Decentralized derivative trading platform Apex Protocol has announced a token repurchase program for $Apex, a native cryptocurrency. The initiative is confirmation of Dex A long-term commitment to that ecosystem, and strategic steps to instill trust between users and investors, will allow you to benefit from the value that is generated.
Initially, the APEX protocol allocates $12 million from past revenues to buy back the tokens. This one-off allocation is funded by the exchange’s past revenues, with future funds coming from daily income.
Vertex protocol that uses 50-90% of daily revenue for $apex buyback
Apex also announced that starting next Monday, it will use 50% of its daily revenue generated from fees to buy back Apex tokens directly from the open market, making the program a key strategy in the token management process. This percentage allocation gradually increases over time to 90% of revenue, with buybacks occurring weekly.
To ensure transparency and user trust, all vertices repaid through exchanges are published and forwarded to a verifiable on-chain address. By gradually reducing the circulation supply and locking tokens with chains forever, Apex aims to increase the long-term value of its assets.
The protocol emphasized that its buyback programme is not just a financial strategy to support Apex’s market price, but an effort to maintain platform stability over the long term, working with broader community sentiment, providing market stability and rarity to positively impact the appeal of tokens to existing and potential investors. This initiative is designed to ensure that all stakeholders (traders, holders, and protocols) benefit from Apex’s continued growth.
The program, alongside Apex Protocol’s 4.0 Blueprint and Project Omega, focuses on the placement of decentralized derivative exchanges as a trader-centric, community-oriented platform. It also highlights the platform’s dedication to creating an ecosystem in which users are not just participants but also the stakeholders of their success.
Apex Protocol has repeated that future Decentralized Finance (defi) They require more than advanced technology because they require shared ownership, coordinated incentives and complete transparency. The Apex token buyback program serves as the first practical implementation of these values.
Historically, token buybacks have increased the value of token holders and created an artificial shortage. Traders should be aware of Apex Protocol’s daily revenue metrics and weekly activities in buyback wallets.
Can $apex maintain the price of post-acquisition hype?
At the time of writing, Apex has traded at $2.27, up 19.86% over the past 24 hours. The token’s seven-day RSI is a “extreme over-acquisition” level of 98.2, with prices exceeding the 30-day SMA by $1.06. That Fibonacci expansion suggests that the next resistance is close to a 23.6% FIB retracement level of $2.71. Short-term momentum will benefit the bulls, but extreme RSI may be followed by price corrections. The token trading volume fell by 35% in 24 hours, bringing the short-term hints for potential profits by traders to $195 million.
A record high of over $2.71 could trigger a FOMO-driven rally, potentially pushing Apex towards a 161.8% FIB extension of $4.23. As you accelerate as you make profits, it’s important that your token exceed the $2.11 FIB expansion of 23.6%.
