Since someone put dydx in the spotlight this week, which is a great DEX for leverage traders, I wanted to put forward my preferred DEX of choice to leverage trade on, bring forward ApeX.
Full transparency I am going to be a bit biased here towards this DEX as it was built by Bybit and I have been using Bybit to day trade on for over three years now and I have never traded on a better crypto exchange personally so I have nothing but praise to give them.
I prefer Apex’s interface a bit more than dydx’s, I think it offers better rewards and incentives to use the platform such as its trade-to-earn program which rewards users with BANA tokens for every trade they make on the platform as an example, and the DEX also has a few cool extra features such as a copy trading for the newer trader and for a Bybit user like myself I can easily connect it to my Bybit wallet.
I found a good table which is below that summarizes the comparisons between ApeX, to dydx & GMX for security + privacy, cost + efficiency and token + rewards. Show Less