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 Distributes 16,731 $APEX to Stakers from Protocol Revenue
ApeX Protocol has distributed **16,731 $APEX tokens** to stakers as part of its revenue-sharing program. **Key Details:** - Distribution comes from actual protocol fees, not token inflation - Rewards continue despite market volatility - Previous distribution on January 28 was 10,155 $APEX - Stakers can check their rewards on the [dashboard](https://omni.apex.exchange/staking) **What This Means:** The protocol maintains its commitment to sharing real yield with token holders. Unlike many DeFi projects that rely on inflationary token emissions, ApeX distributes actual revenue generated from trading fees on its platform. This approach provides stakers with sustainable rewards tied to protocol usage rather than dilutive tokenomics.
ApeX Protocol Executes Weekly Token Buyback, Locking 267,857 APEX for Three Years
**ApeX Protocol continues its systematic token buyback program**, purchasing and locking 267,857 $APEX tokens in its latest weekly operation. **Key Details:** - Tokens locked for 3-year period - Transaction verified on-chain via [Arbiscan](https://arbiscan.io/tx/0xbc8f6f62c967d29f9c0ae148aa42e0ef0240c14eb81d2977f3e15778db521420) - Part of ongoing weekly buyback schedule **Recent Buyback History:** - Week of Jan 27: 184,000 $APEX - Week of Jan 19: 249,950 $APEX - Week of Dec 1: 921,618 $APEX ($663K) The protocol maintains its commitment to reducing circulating supply through consistent token purchases funded by platform revenue.
⚽ Man United vs Tottenham Match Now Tradable on ApeX
ApeX Protocol has opened trading for the **Manchester United vs Tottenham** match scheduled for **February 7th**. This follows their recent offerings of tradable Premier League matches, including: - Man United vs Man City (Jan 17) - Arsenal vs Man United (Jan 25) - Newcastle vs Aston Villa (Jan 25) All matches are available with **10x leverage** on the platform. **Trade the outcome:** [MUN vs TOT Feb 7](https://omni.apex.exchange/trade/MUN_Win_Against_TOT_Feb7_EPLUSDT) ApeX Pro operates as a permissionless, non-custodial DEX on StarkWare's Layer 2, offering cross-margined perpetual contracts with low fees and efficient order execution.
🎯 ApeX Protocol Integrates Chainlink Data Streams for US Equities Perpetuals
ApeX Protocol has integrated Chainlink Data Streams to power its US equities perpetual contracts, marking a step toward bringing the $80 trillion equities market on-chain. **Key Integration Details:** - Leverages Chainlink's real-time, low-latency data infrastructure - Enables precision pricing for tokenized equity derivatives - Part of broader DeFi adoption alongside protocols like GMX and Kamino **Technical Infrastructure:** - Data Streams now available across 37 blockchain networks - Covers major US equities and ETFs including SPY, QQQ, NVDA, AAPL, MSFT - Features market hours logic, staleness detection, and high-frequency pricing **Market Implications:** - Bridges traditional finance and decentralized finance infrastructure - Unlocks use cases like tokenized stock trading and synthetic ETFs - Provides institutional-grade data for on-chain capital markets The integration positions ApeX Protocol's StarkEx-powered orderbook DEX to offer cross-margined perpetual contracts on equities with improved execution and security.
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)