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The crypto market is currently experiencing a notable contrast in performance among different cryptocurrencies. ApeX Protocol (APEX), the token behind a decentralized derivatives protocol, has emerged as a standout performer. ApeX Protocol (APEX) reported a significant 430% gain for last month. This positive performance of ApeX Protocol (APEX) is attributed to a recent announcement on January 2 about the integration of smart contracts from Stacks to scale Bitcoin. The further surge in growth is largely thanks to the new STX-USDT trading pair, which lets traders amplify their bets by up to 25x.
ApeX Protocol (APEX) – A Rising Star in the Crypto World
In a remarkable defiance of the current market downturn, ApeX Protocol (APEX) has reported a staggering 430% gain, positioning itself as a top earner in the crypto market. The recent buzz around has been mostly due to Stacks bringing smart contract capabilities to Bitcoin. Turns out that’s a big deal for traders and investors alike.
As ApeX Protocol (APEX) marks its first anniversary, it has not only shown remarkable growth in the DeFi sector but also announced a series of rewards and future plans. In its first year, ApeX Protocol (APEX), incubated by Davion Labs, handled over $17 billion in cumulative trading volume with more than 29,000 traders on its platform. ApeX Protocol (APEX), getting its edge from StarkEx’s Layer 2 tech, lets traders ramp up their game with leverage as high as 50x on a mix of trading pairs. Apex Futures devised inventive staking and liquidity programs to generate recurring income for traders. Marking its milestone, ApeX Protocol (APEX) is throwing a massive bash with a 25,000 USDC and 50,000 ApeX Protocol (APEX) prize pool. This isn’t just a party though, it’s the launchpad for next-level social trading updates, smarter tokenomics, and beefed-up liquidity boosts.
ApeX Pro, a key component of the ApeX Protocol (APEX), stands out as a permissionless, non-custodial, and non-KYC platform offering cross-margined perpetual contracts under a social trading framework. Built on StarkWare’s Layer 2 scalability engine StarkEx, ApeX Pro supports multiple blockchains and integrates with 11 wallets, including MetaMask and Tr
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Author: Crypto Daily