apxUSD is Apyx's non-yielding synthetic dollar product and was publicly launched in 2026. Apyx describes the backing model as combining preferred-equity collateral with liquid reserve assets and uses both independent monthly attestations and onchain proof-of-reserves tooling.
| Symbol | APXUSD |
| Peg | USD |
| Backing | Rwa backed |
| Status | Active |
| Launched | 2026 |
| Networks | L1 EVM Ethereum L2 Base |
| Specifications | Auditor Wolf & Company Reserve reporting Monthly reserve attestation Redemption Direct minting and redemption are provided to whitelisted participants. Apyx 2.0 uses a protocol-defined Redemption Value for mint and redemption accounting. |
| Use cases | DeFi collateral, Settlement |
| Depeg history | Date 2026-06-03 · Low price 0.9319 · Cause Collateral basket of Digital Asset Treasury preferred shares (chiefly Strategy's STRC) fell below par as Bitcoin declined; the issuer stated the depeg was expected under its design.Date 2026-06-17 · Low price 0.7377 · Cause STRC preferred shares broke support; apxUSD tracks a floating Redemption Value tied to that basket. Recovery from the low took ten weeks and was still incomplete in September (~$0.97). |
| Chain | Address |
|---|---|
| Base | 0xd993935e13851dd7517af10687ec7e5022127228 |
| Binance Smart Chain | 0x6b3788fd6604bbf03c5378d24e57bb334baad4af |
| Ethereum | 0x98a878b1cd98131b271883b390f68d2c90674665 |
| Solana | HAYQtfJEQ9DbDbaHEhxfGsWbSZ3ywthdsVB3PuB72DYe |
apxUSD is Apyx's non-yielding synthetic dollar product and was publicly launched in 2026. Apyx describes the backing model as combining preferred-equity collateral with liquid reserve assets and uses both independent monthly attestations and onchain proof-of-reserves tooling.
Available on Ethereum, Base.
apxUSD is Apyx's non-yielding synthetic dollar product and was publicly launched in 2026. Apyx describes the backing model as combining preferred-equity collateral with liquid reserve assets and uses both independent monthly attestations and onchain proof-of-reserves tooling.
APXUSD is recorded on 2 networks, including Ethereum, Base.
APXUSD has a market capitalization of $315M as of 10 October 2026.
The most recent recorded depeg for APXUSD occurred on 17 June 2026, when its price fell to $0.7377.