what's APX Finance?

APX Finance is a decentralized derivatives exchange offering orderbook perpetuals and on-chain perpetual contracts for cryptocurrency trading. Deployed primarily on BNB Chain with support for other ecosystems like Arbitrum, it provides high-leverage trading (up to 50x+), deep liquidity, and a hybrid model combining CEX-like orderbooks with DeFi non-custodial execution. The platform has merged with Astherus and evolved into Aster DEX, migrating the $APX governance and utility token to $ASTER for enhanced tokenomics, governance, and rewards. APX also issues tokenized products like the apxUSD stablecoin, overcollateralized by real-world assets such as STRC preferred equity and US Treasuries, bridging TradFi yields to on-chain users.

APX Finance, a tokenized STRC product, reached ~$180M supply in one month.

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