Analyzing ApeX Protocol: How to Unlock Innovative Trading Modes in DEX

Author: ApeX Protocol

1. The Future of DeFi: The Infinite Struggle of DEX

In the cryptocurrency market, the repeated explosion of CeFi has led to a series of centralized trust crises. Especially in extreme market conditions, the risks of CeFi are undoubtedly exposed. When the secure trading and storage of assets cannot be guaranteed by the technology itself, it loses the significance of decentralization that blockchain represents.

In the world of cryptocurrency, DeFi will inevitably replace CeFi, and the realization of true decentralization is an unstoppable trend of development. DEX is the foundational application infrastructure of DeFi and the most basic aggregation tool for cryptocurrency trading. In DEX, user assets are stored in personal wallets, rather than being centrally hosted like in CEX, ensuring the security of user assets.

Under the intensifying trend of decentralization and the constraints faced by centralization, DEX has become a particularly important potential link in the crypto ecosystem. However, most DEXs lack liquidity and depth, have high fees, and low efficiency, resulting in a user trading experience that is far inferior to centralized exchanges.

For projects positioned in the decentralized track, achieving true openness and security while addressing the shortcomings of DEXs will undoubtedly be a long-term and infinite struggle. Looking at the market, is there a DEX that is expected to break through and achieve truly efficient and user-friendly decentralized trading?

2. ApeX Pro: CEX Experience, DeFi Security?

Currently, most DEXs on the market achieve asset security by avoiding centralized custody of user assets, but their trading efficiency and experience are far inferior to centralized exchanges, greatly limiting users' choices to trade on DEXs. However, there are also DEX projects in the market that are continuously striving to break barriers, achieving a balance between asset security and efficient trading experience, such as ApeX Protocol.

After launching the eAMM version in the first quarter of 2022, ApeX Protocol has quietly developed and launched a new version of the Orderbook model, officially upgrading to ApeX Pro. ApeX Pro has created an open trading platform for users that is permissionless (no KYC required) and provides a leveraged perpetual margin trading model, achieving a balance between security and efficiency.

To break through the barriers of DEXs in the current market, ApeX Pro has partnered with StarkWare to create a new order book model using StarkEx's Layer 2 scalability engine, providing users with ultra-high performance and smooth trading experience. While ensuring trading security, it truly achieves a trading experience comparable to centralized exchanges. In addition, ApeX Pro has the following features.

• Asset Security and Privacy Assurance

ApeX Pro is based on Starkware's zero-knowledge proof trading proof engine, ensuring the availability and integrity of on-chain data, thereby guaranteeing the security and privacy of assets. By combining Starkex's zero-knowledge proof (ZK proof) and ApeX Pro's off-chain matching system, ZK proofs can be directly published to Ethereum smart contracts for trading verification. Moreover, transactions are uniquely packaged, displaying only balances and fees, providing data privacy protection for on-chain traders.

Integrating Starkex's L2 expansion engine not only enhances ApeX Pro's trading settlement capabilities but also strengthens the security verification of each transaction, achieving privacy protection for traders' personal transactions.

• No Gas Fees, Low-Cost Trading

Due to the enhanced L2 scalability and the verification method of zero-knowledge proofs, users do not have to bear GAS fees for each transaction, significantly reducing trading costs.

• Lightning Trading, Efficient Experience

By combining StarkWare's L2 rollup solution with ApeX Pro's off-chain matching engine, each transaction can be executed instantly, achieving a trading experience as efficient as that of centralized exchanges.

• Leverage Trading, Full Margin

ApeX Pro offers users a full margin trading model with leverage up to 20 times, allowing a margin account to conduct multiple position trades. Users can amplify their returns with lower trading costs and smaller initial capital, optimizing trading scale and improving capital efficiency.

• High Liquidity and Trading Depth

ApeX Pro achieves trading depth and high liquidity comparable to centralized exchanges through its order book model while ensuring the security of decentralized assets, thus guaranteeing users' trading experience.

• Support for Multi-Chain Assets and Cross-Chain Withdrawals

Users can directly use ApeX Pro on any EVM chain and achieve cross-chain withdrawals. ApeX Pro supports not only the Ethereum chain but also other EVM chains, such as BSC, Polygon, etc. Users can directly deposit funds from different chains. Meanwhile, ApeX Pro also supports deposits of assets other than USDC; when users deposit other non-USDC assets, ApeX Pro will automatically convert them to USDC through the 1inch API.

When users want to withdraw across chains, ApeX Pro also supports this feature. ApeX Pro has configured liquidity pools across multiple chains to support users' cross-chain withdrawals, thus meeting the trading needs of users in a multi-chain economy.

3. A Promising Future: A New Era of Web 3.0 Trading

By combining the StarkWare Layer 2 scalability engine (StarkEx) with an off-chain matching model, ApeX Pro not only provides users with high security in DeFi but also creatively achieves the high efficiency and usability of traditional centralized exchanges (CEX), along with multi-chain support and privacy protection.

In the DEX space, ApeX Pro has indeed innovatively created a new model that combines decentralization with efficient trading experience.

Rooted in the vision of achieving Web 3.0: to create a free and open ecosystem for all users, allowing them to continuously grow their assets in a secure and trustworthy environment, ApeX Pro is also continuously exploring and growing, with expectations to launch a social trading model in the future, allowing every trading user's data to realize its value, thus creating a new era of Web 3.0 trading.

4. ApeX Pro: Leading the Future of DEX

For the cryptocurrency market, decentralization is an irreversible trend of development. In terms of the largest underlying demand for cryptocurrency trading, DEX will inevitably become an indispensable and important part of the crypto ecosystem. However, whether it can achieve a balance between security and efficient experience will become a decisive winning factor in the DEX competition.

ApeX Pro, by combining Starkex's L2 zero-knowledge proof solution with its off-chain matching engine, achieves decentralized security and privacy assurance as well as efficient trading performance. While ensuring decentralized security, users can access it without restrictions, achieving a trading experience comparable to centralized exchanges. ApeX has always been committed to realizing the vision of Web 3.0, aiming to create an innovative social trading platform that allows traders to benefit from their trading data, making it the most advanced and comprehensive Web 3.0 product in the trading field, with significant potential for future growth.