Apyx

1 review, positive.100% positive · 1 review· Influence factor 29, above 6% of accounts

The record

From 1 activities · May 2026

A DeFi stablecoin project operating primarily on Ethereum and Base with connections to Solana. They aim to make stablecoins profitable by offering high APY through DATs, with a core mechanism where users lock apxUSD in vaults and receive wrapped apyUSD with a 30-day cooldown.

What people say

Received · 1 Given · 0

“An interesting DeFi concept.”This project is from the stablecoin niche. It's essentially DeFi, connected to Solana, but mainly operates on Ethereum and Base. Base itself has already [reposted](https://x.com/apyx_fi/status/2044785204779434330) them. The main feature of Apyx is that they aim to make stablecoins profitable and offer high APY. The APY, as I understand it, comes from DATs. In simple terms about the concept: A user buys apxUSD, locks it in a vault, receives wrapped apyUSD with a 30-day cooldown. These users receive a proportional share of the income from TradFi custody (dividends paid by DATs), and these dividends go toward proportional rewards for lockers, which is reflected as APY. They received a $3 million strategic fundraise from a fund that came from Web2 and completely shifted its focus to Web3 (previously, as far as I know, the fund invested in real estate). Regarding future investments, they have a clear position: they have rejected VC backing in their statements. The user base is growing slowly but steadily. A small DeFi project focused on yield, without unnecessary hype.

ZET · 1537· 5mo ago5

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