Apyx is a dividend-backed stablecoin protocol on Ethereum. It tokenizes dividend cash flows from Digital Asset Treasury (DAT) preferred equity. apxUSD is the primary liquidity stablecoin (no yield), apyUSD is yield-bearing (received when locking apxUSD). Combined market value exceeds $440M with $130M STRC holdings.
Earn Pips through: Hold apyUSD (1x multiplier + high yield), Hold apxUSD (5x multiplier), Lock apxUSD (10x multiplier), Curve LP apxUSD/USDC with locking (12x multiplier - highest). Daily interactions possible. First era of point farming launched March 2026.
9% of total APYX token supply allocated across two seasons. Season 1: 5 million APYX (5% supply) for Pip holders. Season 2: 4 million APYX (4% supply). Snapshot timing not announced yet. Monitor @apyx_fi for updates.
apxUSD is the primary liquidity layer stablecoin that doesn't pay yield to holders but gives 5x Pips multiplier. apyUSD is the yield-bearing token you receive when locking apxUSD, giving 1x Pips multiplier but providing high yield. Choose based on whether you prioritize airdrop points or current yield.
Apyx launched a 2.0 upgrade framework to address redemption risks and enhance stability. Features a dual-value system for improved protocol resilience. Also integrated with LI.FI to enable cross-chain token swaps across multiple blockchains.
To maximize Apyx allocation:
Apyx: Dividend-backed stablecoin protocol. 9% supply airdrop (5M S1 + 4M S2). Earn Pips: hold/lock apxUSD or provide Curve LP (12x multiplier). $440M TVL. First era active.