apyUSD APYUSD
Rank #183About apyUSD
apyUSD is a yield-bearing vault token issued by the Apyx protocol on Ethereum. It follows the ERC-4626 standard and wraps apxUSD, a USD-denominated stablecoin backed by preferred equity shares from Digital Asset Treasury companies and separately listed on CoinGecko. Users deposit apxUSD into the Apyx yield vault and receive apyUSD in return. The vault accumulates cash dividends paid by DAT preferred shares and distributes that income by increasing the apyUSD-to-apxUSD exchange rate over time. Holders earn yield passively without staking or manual claiming — the exchange rate appreciation mechanism works the same way as Maker's sDAI and Ethena's sUSDe. Both apxUSD and apyUSD are ERC-20 tokens on Ethereum. The protocol integrates with Pendle for yield tokenization and trading, and with Morpho for lending collateral. Custody for the underlying DAT preferred share collateral is provided by Anchorage Digital and BitGo.
apyUSD FAQ
What is apyUSD?
apyUSD is a yield-bearing vault token issued by the Apyx protocol on Ethereum. It follows the ERC-4626 standard and wraps apxUSD, a USD-denominated stablecoin backed by preferred equity shares from Digital Asset Treasury companies and separately listed on CoinGecko. Users deposit apxUSD into the Apyx yield vault and receive apyUSD in return. The vault accumulates…
What is the current price of apyUSD?
The live price of apyUSD (APYUSD) is $1.36, with a 24-hour change of -0.27%. Prices on this page update automatically about once a minute using CoinGecko market data.
What is the market cap of apyUSD?
apyUSD currently has a market capitalization of $180.53M, ranking #183 by market cap. Market cap is the coin price multiplied by its circulating supply and is a common way to compare the relative size of crypto assets.
Is apyUSD a good investment?
CryptoWatchHub provides market data and educational content only — not financial advice. apyUSD, like all crypto assets, is highly volatile and you can lose your entire investment. Always do your own research and consider consulting a licensed financial advisor before investing.
More on apyUSD
Convert APYUSD to USD
Live two-way calculator and conversion tables
APYUSD in 59 currencies
Euros, pounds, yen and more — plus gold and silver
Where it sits in the market
The whole market as one picture, sized by market cap
Compare exchange fees
What a trade actually costs on ten major venues
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