ApeX Exchange Updates VIP Program with New Tier Structure

**Understanding perpetual contracts requires knowing three distinct prices, not just one.** When trading perps, traders often focus solely on the chart price (last price). However, two other critical prices determine your position's fate: - **Mark Price**: The price that triggers liquidations - **Index Price**: The price used for funding rate calculations - **Last Price**: The most recent trade execution on the chart This explains why liquidations can feel "rigged" during price wicks, or why PnL seems to vanish unexpectedly. The basis - the difference between these prices - plays a crucial role in protecting traders from manipulation while maintaining fair market conditions. [Learn how the three-price system works](https://www.apex.exchange/blog/detail/mark-price-index-basis)

**ApeX Omni has temporarily delisted $KORUUSDT** due to a stock split affecting the underlying asset. **Key Timeline:** - New positions suspended: July 15, 2026, 03:00 UTC - Contract delisting: July 15, 2026, 05:00 UTC **Reason for Delisting:** Partner platforms suspended trading during the stock split, causing the index price to deviate from fair market value. This temporary measure ensures accurate pricing for traders. **What's Next:** Trading support will resume once the stock split completes and pricing normalizes. The platform apologizes for the inconvenience. This follows ApeX's recent delisting of all Prediction Contract trading pairs in June 2026, showing the platform's commitment to maintaining market integrity.

**The Double Exit Problem** Leveraged perpetual contracts have two exit points that traders often overlook: your stop-loss and your liquidation price. At high leverage, these can work against each other. **How It Works** - At 5x leverage: Your liquidation price sits comfortably below your stop-loss - At 25x leverage: Your liquidation price can trigger *before* your stop-loss executes - At 50x leverage: A mere 2% market move can liquidate your entire position **The Math Behind the Risk** In crypto markets, 2% moves aren't crashes—they're routine daily volatility. When your liquidation price sits inside your stop-loss zone, the exchange automatically closes your position to protect itself, bypassing your intended exit strategy entirely. **Protection Strategies** - **Lower leverage**: Give trades room to handle normal market noise - **Set stops early**: Define exits before entering, not during emotional moments - **Monitor margin health**: Funding fees and volatility quietly erode your safety buffer Regulators have documented this phenomenon, confirming it's not bad luck but mathematical certainty. Size positions based on risk tolerance, not maximum available leverage. [Read the full analysis](https://www.apex.exchange/blog/detail/leverage-margin-liquidation-price)

Robinhood's community-owned memecoin CASHCAT is now available for trading on ApeX Omni, a decentralized exchange. **Key Details:** - Trading available with up to 50x leverage - On-chain trading with no KYC requirements - Access to deeper liquidity on Robinhood Chain for improved pricing - Available alongside tokenized stocks and other memecoins The listing expands trading options for the community-driven token across multiple platforms, including integrations with Curve Finance and OpenOcean. [Trade CASHCAT on ApeX Omni](https://omni.apex.exchange/trade/CASHCATUSDT) [Trade on OpenOcean](http://app.openocean.finance)

ApeX Omni has made three significant updates to its platform: **KYC-Free Fiat Deposits** Users can now fund their trading accounts with bank cards, Apple Pay, or Google Pay without verification. KYC requirements only apply when exceeding daily, weekly, or monthly limits. **New TradFi Perpetuals** Two new perpetual contracts are now available for 24/7 trading: - **$SOXL**: Leveraged exposure to US semiconductor companies including Nvidia, Broadcom, Micron, and AMD - **$KORU**: Leveraged exposure to South Korean markets, driven by Samsung and SK Hynix Both contracts are non-custodial and KYC-free. **Mobile Web Support** Fiat deposits are now accessible through mobile web browsers. Full details on app updates and delistings: [Weekly Updates](https://www.apex.exchange/blog/detail/weekly-updates-13jul)