ApeX Protocol Completes Week 9 Buyback with $663K Purchase
ApeX Protocol Completes Week 9 Buyback with $663K Purchase
🦍 Week 9 buyback
ApeX Protocol executed its ninth consecutive weekly buyback, purchasing $663K worth of APEX tokens (921,618 tokens) and locking them for three years.
Key Details:
- All purchased tokens sent to Gorilla Bid Fund address
- Transaction verified on-chain via Arbitrum
- Part of ongoing commitment to allocate 50% of weekly revenue to buybacks
- Continues systematic token supply reduction strategy
Buyback Program Progress:
- Total buybacks to date: $9.625M worth of APEX tokens
- Reserve funds remaining: $8.25M available for future purchases
- Lock period: All tokens secured for 3-year minimum
The protocol maintains its weekly buyback schedule at randomized intervals to prevent front-running. This marks the latest execution in ApeX's commitment to reduce token supply and build long-term value for the community.
Platform updates dropped this week 🦍 This week's update article: apex.exchange/blog/detail/pl… One-click features, market expansions, AI Arena insights, and partnerships incoming. Here's what shipped🦍⛵️
Gorilla Bid Fund keeps eating 🦍 Another week, another $1.3M locked away forever. Breakdown: Week's revenue cut: $804K (50% of fees) Reserve tap: $500K Total buyback: $1.304M in $APEX bought and locked Reserves status: $8.25M ready to deploy All tokens locked for 3 years in
🦍 7th buyback done 🦍 $580K bought and locked. 50% of this week's $1.16M in fees, straight to the Gorilla Bid Fund. Locked 3 years. What's left in the $12M reserve: $8.25M. Verify on-chain: 🔸 arbiscan.io/tx/0x3c5b2db0b… Same deal, every week. Keeping our promise to this
6th buyback executed 🦍💰 $705K from this week's revenue bought and locked, that's our 50% commitment on the $1.41M in fees we generated. Same promise to our fam, every week. What's left in the$12M reservce: $8.25M. Everything locked 3 years, verified on-chain: 🔸
Gorilla Bid Fund just hit another one 🦍💰 Week 4 buyback done: $1.27M bought and locked. Here’s how it broke down: This week’s haul: - 50% to buybacks: $772K from this week’s revenue - Tapped the reserves: Another $500K deployed - Total execution: $1.27M bought off the open
Apex “Gorilla Bid Fund” weekly update: $2,000,000 in buybacks completed! This week’s buyback breakdown: Past 7 days revenue: $2.427 million total generated - 50% commitment: $1.25 million allocated to buybacks (executed over 3 days) - Additional deployment: $750K from
Gorilla Bid Fund just hit another one 🦍💰 Week 5 buyback done: $1.175M bought and locked. This week’s haul: $675K from this week’s revenue Tapped the reserves: Another $500K deployed Total execution: $1.175M bought off the open market What’s left in the reserve tank: $8.75M
Apex “Gorilla Bid Fund” weekly update: $1,105,000 in buybacks completed! 🦍💰 This week’s buyback breakdown: - Past 7 days revenue: $1.21 million total generated - 50% commitment: $605K allocated to buybacks - Additional deployment: $500K from previously generated fees - Total
Week 9 buyback done 🦍 $663K worth of $APEX (921,618 token) bought and locked. Weekly revenue flowing into buybacks like clockwork. We commit to our promise to the ApeX fam no matter what. Verify on-chain: 🔸 arbiscan.io/tx/0x774807a76… The buyback season continues, we keep
ApeX Protocol Launches Christmas Wheel Campaign with 9,999 USDT Grand Prize
**ApeX Protocol** celebrates its NBA Prediction Zone launch with a holiday promotion running December 4-31. **Christmas Wheel for New Users:** - Register new ApeX account - Complete tasks to earn spin tickets - **100% guaranteed prize** every spin - Grand prizes include 9,999 USDT, iPhone 17 Pro Max, 0.01 BTC, and Sony PS5 **50K USDT Referral Challenge:** Open to all users (new and existing) - 1-10 referrals: $3 each - 11-30 referrals: $4 each - 31-50 referrals: $5 each - 51-100 referrals: $6 each - 100+ referrals: $7 each (capped) **Valid referral requirements:** - New user registers - Completes 1 stock/prediction trade - Achieves 100 USDT volume within 7 days Rewards are limited and distributed first-come, first-served. [Spin the wheel](https://omni.apex.exchange/spinwheel?activityId=10000) | [Full details](https://www.apex.exchange/blog/detail/ApeX-Christmas-Wheel)
APEX Protocol Enters Final Epoch 9 with 36,660 $APEX Distributed to Stakers
**APEX Protocol** has entered **Epoch 9**, marking the final stretch of APE Season 1 with only **3 weeks remaining**. **Key Updates:** - Epoch 8 results released with **36,660 $APEX** distributed to stakers this week - Season 1 leaderboard competition intensifies as deadline approaches - Previous week (Epoch 7) saw **45,581 $APEX** in staking rewards **What's Next:** Participants have limited time to climb the leaderboard before Season 1 closes. The protocol emphasizes that consistent engagement during these final weeks will determine final rankings. **Access Points:** - [APE Season 1 Dashboard](http://omni.apex.exchange/ape) - [Staking Platform](http://omni.apex.exchange/staking) *Time-sensitive opportunity for active participants to maximize their Season 1 positioning.*
ApeX Launches NBA Prediction Markets Trading Guide
**ApeX Protocol released a comprehensive beginner's guide** for trading NBA prediction markets on their platform. The exchange has been expanding NBA prediction pairs and created the step-by-step guide to help users participate in sports betting markets. **Key features:** - Full walkthrough for beginners - New NBA games added weekly - Up to 20x leverage available - Same interface as perpetual contracts This follows ApeX's recent clarification about their gorilla mascot imagery after community feedback on previous NBA posts. The platform differentiates itself from competitors by offering leveraged prediction markets, while most others only provide spot trading. [Read the full guide](https://www.apex.exchange/blog/detail/Guide-to-Trading-Prediction-Markets-on-ApeX-Omni)
NBA Prediction Markets Launch with 10x Leverage Trading
**New NBA prediction markets** are now live on ApeX Omni, offering traders the chance to bet on game outcomes with **10x leverage**. **Four markets available:** - Lakers vs Raptors (Dec 4) - Lakers vs Celtics (Dec 5) - Spurs vs Cavaliers (Dec 5) - Warriors vs Cavaliers (Dec 6) Traders can profit from their basketball predictions without expensive courtside tickets. The platform positions this as an alternative way to engage with NBA games using **conviction and capital** rather than just watching. All markets are accessible through [ApeX Omni's trading platform](https://omni.apex.exchange) with individual links for each game matchup.
ApeX Protocol Expands Stock Perpetuals with 7 New TradFi Assets at 50x Leverage
**ApeX Protocol** has launched 7 new stock perpetual contracts, expanding on-chain access to traditional markets. **New additions include:** - $MSTR (MicroStrategy) - $COIN (Coinbase) - $CRCL (Circle) - $HOOD (Robinhood) - $UNH (UnitedHealth) - $BMNR (Bitdeer) - $ORCL (Oracle) All contracts offer **50x leverage** and allow traders to access traditional finance exposure without leaving the blockchain. The expansion provides **broader sector coverage** across tech, healthcare, and crypto-adjacent companies, giving traders more diversification options for their on-chain portfolios.