$APEX
1️⃣ Project Description and Benefits
Apex is a decentralized exchange from ByBit. Apex is also a full-fledged protocol that allows you to create swaps and tokens. With Apex, you can trade any tokens with leverage without requiring personal identification; create liquidity pools; trade NFT; engage in staking of certain coins.
2️⃣ Partners and Investors
11 funds invested in Apex. Among them are Dragonfly, HG Ventures, CyberX, Tiger Global Management, and Jump Trading. Jump Trading is a genius of manipulation and market making. For example, Jump Trading earned more than $1.3 billion on the fall of Luna. But, in this case, the main task of the fund is to support the price and not let it fall. Due to the fact that this is a project from Bybit, there is no exact figure for the investment amount, because this is not some kind of startup.
3️⃣ Evaluation and Potential
Now the project capitalization is $65 million, and the price is $1.35. There is no point in comparing Apex with Binance or other assets that have shot up, APEX should make 700x. This is fundamentally wrong, and the potential is difficult to track, but the capitalization of $5 billion (50x) is quite adequate.
3️⃣ Roadmap
At the moment, Apex is implementing a huge number of functions that are available on centralized exchanges - Bots, copy trading, staking, burning pools and much more. These functions attract more and more people. Now, in addition to tools, Apex is setting up their algorithms and liquidity supply so that even large capital can trade safely
Conclusion
Apex has huge potential due to at least one idea - while Binance blocks without reason and people are asked for documents, a decentralized exchange with uncut functionality appears here. In addition, we have the support of buybit, the best funds and market makers, as well as developing social activities and drops. And all this with a small capitalization.
✨Get to know more about the project – Main Site, Investor, Interim Results and Plans
Traded on ByBit, BingX, Mexc.