ApeSwap is a decentralized finance (DeFi) hub on BNB Chain, Polygon and Ethereum offering a full suite of tools to explore and engage with the future of wealth building, overseen by the ApeSwap Decentralized Autonomous Organization (DAO). At the core of the ApeSwap platform is its decentralized exchange (DEX), and the ApeSwap ecosystem includes native token farming pools, lending and its Non Fungible Apes collection.
ApeSwap’s Problem: Targeting a more advanced demographic
ApeSwap prides itself in providing the best user experience and simplistic solutions for people to participate in DeFi. Its primary goal is to become a DeFi Hub providing accessible financial opportunities for the (crypto) masses.
Unfortunately, this came with a tradeoff: ApeSwap found it difficult to provide more advanced features for power users and enhanced trading, especially when much of its resources were dedicated to its existing product offerings.
The Solution: ApolloX DEX Engine
In July 2022, ApeSwap identified ApolloX DEX Engine as a potential solution to its problem.
The ApolloX DEX Engine is a one-stop decentralized derivatives trading solution for any business looking to launch their own derivatives DEX. ApeSwap’s integration with ApolloX DEX Engine created the ApeSwap Pro perpetual futures trading product. ApeSwap Pro leverages ApolloX's stable trading infrastructure, deep liquidity, and market depth to introduce perpetual futures to its users, while letting ApeSwap earn commission on transaction fees.
The new ApeSwap Pro:
- Provides a professional trading option for advanced DeFi users to better navigate uncertainty and hedge against market volatility
- Offers advanced trading features like leverage, new order types, charting, multiple assets as collateral and more
- Bridges the gap between ApeSwap’s goal to remain accessible for the masses and its vision to become a DeFi Hub catering to all types of users
- Furthers ApeSwap’s reputation of being insightful builders who continually find ways to offer new features, tools, and DeFi opportunities
Obie Dobo, Product Lead at ApeSwap, comments on ApeSwap Pro, “My personal favorite feature is leverage – it’s particularly useful to keep degen users engaged in bear market cycles, as it allows for excitement and action even in choppy, slow pace markets. Most of ApeSwap’s users came in (and are accustomed to) a different type of market, so ApolloX’s leverage allows us to provide a semblance of that even when market conditions aren’t favorable.”
- Launched professional trading platform ApeSwap Pro in a week
- Met user demand for advanced trading features on ApeSwap
- Generated positive community sentiment and user interest in bear market
ApeSwap onboarded the ready-to-deploy ApolloX DEX Engine and smoothly launched ApeSwap Pro in a week. This was made possible as ApeSwap focused on customizing the frontend user interface while ApolloX took care of everything else on the backend. “It took approximately 1 week of work to set up DNS, ensure the color schemes are correct, coordinate with the ApolloX team, and test!” says Obie. Upcoming features currently in ApolloX’s development pipeline will also be automatically pushed out to ApolloX DEX Engine in future. This means that ApeSwap Pro development would not require extensive resources from the ApeSwap product team, leaving them free to dedicate time to other core offerings.
“Without the ability to whitelabel and have ApolloX maintain our Pro platform, we simply wouldn’t have the resources to expand our DeFi hub in that direction.”
“The primary benefit of ApeSwap Pro is for our advanced users to have a sophisticated platform to take advantage of all of the opportunities that perpetual futures trading can unlock,” says Obie. But beyond the product win, ApeSwap has seen increased user engagement from its community, which is helpful in generating conversations in a bear market. “From a qualitative standpoint - the community sentiment, user interest, and overall excitement - has been immense and is a major contributing factor to furthering ApeSwap’s mission and vision. That will translate to hard metrics over time.”
Set up your DEX in a few days
Whether your business wants to expand into the derivatives market, cater to both beginner and pro traders in your user base, or even add more use cases to your native token (ask us about this!); ApolloX DEX Engine promises a fuss-free, ready-to-deploy experience. Furthermore, you can expect marketing and customer support from ApolloX to ensure a smooth onboarding.
3 Simple Steps
- Fill in the application form and submit
Our dedicated support team will review each submitted application with care. Successful applicants will be guided to proceed to the next step.
- Create your own domain name
Before you start, help your users easily identify you by creating your branded domain name.
- Download our proprietary SDK and customize it according to your preferences
Customize the ApolloX DEX Engine SDK to better cater to your business needs. After mandatory testing, prepare for launch.