The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build. The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO, and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community’s ideas have the support they need to become a reality.The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multisig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.ApeCoin DAO exists because decentralized governance is critical to building and managing a globally dispersed community—and therefore critical to the success of the APE ecosystem. The APE Improvement Proposal Process (see Governance) will allow ApeCoin DAO members to make decisions regarding Ecosystem Fund allocations, governance rules, projects, partnerships, and beyond. ApeCoin DAO membership is open to all ApeCoin holders.ApeCoin is an ERC-20 governance and utility token used within the APE ecosystem to empower a decentralized community building at the forefront of web3. As the open-source protocol layer of the ecosystem, ApeCoin serves several purposes:<ul><li>Governance. ApeCoin is the ecosystem’s governance token, allowing ApeCoin holders to participate in ApeCoin DAO.</li><li>Unification of Spend. ApeCoin is the ecosystem’s utility token, giving all its participants a shared and open currency that can be used without centralized intermediaries.</li><li>Access. ApeCoin provides access to certain parts of the ecosystem that are otherwise unavailable, such as exclusive games, merch, events, and services.</li><li>Incentivization. ApeCoin is a tool for third-party developers to participate in the ecosystem by incorporating APE into services, games, and other projects.</li></ul>

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ApeCoin is the governance token that empowers the ecosystem, which includes the community of Bored Ape Yacht Club and Mutant Ape Yacht Club

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Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Binance	APE/USDT	USDT 1.21 $ 1.21	-2.74% -USDT 0.034	USDT $ 1.25	USDT $ 1.17	0.083%	$ 7.55M APE 6.25M
Bybit	APE/USDT	USDT 1.21 $ 1.21	-2.77% -USDT 0.0344	USDT $ 1.25	USDT $ 1.17	0.041%	$ 3.21M APE 2.65M
HTX	APE/USDT	USDT 1.21 $ 1.21	+0.40% USDT 0.0048	USDT $ 1.23	USDT $ 1.17	0.091%	$ 2.07M APE 1.71M
OKX	APE/USDT	USDT 1.21 $ 1.21	-2.89% -USDT 0.036	USDT $ 1.25	USDT $ 1.17	0.083%	$ 1.75M APE 1.45M
Coinbase	APE/USD	USD 1.21 $ 1.21	-2.97% -$ 0.037	USD $ 1.25	USD $ 1.17	0.166%	$ 745.01K APE 616.73K
Lbank	APE/USDT	USDT 1.21 $ 1.21	N/A	USDT $ 1.25	USDT $ 1.17	N/A	$ 489.88K APE 405.48K
CoinW	APE/USDT	USDT 1.21 $ 1.21	-2.82% -USDT 0.0351	USDT $ 1.25	USDT $ 1.17	0.104%	$ 433.73K APE 359.01K
Binance TR	APE/TRY	TRY 39.01 $ 1.21	-3.03% -TRY 1.22	TRY $ 40.41	TRY $ 37.96	0.102%	$ 314.06K APE 259.27K
Binance	APE/TRY	TRY 39.01 $ 1.21	-3.03% -TRY 1.22	TRY $ 40.41	TRY $ 37.96	0.103%	$ 313.58K APE 258.87K
WhiteBIT	APE/TRY	TRY 38.97 $ 1.21	-2.82% -TRY 1.13	TRY $ 40.47	TRY $ 37.94	0.434%	$ 283.36K APE 234.16K

ApeCoin APE

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