The Launch of USDT Contracts on ApeX Protocol
ApeX Protocol, a leading non-custodial derivatives DEX, has announced the beta release of USDT contracts, making it one of the first DEXs to support both USDC and USDT perpetual contracts. This move comes as USDT accounts for 69.5% of the stablecoin market.
Traders now have access to 50x leverage on the BTC-USDT pair, with more contract listings planned for the future. This expansion demonstrates ApeX’s dedication to user-centric innovation and staying ahead of market trends in the DeFi space.
The launch also introduces the USDT Market Maker Incentive Plan, offering participants negative maker fees and a 5,000 USDT Beta Bounty event to reward active platform testers.
About ApeX
ApeX is a non-custodial trading platform that provides limitless cross-margined perpetual contracts under a new social trading framework. It aims to offer unlimited access to the perpetual swaps market with an order book model while prioritizing speed, efficiency, and security.
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Mariam, Davion Labs
Hot Take: Embracing Innovation in Decentralized Trading
ApeX Protocol’s integration of USDT contracts signals its commitment to providing traders with tools that enhance efficiency and broaden opportunities in a decentralized future. By embracing market trends and offering innovative incentives, ApeX is positioned as a leader in the DeFi space.
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