An Overview of APX Finance: Will 1001x Leverage Help This $10B+ Perp DEX Come Out on Top?

Web3 Tech Brief By HackerNoon

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Discover how APX Finance measures against other perp DEXs with 1001x leverage and ALP yield.
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The perpetual DEX wars are raging. Protocols fiercely compete to attract traders and liquidity providers (LPs) to their platforms. In the following article, we’ll analyze the APX Finance platform, one of the bigger perpetual trading platforms. We’ll determine if its standout feature — perpetual trading with an insanely high leverage of 1001x — is boon or bane in the current climate.