# ApeCoin (APE): Tokenomics, Governance, and Ecosystem Utility

**Published:** 2026-06-12T22:45:23.057Z  
**Topic:** ApeCoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/598e062d-8199-4d31-8527-65f0a2de1c5d

ApeCoin (APE) is an ERC-20 token powering the Bored Ape Yacht Club ecosystem. Learn about its governance, token distribution, and utility on ApeChain.

ApeCoin (APE) is an ERC-20 token launched in March 2022 to power the APE ecosystem, which encompasses the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and the Otherside metaverse [1]. Operating on the Ethereum blockchain, the token functions as both a utility currency for transactions and a governance asset within the ApeCoin DAO [1]. It is also the native gas token for ApeChain, where transactions burn gas to create an economically viable loop [2].

**Key takeaways**
*   ApeCoin is an ERC-20 token on Ethereum launched in March 2022, serving as the official token for BAYC, Otherside, and ApeChain [1, 2].
*   The total supply is capped at 1 billion tokens, with 62% allocated to the ecosystem fund, 16% to Yuga Labs and charity, 14% to launch contributors, and 8% to BAYC founders [2].
*   Holders govern the ecosystem through the ApeCoin DAO, voting on decisions and fund allocation, while the APE Foundation oversees administration [1, 3].
*   As of June 13, 2026, the price is approximately $0.128, with

## Sources
1. KuCoin — [APE Price Live Chart - KuCoin](https://www.kucoin.com/price/APE)
2. Apecoin — [ApeCoin (APE) - Official Token Information](https://apecoin.com/)
3. Crypto — [ApeCoin price: APE to USD, chart & market stats](https://crypto.news/price/apecoin/)

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Cite as: TrendWatcher, "ApeCoin (APE): Tokenomics, Governance, and Ecosystem Utility", https://www.trendwatcher.in/article/598e062d-8199-4d31-8527-65f0a2de1c5d