T
Tekla is Head of Business Development at ApeX Pro, a multichain derivatives decentralized exchange.
He discusses the platform's growth since its November 2022 launch and its dual-token ecosystem of BANA and APEX tokens.
1Interview
2023First on the show
Mar 2023Latest appearance
25 minOn camera
24:42
Latest interview · Mar 13, 2023ApeX Pro growing as a multichain derivatives DEXWatch the episode →
Key points
- ApeX Pro launched in November 2022 and achieved over 11,000 unique users with trading volume exceeding 5 billion within months of launch.
- The platform processes 10 trades and 1,000 order placements and cancellations per second using StarkX layer 2 scalability technology.
- ApeX Pro offers non-custodial, non-KYC derivatives trading with an order book model while maintaining centralized exchange-like usability and performance.
- The platform plans to introduce soul bound tokens (SBTs) for web3 social trading, allowing users complete control over their identity and data.
- FTX's collapse in November 2022 accelerated interest in decentralized exchanges, with ApeX Pro's trading volume jumping from 3 million to 60 million daily.
In their own words
“We launched and it shot up to 60 million overnight.”
“Even if ApeX were to go offline, you would still be able to trigger a process that gets your funds back into your wallet.”
