$APE
Arbitrum Orbit L3 ApeChain has been officially launched on the mainnet. ApeChain is an infrastructure layer focused on powering the ApeCoin ecosystem, utilizing $APE as its native fuel token, in this way significantly enhancing the utility of $APE and promoting a robust and fully-charged $APE -powered A dynamic economic system makes ApeChain a leading platform.
ApeChain, as an Arbitrum Orbit chain, provides full EVM equivalence, AnyTrust data availability for ultra-low-cost transactions, dedicated throughput and increased gas price reliability, independence and scalability. By settling on Arbitrum One, ApeChain is able to leverage Arbitrum’s security and infrastructure while still maintaining the benefits of being an independent chain. Since Arbitrum One itself is settled on and secured by Ethereum, ApeChain is able to benefit from Ethereum’s security and liquidity.