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Description
Apricot Lend offers traditional lending and borrowing functionalities, allowing users to deposit their assets for interest earnings and use those deposits as collateral to secure loans for other assets. In addition, Apricot X-Farm introduces a cross-margin leveraged yield farming feature that enables users to enhance the returns on their current investments. For instance, in the case of USDT-USDC liquidity provider (LP) farming, many other leveraged yield farming platforms require users to possess a certain amount of both USDT and USDC before they can engage in farming the stablecoin pair. If users lack these stablecoins in their wallets, they typically need to exchange other cryptocurrencies for them beforehand. However, with Apricot X-Farm, there is no prerequisite to hold any USDT or USDC to begin farming. Instead, users can leverage their non-stablecoin assets as collateral to borrow stablecoins at a ratio of up to 3x, allowing them to initiate USDT-USDC LP farming immediately. Furthermore, the borrowed stablecoins are automatically pooled and staked to generate LP tokens, leading to a threefold increase in farming yield. This innovative approach significantly simplifies the entry process for users looking to maximize their yield farming potential.
Description
A worldwide platform for trading digital assets, allowing users to buy and sell cryptocurrencies such as Bitcoin, ETH, USDT, and various altcoins. By subscribing to the ASD Investment Product, users can partake in a distribution pool based on their proportional shares, and by depositing ASD (previously known as BTMX), they can earn major cryptocurrencies daily as returns. Users can borrow and repay assets seamlessly during trading, with the option to do so interest-free every eight hours, and they can close all positions with a single click. Holding ASD provides access to exclusive VIP fee discounts, while features like Instant Unbonding, Compound Mode, and Staked Assets are available for Margin Collateral. The platform introduces a unique tiered VIP transaction fee and rebate system that benefits both traders and ASD holders within the AscendEX ecosystem, with tiered discounts linked to the base trading fees determined by either the trailing 30-day trade volume in USDT or the average unlock of ASD holdings over the same period. This setup encourages increased trading activity and enhances overall user engagement on the platform.
API Access
Has API
API Access
Has API
Integrations
Solana
Banxa
Birdeye.so
Coast
CoinMarketCap
CoinStats
Harmony
Hedgehog
Hummingbot
Koinly
Integrations
Solana
Banxa
Birdeye.so
Coast
CoinMarketCap
CoinStats
Harmony
Hedgehog
Hummingbot
Koinly
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Apricot
Website
apricot.one/
Vendor Details
Company Name
AscendEX
Founded
2018
Country
Singapore
Website
ascendex.com