Apex

Apex is a non-custodial, decentralized derivatives exchange built on a high-performance order book model, offering perpetual contracts with CEX-like speed and efficiency.

## Executive Summary Apex is a decentralized, non-custodial trading platform specializing in perpetual swaps. It operates on a high-performance order book model, distinguishing itself from the automated market maker (AMM) model common to many decentralized exchanges (DEXs). The core value proposition of Apex is to deliver a trading experience that mirrors the speed, efficiency, and user interface of a centralized exchange (CEX) while preserving the self-custody and security benefits of decentralization. This is primarily achieved through its use of StarkWare's Layer 2 scaling engine, StarkEx,