Ape and Pepe (APEPE) is a community-driven meme token deployed on Polygon (PoS) as an ERC-20-style contract on 2023-06-07.
It combines the imagery of two established internet meme archetypes and is categorized as a "Meme" asset. The token trades on Uniswap on Polygon as well as on numerous centralized exchanges, including HTX, Gate.io, MEXC, BingX, BitMart, LBank, Coinone, GOPAX, DigiFinex, AscendEX, and Toobit.
Ape and Pepe differentiates itself from comparable meme tokens mainly through broad exchange access and offline marketing rather than any technical feature.
Over 400,000 holders have been reported for the token, which is listed across more than ten centralized exchanges plus Uniswap on Polygon, giving it wider distribution than many single-exchange meme tokens. Visibility campaigns, including a Times Square billboard with the HTX exchange and a Hong Kong Trams feature, support this reach. No protocol fees, revenue, or TVL apply, since the token carries no underlying application.
APEPE functions as neither a governance token nor a utility token in the conventional sense; it is a plain transferable meme asset with no additional on-chain utility.
Holders can buy, hold, and transfer the ERC-20-style token, and trade it on Uniswap (Polygon) or on supporting centralized exchanges. APEPE offers no staking, fee-payment, collateral, or governance-voting mechanism.
Ape and Pepe has a fixed maximum supply of 210 trillion tokens, all of which are already in circulation.
No minting mechanism exists, so net emission is non-inflationary at the protocol level; no vesting schedule applies, as the full supply was distributed at launch.
Ape and Pepe launched in June 2023 on Polygon, with its token contract deployed on 2023-06-07.
No ICO, IDO, presale, or venture funding round occurred; distribution instead followed a fair-launch, airdrop-style model. The reported allocation split is 70% to community airdrops, 20% to exchange liquidity (DEX/CEX), and 10% to marketing, partnerships, and future exchange listings.
Ape and Pepe (APEPE) is deployed on Polygon (PoS), a chain secured by proof-of-stake consensus.
Polygon (PoS) uses its own validator set that stakes tokens to produce and finalize blocks under a proof-of-stake model, periodically checkpointing to Ethereum. APEPE does not operate its own blockchain or validator set; it relies entirely on Polygon's existing consensus layer.
Ape and Pepe has no publicly identified founders; the project is described as community-driven with an anonymous founder.
No developers, executives, or advisors are named. Public contact points consist of a project email, a Telegram channel, and an X/Twitter account, reportedly followed by over 500,000 accounts, rather than any identifiable individual team members.
No formal legal entity, company, or foundation issues Ape and Pepe.
The project is instead maintained by decentralized community contributors rather than a formal development team or corporate structure. Its official channels are a website, a Telegram group, and an X/Twitter account, but no registered organization stands behind these channels.
Ape and Pepe has no formal on-chain governance or voting mechanism; direction is set informally by its community.
Decision-making has been described as "DAO-lite," with project direction shaped by community sentiment expressed through informal polls and Telegram discussions rather than structured governance proposals or a governance token. No treasury-management process or on-chain voting system exists.
Recent Ape and Pepe activity centers on marketing and exchange expansion rather than protocol development.
Ape and Pepe has passed two third-party audits, from Beosin and Cyberscope, with no unresolved findings reported.
The Beosin audit identified one informational-severity issue, unused Ownable code, which the project addressed by renouncing contract ownership. An automated on-chain risk scan separately rates the contract's security score at 73 out of 100 and does not flag it as spam. Structural risks include thin on-chain liquidity relative to a market capitalization above $200 million, and medium holder concentration versus peer meme tokens.