Dear ApeXers,

With ApeX Pro perpetual contracts, traders are able to select Oracle Price to set trigger prices for their conditional and TP/SL order(s). However, as Oracle Price quotations are pulled on-chain from a third-party service provider, thus under situations where the market is experiencing extreme volatility, Oracle Price quotations may still be delayed.

When a user selects Oracle Price for their trigger price, this may result in price differences with the final settlement price. In order to prevent unexpected changes in price quotations and improve user experience for traders, ApeX Pro will be temporarily removing the Oracle Price option, while proceeding with discussions with the third-party service provider on implementing fixes for this challenge.

There will be no changes to current active orders, but as of May 12, 2023, 2AM UTC, traders will no longer be able to select Oracle Price to set their trigger price on orders. There are no changes to your existing position(s) and assets as a result of this adjustment; please rest assured and continue to use ApeX Pro as usual.

We apologize for any inconvenience caused and thank ApeXers for their continued support. If there are any questions on this adjustment, feel free to submit a ticket via the ApeX Pro Discord Helpdesk.