{
  "schemaVersion": 1,
  "id": "apex-omni",
  "version": "1.1.0",
  "name": "ApeX Omni",
  "reviewedAt": "2026-10-24",
  "reviewIntervalDays": 14,
  "reviewer": "Decentralised News editorial research",
  "evidenceType": "provider_documentation",
  "liveTested": false,
  "summary": "ApeX Omni still separates funding from trading balances and requires distinct API/ZkLink signing controls. Current API docs now specify 8 cross-collateral assets, hourly funding, explicit private/order rate limits and separate actual-fee vs limit-fee fields.",
  "scope": "Provider-documentation review of ApeX Omni perpetual trading. Not a live execution test, exhaustive product inventory, security audit or individual eligibility assessment.",
  "decisionTitle": "Separate the balance you hold from the actions you authorize.",
  "decisionContext": "Scope: Omni perpetuals and their funding/API workflow. Spot, prediction and tokenized-asset products are outside this brief. Documentation is not proof of current account eligibility or successful execution.",
  "sources": [
    {
      "id": "api",
      "name": "ApeX Omni API reference",
      "url": "https://api-docs.omni.apex.exchange/",
      "reviewedAt": "2026-10-24"
    },
    {
      "id": "faq",
      "name": "ApeX Omni API FAQ",
      "url": "https://api-docs.omni.apex.exchange/faq/index.html",
      "reviewedAt": "2026-10-24"
    }
  ],
  "networks": [
    {
      "id": "apex-omni",
      "name": "ApeX Omni perpetual trading (review scope)",
      "collaterals": [
        "USDT",
        "USDC",
        "WBTC",
        "WETH",
        "ETH",
        "cmETH",
        "mETH",
        "cbBTC",
        "USDe"
      ],
      "collateralNote": "USDT remains a base trading asset while the current API docs list eight additional cross-collateral tokens. Confirm current valuation, eligibility and chain support before use."
    }
  ],
  "claims": [
    {
      "id": "funding",
      "question": "Does a funding deposit immediately become trading margin?",
      "label": "Provider-reported",
      "finding": "Current API docs still require funds to move from the Omni funding account into the Perps/contract account before trading. Funding fees are exchanged hourly between long and short position holders, with the rate refreshed each hour.",
      "consequence": "Confirm both the balance transfer into the trading account and the current hourly funding rate. A deposit alone does not establish usable margin or holding cost.",
      "sourceIds": [
        "api"
      ]
    },
    {
      "id": "collateral",
      "question": "Does cross collateral mean every asset has the same risk?",
      "label": "Provider-reported",
      "finding": "The current API docs list eight cross-collateral tokens alongside USDT: USDC, WBTC, WETH, ETH, cmETH, mETH, cbBTC and USDe. Account equity and maintenance margin remain separate calculations.",
      "consequence": "Do not treat supported collateral as equal-value margin. Check current haircut/valuation and maintenance requirements for the actual asset.",
      "sourceIds": [
        "api"
      ]
    },
    {
      "id": "fees",
      "question": "Is Limit Fee a quoted all-in cost?",
      "label": "Provider-reported",
      "finding": "Current order data exposes both limitFee and actual fee fields. The FAQ still defines Limit Fee as the maximum fee authorized in the signed request rather than the final fee paid.",
      "consequence": "Use the executed order's actual fee when available. The signed limit is only a ceiling and excludes funding, execution and withdrawal costs.",
      "sourceIds": [
        "faq"
      ]
    },
    {
      "id": "signing",
      "question": "Is an ordinary API key the complete signing model?",
      "label": "Provider-reported",
      "finding": "ApeX Omni continues to distinguish API credentials from ZkLink keys; order creation and withdrawals require ZkLink signatures. Current API docs also publish rate limits of 300 POST and 600 GET private requests per minute per account, with a 200-order creation limit per user.",
      "consequence": "Automation must respect both credential scope and request/order limits. DN has not tested revocation, recovery or compromise handling.",
      "sourceIds": [
        "faq"
      ]
    },
    {
      "id": "withdrawal",
      "question": "Does a fast-withdrawal request guarantee an immediate payout?",
      "label": "Provider-reported",
      "finding": "The withdrawal-fee endpoint requires sufficient available balance; fast withdrawals also require available fast-pool liquidity.",
      "consequence": "Verify route, fee and available capacity before relying on a withdrawal deadline. No payout timing has been measured.",
      "sourceIds": [
        "api"
      ]
    },
    {
      "id": "execution",
      "question": "Does a market-order API request guarantee a fill?",
      "label": "Provider-reported",
      "finding": "The FAQ requires a signed price for market orders and describes conditions under which the order is cancelled.",
      "consequence": "Validate price bounds and cancellation handling. A submitted request is not an execution receipt.",
      "sourceIds": [
        "faq"
      ]
    }
  ],
  "illustration": null,
  "unknowns": [
    "Current executable quotes and all-in holding costs",
    "Independent fill, stop-loss and withdrawal reliability",
    "Live signing permissions and revocation behaviour",
    "Individual eligibility and current regional restrictions"
  ],
  "history": [
    {
      "date": "2026-10-24",
      "type": "DN evidence review",
      "detail": "Re-opened the ApeX Omni API reference and FAQ. This version adds the current 8-token cross-collateral list, hourly funding, actual-fee vs limit-fee fields, and current API/order rate limits. No live fill, withdrawal, signing-revocation or eligibility test was performed."
    },
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial documentation brief. Account-specific conditions and evidence limits are preserved in this version."
    }
  ],
  "reviewTriggers": [
    "Changed official product, fee or margin documentation",
    "A substantiated correction",
    "The 14-day editorial review deadline"
  ],
  "disclosure": "DN may receive compensation through commercial links elsewhere on the site. This brief contains no trading CTA or payout-based ranking. A documentation review does not establish current operational status or user eligibility."
}
