Ape and Pepe

apepe

Rank #160•Polygon Ecosystem, Meme, Frog-Themed

CoinYQ Dossier

The owner disappeared, but the organizers did not become visible

APEPE’s contract answers the easiest questions unusually well: one mint, no token transfer-fee mechanism, no upgrade and no owner. Its biography begins after that clean result. A meme community still needs people to hold allocation wallets, arrange listings, count votes and maintain products—and public records do not say who those people are.

One constructor made the entire monetary policy

At Polygon block 43,637,843 on June 7, 2023, the APEPE constructor sent 210 trillion 18-decimal units to its deployer. No inflation schedule followed because the finished interface contains no mint function.

Transfers use ordinary ERC-20 logic. There is no buy/sell branch, fee wallet, blacklist or pause. burn and allowance-gated burnFrom can only make the total smaller.

This is the solid core behind the project’s “fixed supply” and “0% token transfer fee” claims. It says nothing about market price, liquidity depth or how the deployer distributed its original balance.

An audit removed a key that had almost nothing to open

Beosin reviewed the address on August 14–15, 2024. Its only finding was informational: Ownable code was redundant because the token defined no owner-only business operation. The recorded fix was relinquishing ownership; owner now returns the zero address.

Renunciation prevents later ownership transfer through the normal path, but it cannot govern Uniswap positions, CEX accounts, websites or separate apps. Code immutability and organizational transparency answer different questions.

The allocation page and the 2025 exchange record describe different splits

The allocation page reviewed divides 100% among seven groups: 20.48, 20, 15, 14.52 and three 10% buckets. Coinone’s 2025 primer describes a 70% airdrop plus DEX, CEX and reserve framing. The seven-way table might subdivide that 70%, but the reviewed documents do not reconcile the two descriptions or establish when one replaced the other.

Neither version points to a vesting contract, named custodian or wallet map. A reserve percentage without a mandate is simply inventory controlled by an unidentified party. A liquidity percentage does not promise that LP positions are locked or that centralized exchanges cannot change support.

Coinone’s formal information sheet dated September 24, 2025 marked the issuing and operating entity, domicile, legal character and principal people unknown. The project’s own terms refer only to “APEPE and its operators,” without naming a contracting company.

These gaps do not change the contract supply. They determine whether community members can hold anyone accountable for distribution, representations or product continuity.

Community voting lives outside the token

Community FLOW promises proposals, votes and influence over ecosystem initiatives. No vote delegation, snapshots, quorum or execution hook exists inside APEPE. The published pages do not establish that a successful vote controls a treasury or binds the unnamed operators.

RealGo, poker, AI tools and MEMONS collectibles are likewise separate experiences. The reviewed project materials describe some as live and others as coming soon; their availability can change independently of the immutable token. The token can survive every website disappearing; that durability is also the limit of what the code guarantees.

How the project changed

2023-06-07
One transaction creates 210 trillion
The Polygon constructor mints the entire APEPE supply to the deployer.
2024-08-14
Beosin begins the code review
The two-day audit examines the standard ERC-20 and its burn functions.
2024-08-15
Ownership is recorded as relinquished
The only informational finding—redundant Ownable code—is marked fixed.
2024-11-20
XT opens APEPE trading
The exchange notice independently matches the Polygon contract and meme-token identity.
2025-09-24
Coinone records the operator gap
Its due-diligence sheet lists issuer, operator, jurisdiction and personnel as unknown.
2026-05
Community FLOW is announced
The project adds proposals and voting as an off-chain participation process.

What to verify before relying on the token story

Issuer and principal operators remain unidentified, limiting legal accountability for statements and services.
All supply began in one deployer balance; current allocation labels do not prove the historical transfer path or present concentration.
The reviewed materials do not identify vesting contracts, a reserve mandate, a named custodian or a wallet-by-wallet allocation map supporting the seven buckets.
The token has no proxy or upgrade path independently of ownership renunciation; neither fact locks DEX liquidity or controls CEX inventory.
The reviewed Community FLOW materials do not establish a binding quorum, treasury authority or on-chain execution.
Games, collectibles, wallet campaigns and integrations can close or change without altering the token contract.
Burn functions reduce supply only with holder authority; burns do not create revenue, redemption or price support.
The official site disclaims intrinsic value, price stability, returns and market performance.

Evidence and primary sources

Last evidence review: 2026-09-04

What is Ape and Pepe?

APEPE combines “ape” and Pepe imagery into a Polygon meme token marketed as a banner for small retail participants. The canonical identity is contract 0xA3f751662e282E83EC3cBc387d225Ca56dD63D3a, not the many unrelated APEPE tickers on other chains. The verified contract calls itself Ape and Pepe, uses 18 decimals and created 210,000,000,000,000 APEPE at deployment on June 7, 2023.

The token is a standard transferable and burnable ERC-20, not a share, revenue claim or governance instrument in its code. The official site goes further than most meme projects by stating that APEPE is for entertainment, has no intrinsic value and offers no financial advice. Its games, collectibles, wallet campaigns and Community FLOW belong to an ecosystem operated around the token; owning APEPE does not create a contractual right to those services.

What problem does Ape and Pepe solve?

A meme token can make its supply mechanically simple while leaving its social system hard to verify. APEPE removed the obvious contract levers: no callable mint after construction, no token transfer fee, no blacklist, no pause and no upgrade proxy. Current owner is the zero address. Beosin’s August 2024 review found only redundant Ownable code and records that ownership was relinquished.

The remaining trust moves off-chain. Current docs publish a seven-part allocation, exchange and wallet integrations, Community FLOW voting and product milestones, but Coinone’s September 2025 due-diligence report could not identify the issuer, main operator, jurisdiction, legal form or personnel. A renounced token contract therefore proves supply rules; it does not prove who controls reserve wallets, CEX inventory, websites, voting records or promised integrations.

How does Ape and Pepe work?

All 210 trillion units were minted to the deployer in the constructor. Today totalSupply still reads 210 trillion. Any holder can burn its own tokens, while burnFrom requires allowance; burning can reduce supply, but nobody can recreate units through this contract. The plain ERC-20 transfer path contains no buy/sell detector or fee recipient, supporting the published 0% token transfer fee claim.

The current allocation page assigns 20.48% to early contributors, 20% to community users, 15% to early OpenBook traders, 14.52% to APEPE holders, 10% to DEX liquidity, 10% to CEX liquidity and 10% reserve. Those sum to 100%, but labels are not vesting contracts. The reviewed docs provide no wallet-by-wallet allocation map, unlock schedule, reserve mandate or legal custodian, so CoinYQ treats allocation execution and concentration as project claims rather than immutable contract facts.

Community FLOW is described as proposals and voting that shape ecosystem initiatives. The ERC-20 has no vote checkpoint, delegation or execution module; the reviewed official materials do not show a binding quorum or treasury controller. Games and MEMONS collectibles are separate applications. Their availability may give the brand places to appear, but it does not add yield, redemption or governance rights to an APEPE balance.

Key facts

Canonical Polygon contract: 0xA3f751662e282E83EC3cBc387d225Ca56dD63D3a; deployed 2023-06-07.
Supply: 210,000,000,000,000 APEPE with 18 decimals, minted once in the constructor.
Current owner is the zero address; contract is non-proxy and exposes no post-deployment mint, token transfer fee, freeze or pause.
Holders may burn their own balance; burnFrom requires allowance and cannot target arbitrary wallets.
Published allocation: 20.48% early contributors, 20% community users, 15% early OpenBook traders, 14.52% holders, 10% DEX, 10% CEX, 10% reserve.
No on-chain vesting or wallet allocation map was found for the seven published buckets.
Beosin audited August 14–15, 2024 and reported one informational redundant-code item, fixed by relinquishing ownership.
Coinone reported the issuer/operator, domicile, legal form and personnel as unknown on 2025-09-24.
Community FLOW is an off-chain participation framework, not voting rights enforced by the APEPE contract.
The official site says APEPE is entertainment-only, has no intrinsic value and does not guarantee returns or market performance.

Official links

Official website Whitepaper Block explorer X / Twitter

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Frequently asked questions

Can the team mint more APEPE?

The verified Polygon contract minted 210 trillion in its constructor and exposes no mint function afterward. Its current owner is zero. Supply can fall through holder-authorized burns, but this contract cannot restore burned units.

Does renounced ownership make the whole project decentralized?

It removes the contract owner’s powers, which were already unnecessary for transfers. It does not identify or decentralize the operators of websites, social channels, exchange inventory, liquidity wallets, products or Community FLOW.

Is the published allocation locked on-chain?

Not in the reviewed token contract. The seven percentages sum to 100%, but no vesting module or wallet-by-wallet mapping in the official documentation proves custody or release timing.

Does APEPE provide governance or income?

The reviewed token code contains no voting or revenue distribution. Community FLOW is described as proposal and voting participation, but the reviewed materials do not establish a binding quorum, execution contract, treasury right, yield or redemption promise.

What did the Beosin audit establish?

It reviewed this Polygon token code in August 2024 and found one informational issue: unused Ownable machinery. The report says ownership was relinquished. It explicitly does not guarantee the team, business model, legal compliance or flawless future operation.

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