November 15, 2023 – Saint Vincent and the Grenadines, Caribbean
The leading non-custodial derivatives DEX (decentralized exchange, ApeX Protocol proudly unveils the beta release of USDT contracts today. This significant development marks ApeX as one of the pioneering DEXs, offering support for both USDC and USDT perpetual contracts.
Recognizing USDT’s substantial share in the stablecoin market – accounting for 69.5% as of November 15, 2023 – ApeX takes a significant step forward by broadening its product range.
The introduction of USDT contracts, initiating with the BTC-USDT pair, provides traders with 50x leverage, with additional contract listings in the pipeline for the near future.
This strategic expansion underscores ApeX’s commitment to user-centric innovation and responsiveness to market trends, reaffirming its position as a