Apyx$APYX
A dividend-backed stablecoin: apyUSD yields ~8% APY from real preferred-equity dividends, not token emissions.
Source: CryptoRankOverview
data from CryptoRankOpen on CryptoRankEcosystems
Tasks
0/1 done- Apyx Pips Campaign. Point FarmingOpenFrom Feb 27, 2026MainnetLiquidityHold
Apyx announcedthe launch of the first era of its point farming campaign. You can interact with their secured stablecoin apxUSD and provide liquidity to earn Pips points and receive returns.
Update 15 September 2026
Apyx has announced the return of the $aptUSD campaign and the extension of the points boost. You can exchange assets for $aptUSD and hold it to earn yield and accumulate points with an increased multiplier
24x Pips multiplier until 12 October3.5% APYHold apxUSD : holding the gives a multiplier of 10x PipsCommit apxUSD : committing the stablecoin gives a multiplier of 20x PipsLock apxUSD : locking apxUSD to receive apyUSD gives a multiplier of 1x PipsCurve LP apxUSD/USDC : providing liquidity on Curve with subsequent committing of LP tokens gives a multiplier of 12x PipsCurve LP apxUSD/apyUSD: providing liquidity on Curve with subsequent committing of LP tokens gives a multiplier of 6x PipsPendle LP apxUSD : providing liquidity in the apxUSD Pendle gives a multiplier of 24x PipsPendle LP apyUSD : providing liquidity in the apyUSD Pendle gives a multiplier of 11x PipsHold YT-apxUSD : holding YT-apxUSD tokens gives a multiplier of 32x Pips1Go to the websiteand connect your wallet2Open the "Swap" sectionand exchange $USDC for $apyUSD or $apxUSD.3In the Rewards section, you can transfer the $apxUSD token to the protocol or provide liquidity on Curve in the $apxUSD/$USDC pair, thereby receiving a boost to the Pips points you earn.
Our take on Apyx
Apyx is a two-token stablecoin protocol launched on Ethereum mainnet in February 2026, backed by the team behind DeFi Development Corp (Nasdaq: DFDV). Its non-yield-bearing apxUSD is a plain synthetic dollar for liquidity/collateral, while its yield-bearing apyUSD accrues value from preferred-equity dividends of publicly traded digital-asset treasury companies (such as Strategy's STRC instrument), delivering a reported ~8% APY as of March 2026. The project raised a $4M seed in September 2023 co-led by ParaFi Capital and Pantera Capital (with Kraken Ventures, Wintermute Ventures, GSR and others), then closed a later strategic round valuing it at $300M, led by DeFi Development Corp itself.
Risks to consider
- Yield is ultimately sourced from dividends on preferred equity in publicly traded companies — this ties apyUSD's return to traditional-market and single-company risk, not just crypto-native risk.
- No token exchange listings were confirmed at time of review — the APYX governance token exists via the 'Apyx Pips Campaign' points program, with allocation details not independently verified here.
- A strategic investor (DeFi Development Corp) also led the valuation round — worth noting the overlap between backer and valuer when assessing the $300M figure.
Notes on the steps
- Among the more unusual designs in this list: yield is explicitly decoupled from crypto-native emissions and tied to real corporate dividends — different risk profile than typical DeFi farms.
- Expanded to Base (via Chainlink CCIP) in March 2024 before its Ethereum mainnet launch — multi-chain intent was established early.
Reviewed October 5, 2026
Apyx airdrop: frequently asked questions
Is the Apyx airdrop confirmed?
Apyx is currently listed as Potential.
Which blockchain does Apyx use?
Apyx is listed on Ethereum.
Has Apyx launched a token yet?
Apyx is listed on CryptoRank at the funding stage, which usually comes before a token launch. Status can change, so check the official channels.
How do I participate in the Apyx airdrop?
The guide above lists 1 step to follow.
The official website could not be verified. No contract address is published. No public audit was found. There are too few completed checks to assign a risk level. Checked on October 6, 2026.
Too few checks have been completed to give this project a risk level.
Show all scoring rules
- Flagged by Google Safe Browsing0
- Domain imitates a known project0
- Asks for a token approval, not a signature0
- Domain registered less than 30 days ago0
- Official links do not reference each other0
- Domain registered less than 6 months ago0
- No public audit found+1
- Team is anonymous0
- Contract source is not verified on the explorer0
Automated assessment based on public data. It is not financial advice. Always check the official sources before connecting a wallet.
Status history
- September 19, 2026 · Added to Droply
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