ApeX Protocol Launches XP Campaign with 25 Million APEX Token Airdrop
ApeX Protocol has initiated its airdrop season, distributing 25 million APEX tokens starting January 20, 2025. This distribution is part of an XP campaign rewarding users for trading on their platforms, Omni Perps and Omni Spot Swap. The campaign will run until July 13, 2025.
Key Details
- The XP campaign allows participants to earn XP points based on trades, redeemable for APEX tokens.
- A surprise retroactive airdrop rewards early supporters, with details available on the campaign's landing page.
- A total of 175 million APEX tokens are allocated for distribution; 150 million are reserved for future events through 2027.
- ApeX Protocol aims to enhance decentralized trading and community engagement.
Platform Performance
- ApeX Protocol facilitates self-custodial trading solutions and has over 545,000 global users.
- Cumulative trading volume exceeds $124 billion, with a current total value locked (TVL) of approximately $90 million, reflecting a 50% increase.
- APEX token price is currently $1.85, up over 25% in the past week, with a market capitalization of $100 million.
- The token ranks 488th among cryptocurrencies by market cap.