dedication to revamping the tokenomics of $APEX and creating a stronger foundation for long-term value.
Additionally, we introduced the esAPEX12 Strategic Solution—a sustainable approach to token unlocks for our core team and early investors. This innovative model addresses key challenges like token price volatility, market fluctuations, and inflation during unlock phases. By eliminating the disruptions caused by large, sudden unlocks, the esAPEX12 strategy ensures a more stable and predictable market environment, fostering confidence among our community and investors. What's more with the launch of the esAPEX12 pool, retail traders have the opportunity to purchase esAPEX12 tokens at a 40% discount. Learn More.
Looking Ahead: 2025 and Beyond
As we move into 2025, we're focused on enhancing the trading experience and expanding the capabilities of ApeX Protocol. Key updates are on the horizon, including the full rollout of AI Agent tools on Omni Spot Swap, empowering traders with smarter, real-time, data-driven insights. For Omni Perps, we'll be introducing yield-bearing collateral options, giving traders the ability to earn interest while trading, adding greater flexibility to our perpetual markets.
Looking further ahead, we're dedicated to building the most seamless omnichain unified liquidity trading tool, combining the power of AI and social trading to provide the smartest support for traders. Additionally, we aim to create the most liquid perpetual trading experience, offering unmatched opportunities for our community.
Stay tuned for exciting tokenomics updates coming soon, as we continue to evolve ApeX Protocol and create even more value for $APEX holders and the broader community. The best is yet to come—thank you for being part of this incredible journey!