About 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.
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Trading Insights
Market Stats
Market Cap
S$46.77M
6.71%
FDV
Not enough data
Circ. Supply
27M APYUSD
Max Supply
Not enough data
Total Supply
27M APYUSD
Diluted Valuation
S$46.64M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
S$147.66K
195.88%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Not enough data
Additional details
Market details
APYUSD vs markets
↗ 16.56%
APYUSD vs BTC
↗ 22.78%
APYUSD vs ETH
↘ 7.09%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x38EEb52F0771140d10c4E9A9a72349A329Fe8a6A |
Price history
Time | Price | Change |
|---|---|---|
Today | S$1.73 | |
1 Day | S$1.72 | |
1 Week | S$1.73 | |
1 Month | S$1.72 | |
1 Year | S$1.72 |
FAQ
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Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
apyUSD calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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