The State of ApeX: A Decentralized Perpetual Swap ProtocolPosted by Dinesh Kumar on April 16th, 2022 Positioned as a stable ecosystem that prioritizes decentralized governance, disintermediation and provides a self-adjusting interest rate mechanism, ApeX is a revolutionary protocol that has the potential to become the standard for all crypto derivatives platforms. In the last few years, the future of finance has been riding the decentralization wave, at speeds which would heretofore been unimaginable. In line with a fundamental rethinking of the way money works, with a focus on open-source code and permissionless networks, ApeX is a decentralized, permissionless and non-custodial platform that allows for the creation of perpetual swap (funding) markets on any token pair. Perpetual swaps are derivative contracts that allow two counterparties to conduct a margin trade, where settlement does not occur until one party terminates the contract. The State of ApeX Across crypto and beyond, the key question being asked by many is: What is more profitable in the long run - holding, or trading? In tandem with this question is another that follows - which investment is more secure, staking or NFTs? ApeX contends that there is no one-size-fits-all investment advice in today’s world of DeFi - ROI depends on the platform used. The 3 core pillars of ApeX’s value proposition ApeX Official Links: Website: https://app.apex.exchange/trade Twitter: https://twitter.com/OfficialApeXdex Telegram: https://t.me/ApeXdex Like it? Share it!More by this author
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