Apex's TVL surpasses $95 million, total volume approaches $100 billion
In the ever-evolving world of cryptocurrency, Apex, a non-custodial derivative trading protocol, has been making waves. As of August 31, 2024, Apex's total value locked (TVL) surpassed $95 million, marking a significant milestone in its growth.
Apex offers two flagship products: Apex Pro and Apex Omni. Apex Pro, a permissionless decentralized exchange (DEX), provides cross-margined perpetual contracts and offers up to 30x leverage, ensuring instant settlement. On the other hand, Apex Omni, a multi-chain DEX designed for maximum efficiency and optimal performance, is positioned as a high-performance decentralized exchange (DEX) for secure, private trading, and institutional use.
The Omni platform has been particularly active, with its TVL approximating $6 million as of the current writing. On August 30, the Omni platform recorded its third day of daily inflows exceeding $1 million. Notably, Arbitrum-based assets dominate the Omni platform, accounting for about two-thirds of the TVL. Binance Smart Chain is the second most represented chain on the Omni platform. Ethereum and Mantle are also present on the Omni platform, albeit with smaller shares compared to Arbitrum-based assets and Binance Smart Chain.
USDC has a 58% share, and USDT accounts for 42% of the deposited assets on Apex Pro. Ethereum accounts for 99% of deposited liquidity on Apex Pro, making it the clear leader. Bitcoin (BTC), Ethereum (ETH), and major tokens like ApeCoin (APE), Algorand (ALGO), and The Graph (GRT) are prominently used on both Apex Pro and Apex Omni.
The strong demand for these cryptocurrencies, coupled with record highs in 2025, suggests robust trading volumes on Apex. Bitcoin reached record highs in 2025 due to external macroeconomic factors, indicating a thriving overall market activity impacting volumes on major trading platforms like Apex.
While precise trading volume figures for Apex Pro and Omni in 2024 are not publicly detailed, the mention of deep liquidity, institutional adoption, and positive crypto market trends strongly suggest a growing and active trading volume environment on these platforms in the current year.
In terms of the project's growth, Apex has gained over 50% since the beginning of the year. The Omni platform reached a record high TVL of $6.6 million on August 30, further underscoring its growth and popularity.
As Apex continues to expand and evolve, it remains a platform to watch in the rapidly changing world of cryptocurrency trading.
The daily news in finance shows that Apex's flagship product, Apex Omni, has seen its TVL approach $6 million, with daily inflows exceeding $1 million on August 30, highlighting increasing investor interest. With USDC and USDT making up 58% and 42% of the deposited assets on Apex Pro respectively, it is evident that technology plays a crucial role in the growing adoption of cryptocurrencies like Bitcoin, Ethereum, and others on these platforms.