Round 2 of S2 allocates 2,000,000 APYX, 2% of total supply, to participants.
Token Mechanics
A unified ecosystem for stability, yield generation, and protocol governance.
apxUSD
The DollarCan be sold or redeemed for other assets at any time
Pays no yield natively
Best For
Traders wanting high single digit yield in lending pools with no lockups
Market makers wanting to capture spreads and fees from various trading markets
apyUSD
The Yield WrapperLocked to generate high yields from collateral basket of preferred stock and treasuries
20 day unlock period
Best For
Long term savers wanting high yields with low volatility
Traders wanting ultra high yields via looping and other activities in DeFi
APYX
The Governance TokenHas governance control over the Apyx Protocol
Will receive a portion of the reserve growth each month
Best For
Long term investors wanting to bet on the overall growth of the protocol
Traders wanting to bet on short term reserve growth
What is Apyx?
Apyx is the first dividend-backed stablecoin protocol that transforms preferred equity issued by Digital Asset Treasuries (DAT) into programmable, double-digit yield digital dollars.
By bundling diversified preferred shares and leveraging protocol functionality, Apyx offers sustainable double-digit yield with unprecedented transparency.
apyUSD
The locked apxUSD token earning double-digit yield
apyUSD
The locked apxUSD token earning double-digit yieldSaving Account
10y Treasury
USDC
(in Aave)
USD₮
(in Compound)Yield Bearing Stables
Why Apyx wins
apyUSD delivers high APY through diversified digital credit backing while competitors offer low yields.
Learn More* apyUSD APY is calculated using a 30-day trailing average of dividends from underlying digital credit positions, annualized with monthly compounding. Fintech Savings APY is an average of select consumer fintech and neobank USD savings rates at the time of publication. US Treasury 10y APY is based on US Treasury 10-year constant maturity yields at the time of publication. USDC and USD₮ lending rates reflect variable supply rates on select DeFi lending protocols at the time of publication. All data presented is for informational purposes only and should not be construed as advice or a solicitation to acquire a specific asset. Market conditions may change and actual future results may vary.
Transparency &
Risk Management
Multi-layered risk management keeps Apyx secure. Full transparency, daily monitoring, and overcollateralization protect your holdings.
Overcollateralized
apxUSD is always backed >100% with additional protocol-owned collateral
Auto Rebalancing
Basket is rebalanced on issuer concentration, liquidity, and coverage thresholds
Stress Tests
Positions are run through scenario tests across DAT drawdowns, rate shocks, and more
Low-Cost Hedges
Theta-minimized, gamma hedge strategy using put options on common and underlying crypto
Protocol Owned Liquidity
Foundation balance sheet invested in apxUSD for further overcollateralization
Daily NAV Updates
Transparent, daily updated NAV dashboards for full visibility
Working with The Best
Leading partners from Web3 and TradFi power Apyx's security, infrastructure, and finance.
Who We Are
Apyx is built by a team of experienced operators from leading crypto exchanges, traditional finance, and technology.
Our founding contributors bring deep expertise in protocol design, treasury management, and scaling global platforms.
Start Earning with
apxUSD Today
Join the next evolution of digital dollars. Double-digit yields, backed by digital credit.
