apyUSD APYUSD
Rank #418$1.35
-0.18%
CoinGecko · just now
apyUSD Statistics
- Market Cap
- $54.23M
- 24h Volume
- $121,085
- 24h High
- $1.35
- 24h Low
- $1.33
- Circulating Supply
- 40,220,391.988 APYUSD
- Max Supply
- Unlimited
- All-Time High
- $1.52
- All-Time Low
- $1.31
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.
Frequently Asked Questions about apyUSD
What is apyUSD (APYUSD)?
apyUSD (APYUSD) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $54.23M, making it one of the notable digital assets in the crypto market.
What is the current price of apyUSD?
The current price of apyUSD (APYUSD) is $1.35. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy apyUSD?
You can buy apyUSD (APYUSD) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is apyUSD a good investment?
Whether apyUSD is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
