ApeX Protocol corrected its APEX token data, confirming a fixed total supply of 500 million tokens and no remaining scheduled unlocks. The figure reflects the destruction of 500 million tokens through quarterly burns that concluded by late 2024, reducing the original maximum supply of 1 billion APEX. About 146 million APEX are circulating, leaving roughly 71% outside active trading. Team and early investor allocations, together representing about 23% of total supply, have fully vested, with no cliff events or gradual unlocks scheduled. ApeX also uses trading-fee revenue from its decentralized exchange to fund a monthly buyback-and-lock program. In August 2026, it repurchased 200K APEX and locked the tokens. The protocol operates a non-custodial exchange focused on perpetual derivatives (contracts without expiry), alongside spot trading, prediction markets and tokenized assets. It has backing from Dragonfly and Tiger Global. ApeX disclosed a social-engineering incident on September 8, 2026, involving a wallet in its Trade-to-Earn program, but said user funds, smart contracts (self-executing blockchain code) and token-supply mechanics were not compromised. The corrected data removes scheduled unlocks as a source of future dilution, while the location of the remaining tokens remains tied to locked or reserved states associated with buybacks and other protocol mechanisms.