# APX Finance > Best decentralized exchange experience APX Finance is a decentralized perpetual futures exchange offering order book and on-chain trading across multiple blockchains. APX Finance is a decentralized derivatives protocol for traders seeking non-custodial perpetual futures markets. Users can trade on V1 order book perps or V2 fully on-chain perps, provide liquidity through ALP pools for fee income, or stake APX tokens for governance participation. The protocol operates on BNB Chain, Arbitrum, and other networks, and offers white-label DEX infrastructure for third-party deployments. - Type: Protocol - Sector: Finance - Status: Acquired - Founded: 2021-01-01 - Profile: https://thegrid.id/profiles/apx_finance ## Products - [APX Finance](https://thegrid.id/profiles/apx_finance): APX Finance is a decentralized perpetual futures trading platform. The V1 order book model uses off-chain trade matching with on-chain fund settlement and custody, accepting ERC-20 and BEP-20 collateral, across BNB Chain, Ethereum, Arbitrum, zkSync Era, Base, and Manta. The V2 on-chain model executes all transactions on-chain via the ALP liquidity pool, which acts as the direct counterparty to traders, with pricing from a dual-oracle system using Binance Oracle and Chainlink, on BNB Chain, Arbitrum, opBNB, and Base. No registration or asset deposits are required for V2 trading. Users can provide liquidity by minting ALP tokens to earn protocol fees, or lock APX tokens in APX DAO to receive voting rights and staking rewards. (Derivatives , Live, Main Product) - [APX Permissionless DEX Engine](https://thegrid.id/profiles/apx_finance): APX Permissionless DEX Engine is an SDK enabling third-party projects to deploy branded on-chain perpetual futures exchanges using APX V2 infrastructure. Partners access the shared ALP liquidity pool without requiring authorization from APX Finance and can configure custom domains and trading interfaces. Partners earn commissions on trading fees generated through their deployed platforms. BNB Chain and Arbitrum are supported. (Developer Tooling, Live) ## Assets - [APX Token (APX)](https://thegrid.id/profiles/apx_finance): APX is the governance token of APX Finance. It is used for locking in the APX DAO to earn voting power, staking rewards, and reduced trading fees on the platform. Platform trading revenue is partially used to repurchase and burn APX through a dedicated fee repurchase contract. (Governance) - [ALP (ALP)](https://thegrid.id/profiles/apx_finance): ALP is a vault token representing deposits in APX Finance's V2 on-chain perpetual liquidity pool. It is used for providing liquidity to V2 trading pairs on BNB Chain, Arbitrum, opBNB, and Base, with holders earning platform trading fees and staking rewards. The ALP pool acts as the direct counterparty to V2 traders, so its net asset value rises or falls with pool profit and loss. (Vault Tokens) ## Links - [Main](https://www.apollox.finance) - [Documentation](https://apollox-finance.gitbook.io/apollox-finance) - [Privacy policy](https://apollox-finance.gitbook.io/apollox-finance/about-us/privacy-policy) - [Terms of Service](https://apollox-finance.gitbook.io/apollox-finance/about-us/terms-of-use) - [Governance](https://snapshot.org/#/apolloxdao.eth) - [Media Kit/branding](https://apollox-finance.gitbook.io/apollox-finance/brand-logo-and-guidelines) - [Twitter / X](https://x.com/APX_Finance) - [Discord](https://discord.gg/gRE9KYhTeX) - [Medium](https://medium.com/apx-finance) - [Telegram](https://t.me/ApolloX_Finance) - [Telegram](https://t.me/apolloxchange) - [Telegram](https://t.me/ApolloXCN) - [Telegram](https://t.me/apollox_korea) - [GitHub](https://github.com/apollox-finance) ## Relationships - [Aster](https://thegrid.id/profiles/aster): Parent organization ## Legal This data is provided under two licensing models. Model 1 - open data. 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