PANews reported on September 29th that ApeX Protocol announced the launch of its APEX token buyback program, leveraging past revenue with a one-time investment of $12 million to kick off the program. Starting next week, 50% of ApeX Protocol's daily revenue, along with the pledged $12 million, will be used to repurchase APEX tokens from the open market. This allocation will gradually increase over time, eventually reaching 90% of all revenue. Starting next week, buybacks will occur weekly from the open market. All repurchased tokens will be transferred and locked to an on-chain public address, fully visible to community members.