ApeX Protocol is a leading permissionless and non-custodial decentralized exchange (DEX) established in 2022, designed to facilitate decentralized derivatives and spot trading across multiple blockchains. It empowers users with self-custody of assets, deep liquidity, low fees, and advanced trading tools, aiming to redefine the decentralized trading experience for professionals, enthusiasts, and newcomers through speed, efficiency, and security.Features and Trading MechanismsThe protocol emphasizes user-centric features such as low slippage, advanced order types, and zero gas fees achieved through off-chain order matching and on-chain settlement. Key mechanisms include:Elastic Automated Market Maker (AMM): Dynamically adjusts liquidity based on market volatility to prevent rug pulls and maintain stability.Protocol Controlled Value (PCV): Manages liquidity within smart contracts to reduce reliance on third-party providers and ensure deep markets.Cross-Collateral and Pre-Market Trading: Allows flexible asset use as collateral and early access to new assets.Social and Rewards Features: ApeX Social includes a Rewards Hub for earning points, mystery boxes with crypto prizes and community vaults.