Founded in 2021, ApolloX is the first CEX-DEX hybrid crypto derivatives exchange. The CEX went live in September 2021 offering trading of perpetual contracts. Two months later in November 2021, the ApolloX DEX was officially launched.
In December 2021, ApolloX Cryptocurrency launched APX, its native token. APX has a total supply of 10 billion, with 2.5% allocated for trading on PancakeSwap. The bulk of the supply will be allocated into trading rewards and ApolloX community treasury.
ApolloX aims to provide accessibility and anonymity to derivatives trading for both new and experienced traders. Users are free to trade USDT-based perpetual contracts with up to 100x leverage on either or both the ApolloX CEX and DEX. Both CEX and DEX offer enhanced security measures including 2FA and address whitelisting.