ApeX (APEX)
Unlock Schedule
ApeX (APEX) Token Unlock & Vesting Schedule
As of October 16, 2026, 570.9 million of the 1 billion APEX (57.09%) have been released. No further releases are scheduled; the schedule was fully unlocked in May 2026.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
ApeX states that APEX has a total supply of 500 million tokens. The supply was originally one billion; a series of reductions completed in 2024 removed half of it. The project’s white paper assigns 23% of the remaining supply to the core team and early investors, with a 24-month cliff followed by a 24-month vesting period. The other 77% is designated for participation rewards, ecosystem development, and liquidity-related activities. These allocations describe the project’s distribution plan, not a separate token for each activity. (apex.exchange)
APEX has three main roles in the project’s published token model:
- Governance: holders can submit and vote on protocol proposals.
- Incentives: participation and liquidity programs can distribute tokens.
- Staking: holders can place tokens in supported programs to receive rewards. (apex.exchange)
The ecosystem also uses esAPEX, an escrowed reward token. Under the token page’s stated terms, claimed esAPEX can be staked again or vested into APEX over six months. ApeX has revised its staking programs over time, including versions that connect token rewards with platform activity. It also announced a revenue-funded APEX buyback program in 2025, with repurchased tokens intended to be held at a public on-chain address for three years. A buyback and a burn work differently: the completed 2024 burns reduced total supply, while a lock-up holds purchased tokens for a stated period. (apex.exchange)
Assumptions
ApeX reports an original one billion APEX and a 2024 reduction of effective supply to about 500 million. Its remaining supply is allocated between team and investors and a larger pool for rewards, ecosystem activities and liquidity; the reported investor balance vests through April 2026, while the 2025 XP pool opened for claims in July. The chart dates original creation, reported investor unlocks and announced access or distribution events, with estimated timing clearly distinguished from published amounts. Treasury spending, reward claims and several conversions remain incompletely dated, and transfers of existing tokens must not be added to the original issuance as new supply.
- Core team: The original schedule was changed and the new timing is not yet published.
- 175 million APEX treasury ecosystem plan: Releases depend on future governance or treasury decisions.
- Trade-to-Earn Round 1 APEX redemption reserve: Releases depend on recipients claiming tokens or on grants being awarded.
- Trade-to-Earn Round 2 APEX redemption reserve: Releases depend on recipients claiming tokens or on grants being awarded.
- Community incentives and partnerships: Releases depend on future governance or treasury decisions.
- OG NFT holders: Releases depend on recipients claiming tokens or on grants being awarded.
- Predator NFT holders: The sources give the amount but no release dates.
- BitDAO, now Mantle, token swap: The sources give the amount but no release dates.
- Miscellaneous ecosystem purposes: Releases depend on future governance or treasury decisions.
- ApeX Pro mainnet retroactive esAPEX airdrop: Releases depend on recipients claiming tokens or on grants being awarded.
- ApeX Pro market-maker liquidity rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- APEX staking rewards and revenue-funded distributions: The sources give the amount but no release dates.
- 2025 Cash Boom APEX campaign: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://www.apex.exchange/static/assets/White-paper.pdf
- 2. https://www.apex.exchange/token
- 3. https://www.apex.exchange/blog/detail/apex-token-supply-distribution
- 4. https://www.apex.exchange/blog/detail/October-2024-Roundup
- 5. https://www.apex.exchange/blog/detail/esAPEX12-Program-Update-Here-is-What-is-Next
- 6. https://www.apex.exchange/blog/detail/esAPEX12
- 7. https://www.apex.exchange/blog/detail/XP-is-Here-Retroactive-Airdrop-25M-APEX-from-the-175M-Treasury-Plan
- 8. https://www.apex.exchange/blog/detail/Updates-Jul-W3-25
- 9. https://www.apex.exchange/blog/detail/Trade-to-Earn-Round2
- 10. https://discourse.bitdao.io/t/passed-bip-17-apex-and-bitdao-proposal/4331
- 11. https://www.apex.exchange/blog/detail/apex-pro-mainnet-to-launch-with-1-000-000--esapex-retroactive-airdrop
- 12. https://www.apex.exchange/blog/detail/apex-pro-market-maker-incentives
- 13. https://www.apex.exchange/blog/detail/Saking-Updates-Enhanced-Rewards-in-APEX
- 14. https://www.apex.exchange/blog/detail/Updates-Jun-W3-25
- 15. https://www.apex.exchange/blog/detail/100K-APEX-for-Grabs
- 16. https://etherscan.io/tokencheck-tool?t=0x52a8845df664d76c69d2eea607cd793565af42b8
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 2 markets on Hyperliquid and Lighter · $1.9M open interest
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 429,100,000 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Description
#583
ApeX Pro is a decentralized, non-custodial trading platform focusing on providing limitless cross-margined perpetual contracts within a social trading framework, targeting a wide metacommunity. It combines an order book model for perpetual swaps with a commitment to speed, efficiency, security, and transparency regarding traders' assets.
| Sector: | Perpetuals |
| Blockchain: | Other L2 |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 2 markets on Hyperliquid and Lighter · $1.9M open interest