apxUSD
apxusdRank #125apxUSD (APXUSD): synthetic dollar collateralized by dividend-paying digital-treasury preferred shares
apxUSD (APXUSD) is a synthetic dollar from the Apyx protocol, over-collateralized by preferred equity that publicly-listed Digital Asset Treasury companies issue, positioned as what the project calls the first dividend-backed stablecoin.
How the dividend-backed design works
The design is unusual. Apyx buys preferred shares of listed firms that hold digital assets on their balance sheets and pay monthly cash dividends, holds those shares as collateral, and channels the off-chain dividend cash flow on-chain as yield. The system splits into two tokens: apxUSD is the dollar-pegged liquidity instrument backed by more than 100% collateral and pays no yield itself, while apyUSD is an ERC-4626 vault where users lock apxUSD to capture the underlying dividend stream, appreciating over time. Daily NAV reporting and auto-rebalancing on issuer concentration are the stated risk controls.
The collateral risks behind the peg
The honest risk picture is dominated by the novelty of the collateral. Preferred shares of crypto-treasury companies are reflexively tied to digital-asset prices and equity-market liquidity, so the backing can weaken exactly when a peg is stressed. Counterparty, custody, redemption, and legal enforceability of those claims all matter. apxUSD suits DeFi users comfortable underwriting a new, structurally complex yield source, not those wanting the simplicity of a cash-and-treasuries stablecoin.
- 1. Choose an exchange. Pick a reputable exchange that lists APXUSD — among the venues we rate highest are Binance, OKX and Kraken.
- 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
- 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
- 4. Buy APXUSD. Search for APXUSD, choose a market or limit order, enter your amount, and confirm.
- 5. Secure your coins. For long-term holdings, withdraw APXUSD to a self-custody wallet you control rather than leaving it on the exchange.
Compare venues in our independent exchange ratings. This is not financial advice.
What is apxUSD (APXUSD)?
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apxUSD (APXUSD) is a synthetic dollar from the Apyx protocol, over-collateralized by preferred equity that publicly-listed Digital Asset Treasury companies issue, positioned as what the project calls the first dividend-backed stablecoin.
What is apxUSD used for and how does it work?
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## How the dividend-backed design works
What is the market cap and rank of apxUSD?
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apxUSD has a market capitalization of $293.61M, ranking #125 among all cryptocurrencies, on 24-hour trading volume of $7.36M.
How many APXUSD are in circulation?
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There are 324,342,389 APXUSD in circulation, and apxUSD has no fixed maximum supply.
What is the all-time high of apxUSD?
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apxUSD reached an all-time high of $1.012 on Mar 12, 2026. It currently trades 11% below that level.
Is apxUSD a good investment?
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Simple Crypto Signal does not provide financial advice. The honest risk picture is dominated by the novelty of the collateral. Preferred shares of crypto-treasury companies are reflexively tied to digital-asset prices and equity-market liquidity, so the backing can weaken exactly when a peg is stressed. Counterparty, custody, redemption, and legal enforceability of those claims all matter. apxUSD suits DeFi users comfortable underwriting a new, structurally complex yield source, not those wanting the simplicity of a cash-and-treasuries stablecoin. As with all crypto, apxUSD is volatile and can lose value quickly — do your own research before investing.