Derivatives · Review
ActiveApolloX Review 2026: Perpetuals and 1001x Leverage
ApolloX is a multichain decentralized exchange for crypto perpetuals, with off-chain matching in V1 and on-chain V2 trading. Its broad chain support and self-custodial V2 come with substantial leverage and trading risks.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.5/10
Good
Our verdict on Apollox
6.5/10ApolloX may suit experienced crypto traders who want perpetual futures across multiple networks and are comfortable managing leverage and wallet-based execution. Its main strength is the choice between V1's off-chain matching with on-chain settlement and V2's fully on-chain model. The key caveats are the advertised leverage of up to 1001x, the absence of a published fee schedule on the homepage, and limited detail there about audit findings and pool terms. Review the market rules and costs before trading.
Score breakdown
How Apollox scores
- Security
- 6.0/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- 8.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Apollox?
ApolloX is a decentralized derivatives exchange focused on crypto perpetuals. Its V1 product uses off-chain order matching with on-chain settlement, while V2 is presented as fully on-chain trading. The homepage advertises leverage up to 1001x and lists an ALP pool for liquidity providers.
V1 supports BNB Chain, Ethereum, Arbitrum One, zkSync Era, Base and Manta. V2 supports BNB Chain and Arbitrum One. ApolloX says V2 is self-custodial and does not require deposits. The site lists audit reports from CertiK, Salus Security and PeckShield, but does not summarize their findings on the homepage. Fees, pool terms and licensing details are not published there.
How Apollox works
ApolloX offers perpetual futures through two product versions. V1 uses an order-book model: orders are matched off-chain, while settlement takes place on-chain. The site says this design aims to combine fast order matching with on-chain settlement. It also lists API trading for V1.
V2 is described as fully on-chain trading on BNB Chain and Arbitrum One. ApolloX says V2 does not require deposits and is self-custodial. Perpetuals use leverage and can be liquidated when positions no longer meet their requirements; actual costs, market rules and execution conditions should be checked in the trading interface. The site also lists an ALP pool, but does not provide its detailed terms on the homepage.
6 features
Key features
01
V1 order book
The V1 product combines off-chain order matching with on-chain settlement for perpetual futures.
02
On-chain V2
V2 offers fully on-chain trading on BNB Chain and Arbitrum One. ApolloX says it does not require deposits and is self-custodial.
03
High leverage
The homepage advertises up to 1001x leverage. Actual leverage and risk controls may vary by market and should be checked before trading.
04
V2 trading modes
ApolloX describes V2 Degen Mode as having zero slippage and V2 classic perpetuals as having slippage as low as 0.01%. These are platform claims, not guaranteed execution outcomes.
05
ALP pool
The site lists an ALP pool and yield-earning opportunities, but does not give pool terms or returns on its homepage.
06
API trading
ApolloX says V1 supports API trading and presents an exchange-style interface with order-book liquidity.
Pros and cons
What we like
- Offers both an off-chain matching and on-chain settlement model and a fully on-chain V2 product.
- Supports several networks through V1, with BNB Chain and Arbitrum One available on V2.
- ApolloX says V2 is self-custodial and does not require deposits.
- Lists API trading for V1 and an ALP pool for liquidity providers.
- The homepage links to audit reports from CertiK, Salus Security and PeckShield.
Watch out for
- ApolloX advertises leverage of up to 1001x, which can magnify losses and increase liquidation risk.
- Trading fees, funding rates and LP terms are not published on the homepage.
- The homepage does not explain how V1 order-book liquidity is sourced or how its matching system is governed.
- Audit report links are listed, but the homepage does not summarize their scope, findings or remediation.
- Perpetuals carry market, oracle and smart-contract risks, and the homepage does not state a licensing jurisdiction.
Apollox fees
ApolloX does not publish a fee schedule on its homepage. It advertises low fees, but does not give trading fees, funding rates or ALP pool terms there. Check the trading interface and relevant documentation for the costs and conditions shown before placing a trade or providing liquidity.
Is Apollox safe?
ApolloX lists audit reports from CertiK, Salus Security and PeckShield, but its homepage does not detail the audits' scope, findings or remediation. An audit does not eliminate smart-contract risk. V2 is described as self-custodial, while V1 uses off-chain matching; users should account for protocol, execution and counterparty risks associated with those designs.
Perpetual trading with leverage can lead to rapid losses or liquidation, particularly at the advertised maximum of 1001x. ApolloX does not state a licensing jurisdiction on its homepage. Check whether derivatives trading is legal where you live and review all market, fee and liquidation terms before using the platform.
5 steps
How to get started with Apollox
- 1
Open ApolloX and connect a compatible DeFi wallet; the site says V1 does not require sign-up.
- 2
Choose V1 or V2 and confirm that your wallet is connected to a network supported by that product.
- 3
Review the selected market, leverage settings, funding information and transaction details before trading.
- 4
For V2, check the displayed mode and execution details; ApolloX describes V2 as fully on-chain and not requiring deposits.
- 5
If considering the ALP pool, review its terms and risks before committing assets. The homepage does not publish detailed pool conditions.
Who Apollox is for
ApolloX is aimed at crypto traders familiar with perpetual futures, order books and liquidation risk, especially those who want to trade through a wallet across several networks. Its high advertised leverage makes it a poor fit for anyone who does not understand how quickly leveraged positions can lose value.
Apollox FAQs
What is the maximum leverage on ApolloX?
ApolloX advertises up to 1001x leverage on its homepage. High leverage can make small market moves trigger large losses or liquidation, so check the terms and risk controls for the specific market before trading.
Which networks does ApolloX support?
V1 supports BNB Chain, Ethereum, Arbitrum One, zkSync Era, Base and Manta. V2 supports BNB Chain and Arbitrum One.
How does ApolloX work?
ApolloX describes V1 as using off-chain order matching with on-chain settlement, while V2 offers fully on-chain trading. Its homepage says V2 does not require deposits and keeps users self-custodial.
What are ApolloX's fees?
ApolloX does not publish a fee schedule on its homepage. Check the trading interface and relevant documentation for trading fees, funding rates and any pool terms before using the service.
What is the APX token?
APX is the token named on ApolloX's homepage, which also lists APX DAO and an APX token exchange. The homepage does not explain the token's full utility or rights.
Compare
Apollox alternatives
Ostium is an Arbitrum perpetuals platform for FX, metals, equities and other real-world assets, with an API aimed at professional users.
ApeX Pro is a decentralized perpetuals exchange, now branded ApeX Omni, offering 100+ markets with up to 100x leverage and self-custody for derivatives traders.
Antarctic is a self-custodial perpetual futures DEX on Arbitrum for leveraged traders, with no listed audits or token.
Contango V2 is a DeFi protocol that automates leveraged looping on lending markets across ten chains for long, short and yield strategies.
Orderly is omnichain, shared-orderbook infrastructure that lets builders launch perpetual-futures DEXs, used by traders through those frontends.
Grvt Bridge is the Ethereum bridge into Grvt, a non-custodial zero-knowledge exchange for crypto, stock and commodity perpetuals, for active traders.
Same category
More Derivatives dApps
Hyperliquid is a Layer-1 blockchain with a non-custodial onchain exchange for perpetual futures and spot trading, aimed at active crypto traders.
Gtrade is a non-custodial app from Gains Network for leveraged long and short trading on crypto, forex, stocks, indices and commodities, mainly on Arbitrum.
Jupiter Perpetual Exchange is a Solana perpetuals venue where LPs fund a pool that leveraged traders trade against at oracle prices.
MUX Perps is a decentralized perpetuals trading protocol and aggregator offering up to 100x leverage across several chains, for experienced non-US traders.
Drift is a Solana-based on-chain exchange offering leveraged perpetual futures and spot trading for active crypto traders.
GMX is a decentralized exchange for spot and perpetual futures trading with up to 50x leverage, running on Arbitrum and Avalanche, for experienced DeFi traders.
Same chain
More on BNB Chain
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.