ApeX Protocol

ApeX Protocol is a decentralized, non-custodial perpetuals exchange that launched in 2022 via Bybit Launchpad and was incubated by Davion Labs. Its ApeX Omni product uses a zk-powered order book with unified USDT settlement across multiple chains.

ApeX Protocol fees

ApeX Protocol charges about 2 bps maker and 5 bps taker (a basis point is 0.01%). As with any perp venue, the funding rate often matters more than the headline fee: it is a recurring payment between longs and shorts that can quietly run for or against your position. See how this stacks up on the lowest-fee perp DEX ranking.

ApeX Protocol leverage & markets

ApeX Protocol offers up to 100x leverage across crypto markets on Multichain (zkLink). Higher leverage magnifies both gains and liquidation risk, so size positions carefully. For the most aggressive limits, see the highest-leverage perp DEX ranking.

Is ApeX Protocol safe and is there KYC?

ApeX Protocol is non-custodial: your funds stay in your own wallet and you sign each trade, so there is no company holding your balance and typically no KYC. The trade-off is smart-contract and liquidation risk, so prefer venues with a solid track record and verify contracts yourself.

Who is behind ApeX Protocol?

ApeX Protocol was built by Not publicly disclosed; incubated by Davion Labs, a research firm backed by Bybit.

Backers: Dragonfly Capital, Jump Trading, Tiger Global, Mirana Ventures and others.

ApeX Protocol milestones

• 2022ApeX Protocol launches via Bybit Launchpad
• 2022ApeX Pro orderbook perpetuals go live
• 2024ApeX Omni multichain upgrade launches with zkLink

ApeX Protocol FAQ

What is ApeX Protocol?

ApeX Protocol is a multichain, zk-powered orderbook perp DEX from a Bybit-backed team. It runs on Multichain (zkLink) using a orderbook model, offering up to 100x leverage on crypto markets.

What are ApeX Protocol's fees?

ApeX Protocol charges roughly 2 bps maker and 5 bps taker (1 bp = 0.01%). Funding is paid periodically between longs and shorts.

Does ApeX Protocol require KYC?

No. ApeX Protocol is a decentralized exchange: you connect a self-custody wallet and trade permissionlessly, with no signup or KYC on the protocol.

Does ApeX Protocol have a token?

Yes, ApeX Protocol's token is $APEX.