APEX Supply Adjusted to 500 Million

The total supply of APEX, the governance token of the APEX protocol, has been adjusted to 500 million. Out of the initial issuance of 1 billion, 500 million have been burned, and the supply reduction will be completed in 2024. The team and early investors will receive 115 million APEX, which accounts for 23% of the total supply, subject to a 24-month cliff and an additional 24-month vesting period. The remaining 385 million APEX, which constitutes 77% of the total supply, will be allocated for participation rewards, ecosystem development, and liquidity-related purposes, with a 36-month lock-up condition for the DAO allocation. The total supply and circulating supply must be verified based on different criteria, with the circulating supply referring to the amount available for trading in the actual market. According to Crypto Briefing, the APEX supply is fixed at 500 million, with no scheduled remaining unlocks. However, there is currently no official timetable for the circulating supply or future unlocks. A separate buyback program is set to purchase a total of 200,000 APEX by August 2026. The storage address for the purchased amount and changes in circulating supply require further verification. It is difficult to determine the price or long-term value solely based on the adjustment of the APEX supply, and additional verification of the remaining unlocks and current circulating supply is necessary through official documents and on-chain data.

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