APX Finance
APX
Decentralized perpetual futures trading platform
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.10% | 0.74% | 0.35% | 1.11% | 1.01% | 24.83% |
Comparison
Fundraising not disclosed
Token not listed
Token not listed
Top Holders
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|
Follow Updates
Follow Lists
People
About APX Finance
APX Finance is a hybrid crypto exchange that combines centralized order book efficiency with decentralized settlement. It offers two products: V1, an order book-based perpetual contract platform supporting over 95 markets with up to 250x leverage, and V2, an on-chain perpetual contract platform with up to 1001x leverage and near-zero slippage. The core value lies in its dual-model design, allowing users to choose between high-performance trading and transparent on-chain execution. It also provides an unlicensed DEX engine for third parties to launch their own perpetual exchanges.
The main market pain point it addresses is the trade-off between liquidity and transparency in traditional DEXs. APX solves this by using off-chain order matching with on-chain settlement for V1, and a pooled liquidity model with dual oracles for V2, ensuring both deep liquidity and user asset security. The platform also offers an ALP liquidity pool where users can deposit assets to earn trading fees and staking rewards.
In the past six months (2026-03-01 to 2026-09-01), APX Finance has focused on expanding its V2 on-chain perpetual contracts to additional blockchain networks, including opBNB and Base, and has continued to enhance its security audits. The platform has also been migrating its token contract and rebranding to ASTER, as part of its ongoing development. No major negative incidents have been reported during this period, though the token migration process has been noted as a point of caution for users.
Positive:
In April 2026, APX Finance's cumulative trading volume exceeded $300 billion, solidifying its top-tier position in on-chain derivatives; deep cooperation with Binance Wallet and Lista DAO fueled market expectations of a possible Binance listing.
On July 24, 2026, CZ used APX Finance for his first on-chain perpetual contract, opening a 24.7x Mubarak long with 0.4 BN B and gaining 148% in about 10 minutes; APX briefly rose ~42%.
Negative:
On September 10, 2026, the Arbitrum Watchdog Committee proposed permanently banning APX Finance (formerly ApolloX), alleging "high-severity" conduct including ineligible users claiming incentives, suspected sybil activity, misappropriation, and unreturned grant funds, harming the project's reputation and ecosystem prospects.
Captain (Founder, Twitter: https://x.com/Captain_APX) launched APX Finance in 2021. He has over 10 years of experience in traditional finance and crypto, previously active in DeFi and GameFi.
Venus (Operations Lead) has 5+ years in crypto, including a stint at MEXC Global.
Katherine (Growth Lead) has 6+ years in business marketing, previously at a top crypto exchange.
Damien (BD Lead) manages global business development and partnerships.
Saturn (Product Lead) brings 10+ years of strategic product direction, formerly a quant trader at a major hedge fund.
Neptune (Tech Lead) is an ex-Binance blockchain architect with full-stack and entrepreneurial experience.