ApeX Secures Seed Funding on March 4, 2022
According to media reports, ApeX completed its Seed funding round on March 4, 2022. The round saw participation from institutions including Dragonfly, Tiger Global, Mirana Ventures, Jump Trading, M77 Ventures, CyberX, and Kronos.ApeX is a multi-chain decentralized trading protocol leveraging zero-knowledge proofs, offering users self-custodial contract and spot trading services. Its product suite includes cryptocurrency perpetual contracts, leveraged event prediction contracts, vaults, one-click multi-chain USDT trading, and US equities spot trading.Per its development roadmap, ApeX launched its mainnet on February 28, 2022, and opened trading in April 2022. Notably, the project team plans to initiate a token buyback program at the end of September 2025, signaling a positive outlook on long-term project development. As an emerging decentralized trading protocol, ApeX enhances transaction security and efficiency through zero-knowledge proof technology, providing a distinct competitive edge in the current DeFi sector.
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