How it works
APEX essentially functions as a non-custodial trustless orderbook on top of the Perpetual Protocol virtual Automated Market Maker (vAMM). This is known as a "best of both worlds" combination, whereby APEX users can enjoy:
- The advantages of Perpetual Protocol's vAMM model, whereby liquidity can easily be bootstrapped for new markets and new markets are listed regularly.
- Advanced order type functionality they are used to use on centralised exchanges.
As a decentralised, non-custodial solution, APEX is open to anyone and it keeps your funds safe.