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What is Apyx?
Apyx is the
first dividend-backed stablecoin protocol that transforms preferred equity issued by
Digital Asset Treasuries (DAT) into programmable, high-yield digital dollars.
By
bundling diversified preferred shares and leveraging protocol functionality, Apyx offers
sustainable high yield with unprecedented transparency.
apyUSD
The locked apxUSD token earning high 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
Token Mechanics
A unified ecosystem for stability, yield generation, and protocol governance.
apxUSD
The DollarBacked by basket of low-volatility, variable rate perpetual preferreds
Non-yield bearing
Over-collateralized
Price tracks basket of underlying prefs, loosely pegged to $1
Used as collateral across DeFi and CeFi
apyUSD
The Yield WrapperBacked by ever-increasing amount of apxUSD
Minted only from apxUSD
Always redeemable for apxUSD
11-33% APY from leveraged dividend payments
Apyx
The Governance TokenEarns portion of Asset Reserve growth
Controls Asset Reserve allocation
Determines monthly apyUSD payouts
Votes on protocol development direction
Working with The Best
Leading partners from Web3 and TradFi power Apyx's security, infrastructure, and finance.
Start Earning with
apxUSD Today
Join the next evolution of digital dollars. High yields, backed by digital credit.