<h2>Project overview</h2><h3>ApolloX</h3><p dir="ltr">ApolloX is the first crypto exchange to utilize CEX-DEX, allowing customers to trade with up to astonishing leverage in a safe and smooth environment. On ApolloX, investors can trade a wide choice of USDT-margined perpetual futures with up to 50x leverage, while BTC/USDT and ETH/USDT can be traded with up to 150x and 100x leverage, respectively.</p><p dir="ltr">ApolloX is making cryptocurrencies and blockchain accessible to everyone by offering a diverse range of spot and futures markets, a comprehensive suite of trading services, and a thriving ApolloX ecosystem.</p><p class="prosemirror-p-center"><img src="https://cdn.builder.news/news/11ed0bccedc92ebda8e6023f659fee92.jpg" alt="ApolloX review" title="ApolloX review" width="600" height="333" class="lykafe0"></p><p dir="ltr">The ApolloX crypto ecosystem is fast growing, with a decentralized exchange, native currency, ApolloX DeFi Wallet, ApolloX Rockets NFTs, a crypto teaching channel, and other features. As trade incentives on ApolloX, the ApolloX utility token, APX, may be received.</p><p dir="ltr">In March 2022, ApolloX will commence spot trading. The first rollout included eight spot markets. In April 2022, ApolloX 2.0 was unveiled, revealing a token burn strategy and DAO governance structure.</p><h3>APX Token</h3><p dir="ltr">ApolloX's native token is APX. APX will be available in December 2021, with a total supply of 10 billion APX. PancakeSwap is the first APX listing DEX, with a listing price of $0.0004.</p><p dir="ltr">The APX Token is a BEP-20 token on the BNB Chain that provides holders with a variety of perks and applications. APX is typically gained through trading prizes on ApolloX. To earn extra APX, users can also lock and stake APX.</p><h2>Project Highlight</h2><p dir="ltr">Some of the most notable aspects of ApolloX are mentioned below. First of all, anyone, not just Wall Street traders, can join this project. Secondly, when exchanging using 2FA, it is critical to store investor’s valuables safely. Next, customers benefit from unequaled order-book liquidity and are able to trade efficiently with little slippage. Users will never have to worry about system downtime if the system function is steady and reliable. Moreover, ApolloX provides full-service customer assistance, a team of consultants will provide 24/7 customer support.</p><p dir="ltr">The project stated its future strategy to realize its Web3 goal in April 2022: ApolloX 2.0, the burning of 5.75 billion APX coins, and the transfer to a decentralized autonomous organization (DAO). The DAO structure will aid in the global adoption of decentralized crypto assets and user-centric blockchain technology.</p><p dir="ltr">The DAO will leverage industry-standard technology to achieve decentralized governance and to assist the platform's transparent and trustless decision-making community.</p><h2>Tokenomics</h2><h3>Key Metrics</h3><ul><li><p dir="ltr">Ticker: APX.</p></li><li><p dir="ltr">Blockchain: BNB Smart Chain.</p></li><li><p dir="ltr">Contract: 0x78f5d389f5cdccfc41594abab4b0ed02f31398b3.</p></li><li><p dir="ltr">Token Standard: BEP-20.</p></li><li><p dir="ltr">Token Type: Utility, Governance.</p></li><li><p dir="ltr">Circulating Supply: 490,891,368.46 APX.</p></li><li><p dir="ltr">Total Supply: 4,015,348,130 APX.</p></li></ul><h3>Allocation</h3><h4>Token Burn</h4><p dir="ltr">During the journey to provide users with a better platform experience by exploring user-centric metrics that will help fulfill our vision of web 3.0, ApolloX has launched a token burn plan as below. A total of 5,755,000,000 APX has been burnt.</p><p dir="ltr">Amount before and after the burn is as follow:</p><ul><li><p dir="ltr">ApolloX Treasury: 4,455,000,000 APX → 1,100,000,000 APX</p></li><li><p dir="ltr">Marketing Expenses: 500,000,000 APX → 400,000,000 APX</p></li><li><p dir="ltr">Trading Rewards: 4,300,000,000 APX → 2,000,000,000 APX</p></li><li><p dir="ltr">Total Amount: 9,255,000,000 APX → 3,500,000,000 APX</p></li></ul><h4>Allocation Details</h4><ul><li><p dir="ltr">50.00% (2,000,000,000 APX) to users as Trading Rewards and Liquidity Provider Rewards for 10 years:</p><ul><li><p dir="ltr">1,800,000,000 APX allocated to the Trading Rewards Program and the Leaderboard Rewards. Production will be cut in half starting in the third year, with 15,000,000 APX released each month. Production will be reduced to 9,000,000 APX per month beginning in the sixth year until the trade rewards are fully released.</p></li><li><p dir="ltr">164,250,000 APX to APX Liquidity Providers. The output will be cut in half starting in the third year, to 2,281,250 APX every month, until the liquidity provider awards are fully delivered.</p></li><li><p dir="ltr">135,750,000 APX to Upcoming Product Release;</p></li></ul></li><li><p dir="ltr">26.20% (1,100,000,000 APX) to Community Treasury;</p></li><li><p dir="ltr">Community Treasury will be closed and not available to the market at first. It will be utilized in the future to introduce new products (such as Gamefi, Socialfi, DAO voting, and so on);</p></li><li><p dir="ltr">9.50% (400,000,000 APX) to Marketing &amp; Partnerships:</p></li><li><p dir="ltr">Linear vesting for 5 years;</p></li><li><p dir="ltr">8.30% (350,000,000 APX) to users who have been with us since our early days and complete certain milestones (Retroactive Mining Rewards);</p></li><li><p dir="ltr">6.00% (250,000,000 APX) to list on PancakeSwap</p></li></ul><h3>Token Release Schedule</h3><ul><li><p dir="ltr">User Trading Rewards:</p><ul><li><p dir="ltr">Leaderboard Rewards &amp; Trading Rewards Program.</p></li><li><p dir="ltr">Liquidity Providers.</p></li></ul></li><li><p dir="ltr">Community Treasury: The Community Treasury will be locked and will not be given to the market at first. It will be utilized in the future to introduce new products (such as Gamefi, Socialfi, DAO voting, and so on).</p></li><li><p dir="ltr">Marketing &amp; Partnerships: 5 years of linear vesting</p></li><li><p dir="ltr">Retroactive Mining Rewards: These are given to users who have been with ApolloX since the beginning and have reached specified milestones.</p></li></ul><h3>Token Use Case</h3><ul><li><p dir="ltr">Savings on Trading Fees: Trading on ApolloX DEX allows traders to receive APX cashback. Essentially, they receive reduced or even free trading fees.</p></li><li><p dir="ltr">Increased trading rewards: This function acts as a multiplier for trading incentives, enticing users to store more APX.</p></li><li><p dir="ltr">Profit: Trading APX on the ApolloX DEX allows traders to earn more APX.</p></li><li><p dir="ltr">Earn LP Rewards: On PancakeSwap, these can be traded for LP tokens. To earn extra APX, LP can be staked on ApolloX DEX.</p></li><li><p dir="ltr">NFT Transaction: When minting NFT from the ecosystem, APX is the payment currency.</p></li><li><p dir="ltr">DAO Governance: Give token holders the ability to vote on DAO proposals that will define ApolloX's future.</p></li></ul><p dir="ltr">There is a 1% tax on every transaction. All taxes will be eliminated. Some APX applications, such as APX staking, are exempt from taxation.</p><h3>Where to buy</h3><p dir="ltr">APX is available for trading on <a href="https://pancakeswap.finance/" alt="Where to buy ApolloX" title="Where to buy ApolloX" target="_blank" rel="nofollow" class=""><u>PancakeSwap</u></a> (Pool: APX-BUSD) and other exchanges like <a href="https://www.lbank.info/" target="_blank" rel="nofollow" class=""><u>LBank</u></a> and <a href="https://www.mexc.com/" alt="Where to buy ApolloX" title="Where to buy ApolloX" target="_blank" rel="nofollow" class=""><u>MEXC Global</u></a>.</p><h2>Roadmap</h2><p class="prosemirror-p-center"><img src="https://lh4.googleusercontent.com/4y2c4RjYSRI67AAWYMMnlgcbNLnx0VsnPJY2L50Wxxpq7OhDMSI3d12z45Q1W9Kzio0fFg6zpCWXLAkjzl9jkGXZsXotomI3Z06HSJHdNbWbXm-5ek9jXWGL0B4c7c6dRMQn-7zysDBS0bzpHQ" alt="ApolloX Roadmap" title="ApolloX Roadmap" width="624" height="312"><img src="https://lh5.googleusercontent.com/zO5wiL52_w-pACs4mXt_sUZ2ADwwUxDlIW4vCshyCHF405e7kzrJ0_tPJPwadnplb8Se26bsFH0Ilb3y4vghNd8HppQqBzUgPdzdJ6-02ALeblmVbuV6vVNbB8HbtMoZhEOpP6pWS--daok5_A" alt="ApolloX Roadmap" title="ApolloX Roadmap" width="624" height="312"></p><h2>Team</h2><h3>ApolloX Captain: Founder</h3><p dir="ltr">The ApolloX Captain is ApolloX's founder. It launched ApolloX in 2021 to meet the demand for an accessible and sophisticated trading solution. The Captain, an active participant with over ten years of expertise in the traditional financial and crypto industries, is building the ApolloX ecosystem from zero to one, and from one to beyond, for future generations of crypto traders.</p><h3>Venus: Operations Lead</h3><p dir="ltr">Venus oversees the day-to-day operations of the ApolloX exchange as Operations Lead. Venus has over 5 years of expertise in crypto, including a spell at cryptocurrency exchanges MEXC Global. Venus connects ApolloX stakeholders to drive the operational cadence of operations and assist ApolloX in scaling.</p><h3>Katherine: Growth Lead</h3><p dir="ltr">Katherine is ApolloX's Growth Lead. Katherine worked in company marketing across numerous sectors for almost 6 years. Katherine formerly worked for one of the leading cryptocurrency exchanges before joining ApolloX. Katherine is the ApolloX ecosystem's brand guardian. Katherine directs multi-platform strategic activities to develop ApolloX's brand in the worldwide crypto community.</p><h3>Damien: BD Lead</h3><p dir="ltr">Damien is in charge of developing and implementing company-wide strategies to expand ApolloX's operations globally. As BD Lead, Damien oversees all elements of regional business development and cultivates new collaborations with other cryptocurrency enterprises. Damien has been working as a BD in the crypto business for some years and is always looking for new methods to boost adoption and engagement with the ApolloX exchange.</p><h3>Saturn: Product Lead</h3><p dir="ltr">Saturn brings over ten years of experience in strategic product direction to ApolloX as Product Lead. Saturn is in charge of managing the whole ApolloX product line as well as pushing new capabilities and activities to benefit the ApolloX ecosystem. Saturn was formerly a quant trader for derivatives at one of the leading hedge funds for many years and is now the crypto landscape subject matter expert throughout ApolloX markets.</p><h3>Neptune: Tech Lead</h3><p dir="ltr">Neptune is the Tech Lead of ApolloX. Neptune is in charge of planning, constructing, and maintaining ApolloX's robust system and trading architecture. Neptune, an ex-Binance blockchain architect, has considerable expertise as a full stack developer and entrepreneurial experience in the design and development of Bitcoin mining chips and mining equipment.</p><h2>Social Channels</h2><ul><li><p dir="ltr">Website:&nbsp;<a href="https://www.apollox.com/" alt="ApolloX Website" title="ApolloX Website" target="_blank" rel="nofollow" class=""><u>https://www.apollox.com/</u></a></p></li><li><p dir="ltr">Telegram:&nbsp;<a href="https://t.me/apolloxchange" alt="ApolloX Telegram" title="ApolloX Telegram" target="_blank" rel="nofollow" class=""><u>https://t.me/apolloxchange</u></a></p></li><li><p dir="ltr">Twitter:&nbsp;<a href="https://twitter.com/ApolloX_com" alt="ApolloX Twitter" title="ApolloX Twitter" target="_blank" rel="nofollow" class=""><u>https://twitter.com/ApolloX_com</u></a></p></li></ul><div class="pr-block-special"><strong>Disclaimer:</strong><br>"This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name."</div>

ApolloX is the first combined CEX and DEX crypto exchange.

ApolloX Review: All about the first combined CEX and DEX crypto exchange