apxUSD APXUSD
Rank #145 by market cap
Last 7 days
CM Profile: apxUSD
Cryptominium Profile. What we have established, measured and written about APXUSD, and what we have not.
- Measured
- Selling $100,000 on Kraken's order book lost 98.91%, on 17 October 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold APXUSD. How each part is worked out
What changed
Week to 17 OctoberNothing we measure moved much this week: trading volume, reported supply and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell APXUSD
Selling $100,000 of APXUSD into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken APXUSD/USD | 98.9% | $1,092 | 2026-10-17 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps APXUSD on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What apxUSD is
apxUSD is a synthetic dollar token issued by Apyx, described as a "Dividend-Backed Stablecoin protocol." Apyx acquires preferred equity issued by Digital Asset Treasuries (DATs) — publicly-listed companies that hold digital assets on their balance sheets and issue preferred shares paying monthly cash dividends. The protocol holds these shares as collateral and converts the resulting dividend cash flows into onchain value.
apxUSD is collateralized at over 100% by DAT preferred shares and does not pay yield directly; it is meant to function as a liquidity token across DeFi and CeFi venues. A second token, apyUSD, is an ERC-4626 vault into which users lock apxUSD to capture yield from the dividend streams, appreciating in value relative to apxUSD as dividends accrue. Apyx states it manages collateral risk through daily NAV reporting, auto-rebalancing tied to issuer concentration and liquidity thresholds, stress testing against drawdown and rate-shock scenarios, and a protocol-owned liquidity buffer as added overcollateralization. DeFi Development Corp., identified as the first SOL Digital Asset Treasury, is named as a core strategic partner.
apxUSD is not a yield-bearing instrument itself — any dividend income flows to holders of apyUSD, not to apxUSD directly. Its peg depends on the solvency, liquidity, and dividend reliability of a small set of DAT preferred-share issuers, which is a different and less-tested risk profile than fiat or crypto-collateralized stablecoins carry. The "over 100% collateral" and overcollateralization-buffer claims come from the protocol's own reporting, not from an independent audit described here. It is tracked by CoinGecko as a USD stablecoin across Base, BNB Chain, Ethereum, and Solana ecosystems; no information on market capitalization, trading volume, or peg stability has been supplied here.
Where APXUSD lives
On Solana, a mint authority can create more of the token and a freeze authority can freeze it in a holder's account; both are read from the token itself, every day. On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
apxUSD data synced 4m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell APXUSD.