The cryptocurrency exchange Bybit has added the DEX ApeX Pro to its platform. This was reported in the exchange’s blog of the exchange.
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According to Bybit CEO Ben Zhou, this is the first integration of a centralized and decentralized exchange in the blockchain industry.
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\”Nobody has done anything like this. It’s a unique solution that will help restore users’ trust in the cryptocurrency ecosystem and open access to Web3 projects for all who want it,\” he commented.
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After adding ApeX Pro, users can trade on the DEX within the Bybit interface. To do this, you need to create a > Bybit and transfer funds from your spot account to it.
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Additionally, the exchange’s clients now have access to:
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- decentralized futures with up to 20x leverage;
- an additional market for large-order execution and arbitrage;
- private trades with zero-knowledge proof (zk-proof).
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ApeX Pro is a decentralized exchange for trading perpetual futures on Bitcoin (BTC), Ethereum (ETH), XRP, Cosmos (ATOM) and Dogecoin (DOGE) with collateral in USD Coin (USDC).
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The protocol uses L2-solution StarkEx on the Ethereum blockchain. In one second, the core can match 10 orders and add or cancel up to 1,000 orders in the order book.
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Bybit is a platform for trading cryptocurrencies and futures contracts, as well as staking, DeFi mining, NFT and P2P trading. The average daily trading volume on the exchange exceeds $3 billion.
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Earlier, Bybit disclosed the volume of user assets — it amounted to $1.9 billion.
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