Hey ApeXers!
We are excited to share the latest developments that our dedicated team has rolled out this week to enhance your DeFi journey on ApeX. Let's jump in for details.
1. Allowing Selection of Estimated Forced Liquidation Price on Web
With this upgrade, traders will now be informed of the estimated liquidation price for opening a long or short position prior to placing an order. This feature empowers ApeXers to make more informed decisions, enabling them to adjust settings like position stop-loss in advance, thereby enhancing the overall user experience.
The same upgrade has also been added to mobile applications.
2. Allowing Selection of Maximum Quantity on Web
With this additional display feature, you can now customize the maximum quantity of your trade when placing an order. This feature informs traders of the maximum quantity when opening a position, and enhances your ability to take a customized approach that better fits your trading strategy.
3. Update on Funding Rate Display on Web
In our commitment to providing increased transparency and data-driven insights, we are introducing a dedicated section for funding rates. Simply click on the 'Funding Rate' tab on the trading platform for a selected pair, and you'll be redirected to a page that provides comprehensive information about the Funding Rate for that specific perpetual market. This includes both historical and current data, empowering you with valuable insights to make informed trading decisions.
Additionally, we have also incorporated '1 Hour Funding' data directly onto the Dashboard page, enabling users to seamlessly compare Funding Rates for all trading pairs. This enhancement provides a quick and efficient way to vertically analyze the funding rates. As a friendly reminder, every trader involved in perpetual trading is subject to a funding fee charged on an hourly basis. For more information refer to our Gitbook explainer.
4. ApeX iOS App Upgrade
On our iOS app, you can now tailor the percentage of funds you wish to allocate to a specific trade using our new slider function. The percentage denotes the amount of funds you intend to commit to the trade. For instance, if you have 1,000 USDC and choose 20%, it signifies a desire to utilize 200 USDC for the position. This feature offers you the flexibility to effortlessly specify the percentage of your order, putting you in control of your trading experience.
Upcoming:
1. ApeX Trading Bots — Coming Soon
Prepare for an exciting leap into automated trading with ApeX! Our upcoming terminal is set to empower traders by seamlessly integrating their strategies with automated algorithmic trading bots. With trading bots, ApeXers can execute trades at optimal moments, eliminating the need for constant market monitoring. Stay tuned for more details as we unveil the exciting functionalities and features of ApeX trading bots!
2. ApeX Bot Upgrade — Your Trading News Hub
Exciting News! ApeX Bot, our Telegram trading companion, is leveling up with a brand new feature. Get ready for a more informed and dynamic trading experience right on Telegram as we launch a dedicated news feed and position suggestion service later this week. This upgrade brings the latest updates and insightful position recommendations to your fingertips. ApeX Bot is also set to accommodate both English (EN) and Korean (KR) users, enhancing our global accessibility. Stay tuned for an enriched trading journey with ApeX!
3. ApeX Lunar Dragon Chase — 100,000 USDC Prize Pool Up For Grabs!
As we look ahead to early February, we have an exciting competition in store that you would not want to miss! The ApeX Lunar Dragon Chase is set to kick off in a few days from Monday February 5, 2024.
Check out our blog for all the details on the upcoming quest and prepare to join us on this adventure filled with rewards and surprises!
Thank you for your support ApeXers!
If you have any questions or would like to share suggestions, please don't hesitate to contact us through our ApeX Discord channel or use this form to submit your feedback.
Happy trading!