APXUSD Markets
View DEX Screener| Pair | DEX | Chain | Price | 24h Volume | Liquidity |
|---|---|---|---|---|---|
| apxUSD/USDC 0.01% | PancakeSwap V3 | Ethereum | Ξ0.00038322 | Ξ600.527 | Ξ1,155.651 |
| apyUSD/apxUSD | Curve | Ethereum | Ξ0.00056952 | Ξ529.594 | Ξ8,201.346 |
| apxUSD/USDC | Curve | Ethereum | Ξ0.00035555 | Ξ361.012 | Ξ268.877 |
| apxUSD/sUSDat 0.3% | Uniswap V3 | Ethereum | Ξ0.00034846 | Ξ350.861 | Ξ141.760 |
| apxUSD/sUSDat 0.28% | Uniswap V4 | Ethereum | Ξ0.00034874 | Ξ337.290 | Ξ26.289 |
| apxUSD/USDC | Curve | Ethereum | Ξ0.00034756 | Ξ324.955 | Ξ1,477.977 |
| apxUSD/USDT 0.3% | Uniswap V4 | Ethereum | Ξ0.00036167 | Ξ294.863 | Ξ103.483 |
| apxUSD/sUSDat 0.25% | Uniswap V4 | Ethereum | Ξ0.00036472 | Ξ278.434 | Ξ238.473 |
| apxUSD/USDC | Curve | Ethereum | Ξ0.00038112 | Ξ278.292 | Ξ2,824.261 |
| apxUSD/USDC 0.05% | Uniswap V4 | Ethereum | Ξ0.00039335 | Ξ195.219 | Ξ211.384 |
| apxUSD/USDC 2% | Uniswap V4 | Ethereum | Ξ0.0003713 | Ξ157.662 | Ξ5.496 |
| apxUSD/sUSDat 0.19% | Uniswap V4 | Ethereum | Ξ0.00037725 | Ξ122.198 | Ξ161.324 |
About apxUSD
Apyx 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.