apyUSD Yield Vault

Deposit USDC, USDT, or apxUSD and receive apyUSD – a yield-bearing vault token built by Apyx. Apyx is the first Dividend-Backed Stablecoin (DBS) protocol backed by variable rate perpetual preferred stock such as STRC issued by Strategy (MSTR). Apyx is currently live on Ethereum and Base. Yield is generated from Apyx's underlying collateral stack and distributed via on-chain governed parameters. Important: withdrawals follow an asynchronous unlocking model (ERC-7540). To exit, submit an unlock request and wait approximately 20 days, then claim your apxUSD. Only one pending redemption may be active at a time – adding to an existing request resets the cooldown. During the cooldown period no yield accrues on pending redemptions.