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APXUSDapxUSD

$0.9688
$0.0122
(1.28%)
Today
Updated: 11:48 AM UTC
Mkt Cap$407.25M
Vol8.19M
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Bullish/Bearish Forum Sentiment

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Message Board Activity

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Discussion Diversity

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AboutApyx is the first Dividend-Backed Stablecoin protocol. It acquires preferred equity issued by Digital Asset Treasuries (DATs), which are publicly-listed companies that hold digital assets on their balance sheets and issue preferred shares paying monthly cash dividends. Apyx holds these preferred shares as collateral and converts the offchain dividend cash flows into onchain yield. The protocol has two tokens. apxUSD is a synthetic dollar backed by over 100% collateral in DAT preferred shares. It does not pay yield directly and is designed to provide liquidity across DeFi and CeFi. apyUSD is an ERC-4626 vault where users lock apxUSD to receive enhanced yield from the underlying dividend streams. As dividends are distributed, apyUSD increases in value relative to apxUSD over time. The protocol manages risk through daily NAV reporting, auto-rebalancing based on issuer concentration and liquidity thresholds, stress testing across drawdown and rate shock scenarios, and a protocol-owned liquidity buffer that acts as additional overcollateralization. DeFi Development Corp. (Nasdaq: DFDV), the first SOL Digital Asset Treasury, is a core strategic partner.
Details
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BNB Chain EcosystemBase EcosystemEthereum EcosystemStablecoinsUSD Stablecoin
Date
Market Cap
Volume
Close
June 12, 2026
$407.25M
$8.19M
---
June 12, 2026
$404.71M
$7.46M
---
June 11, 2026
$401.11M
$6.8M
$0.9593
June 10, 2026
$399.79M
$6.54M
$0.9563
June 09, 2026
$402.81M
$12.32M
$0.9635
June 08, 2026
$400.52M
$6.08M
$0.9576
June 07, 2026
$397.68M
$8.48M
$0.9349
June 06, 2026
$424.37M
$8.1M
$0.9995
June 05, 2026
$449.49M
$70.25M
$0.9608
June 04, 2026
$459.25M
$73.63M
$0.9368

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