apxUSD
apxusd#251$0.999461
-0.06% (24h)
Price Chart
Market Cap
$111.3M
24h Volume
$13.81M
Circulating Supply
111.28M APXUSD
Max Supply
∞ Unlimited
24h High
$1.01
24h Low
$0.99591
All Time High
$1.11
All Time Low
$0.981993
Fully Diluted Val.
$111.3M
From ATH
-10.1%
Price Change
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…
