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ApeX Protocol Confirms Fixed Supply of APEX Tokens Following Data Correction
ApeX Protocol has clarified the total supply of its governance token, APEX, confirming it is fixed at 500 million tokens with no future unlock events planned. This correction follows a systematic reduction from an original maximum supply of 1 billion tokens, achieved through quarterly token burns that concluded in late 2024. The updated information is reflected in the Ethereum token contract at the address 0x52a8845df664d76c69d2eea607cd793565af42b8.
Currently, approximately 146 million APEX tokens are in circulation, indicating that around 71% of the total supply remains locked or inactive in trading. Allocations for the team and early investors, which represent about 23% of the total supply, have fully vested, eliminating concerns over sudden market flooding from gradual unlocks or cliff events.
In addition to the fixed supply, ApeX Protocol operates a monthly buyback-and-lock program funded by trading fees from its decentralized exchange. In August 2026, the protocol repurchased 200,000 APEX tokens, contributing to a gradual reduction of the effective float available for trading. The protocol has also recently reported a social-engineering incident affecting a wallet in its Trade-to-Earn program, though it confirmed that user funds and smart contracts remain secure. This clarity on token supply and security measures is expected to reassure current and prospective APEX token holders.
Source: KLEA News