ALP Pool Migrating to V2

Derivatives platform ApolloX has begun rolling out its V2 futures trading upgrade on BNB Chain mainnet.

The first step involves the transition of the protocol’s ALP pool to V2. During the upgrade, the buying and selling of ALP has been disabled.

ALP is ApolloX’s liquidity provider token, representing a basket of tokens including $USDT, $USDC, $BUSD and $ETH.

With a Total Value Locked of $46 million, ApolloX is the third-largest derivatives exchange in crypto and the largest on BNB Chain, according to DefiLlama.

Recently, the ApolloX Twitter account shared a preview of its product roadmap, with three major events planned, including:

• Launching V2 on BNB Chain mainnet
• Expanding V2 to Decentralized Exchange (DEX) engine partners
• Launching ApolloX V1 on new Ethereum layer-2 rollup ZKsync.

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What is ApolloX?

ApolloX launched in 2021, with a mission to make crypto trading accessible to everyone. The platform's ecosystem comprises BNB Chain's foremost decentralized crypto derivatives exchange - ApolloX DEX, an in-built DeFi Wallet, ApolloX NFTs, and its proprietary derivatives trading solution - ApolloX DEX Engine.

ApolloX is among the top BNB Chain decentralized exchanges and has attracted seed funding from major venture capitalists like Binance Labs and Kronos Research, 3Commas, and LUX Capital.

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Where to find ApolloX:

Website | Twitter | Telegram | Discord | Reddit | Instagram