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ApeX launches CXMT on-chain perpetual contracts with up to 50x leverage
ApeX has announced the launch of CXMT, an on-chain perpetual contract for ChangXin Memory Technologies, allowing users to trade with up to 50x leverage directly from their wallets. This new instrument offers 24/7 access to price exposure on the DRAM manufacturer during its IPO.
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ApeX has introduced CXMT as a new trading instrument on its Omni platform, providing on-chain perpetual contracts for ChangXin Memory Technologies, a DRAM memory chip manufacturer currently undergoing an initial public offering. According to the announcement and supporting information, traders can take long or short positions on CXMT with leverage of up to 50x, and can access the instrument continuously, without traditional account registration or KYC, by connecting their wallets directly to the platform. The contracts are cash-settled in USDC and do not have expiry dates, allowing for uninterrupted trading even outside standard market hours. This launch forms part of ApeX Omni’s broader approach to offering tokenized real-world equity derivatives, particularly targeting assets that may otherwise be difficult to access for global retail traders.
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ApeX is a decentralized cryptocurrency exchange that allows users to trade directly, including with leverage, without intermediaries. The platform features its own governance token for passive income opportunities, a user-friendly proprietary web interface, mobile apps, and simple wallet-based access without mandatory registration. For more details, see the broker profile on Traders Union.
In the previous ApeX update, the broker announced the launch of $ORACLE trading with up to 50x leverage on the ApeX Omni platform. For more details, see the previous ApeX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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