As part of ApeSwap’s continued efforts to offer a robust suite of products and serve our users as a one-stop DeFi Hub, we’ve partnered with ApolloX to launch a new platform for advanced users: ApeSwap Pro. ApeSwap Pro is built on the ApolloX platform and offers perpetual futures trading with leverage up to 200x.
A "perpetual" is a derivative contract that has no expiration date. It allows traders to speculate on the future price movements of an asset. Using ApeSwap Pro, users can open both long and short positions, with and without leverage. If the price of an asset increases, long positions opened via perpetuals contracts become more profitable; if it decreases, short positions become more profitable.
ApolloX is the leading decentralized solution shaping Web3 trading, consisting of decentralized crypto derivatives exchange ApolloX DEX and bespoke derivatives trading solution ApolloX DEX Engine. Their mission is to make this amazing technology open to everybody, regardless of their abilities.