Apyx

On-chain AUM$487.49m

Platform totals

Live assets2

Chains1

DeFi TVL$174.98m

DeFi TVL / AUM35.89%

Confirmed attestations2 / 2

Primary accessPermissionless (2)

Totals for filtered assets

$487.49m

$174.98m

Assets Rankings

1d7d1m

Name		Marketcap			DeFi			Flows
Name
Apyx2 assets		$487.49m	$487.49m	-0.89%	$174.98m	35.89%	-3.87%

About Apyx

Apyx offers a stablecoin backed by real-world assets and Treasury securities, combining yield generation with price stability. It enables institutional-grade stable settlement with underlying RWA collateral.

RWA Fiat StableRWA StablecoinsPermissionless

Website Docs

Profile

Founded: 2026
Primary chain: Ethereum
Parent platform: Apyx
Issuer: Apyx

Economics & revenue

Revenue confidenceReasoned Estimate

Fees last verified2026-07-09

Attestations & milestones

2026-06Apyx 2.0 announced after supply scaled to about 500 million, following a depeg to 90 cents during the largest ever STRC drawdown
2026-03BitGo added custodial support and first Wolf and Company monthly attestation
2026-02apxUSD launched on Ethereum with DeFi Development Corp strategic investment
2026-01seed round closed at a 70 million valuation

Revenue methodology & documents

apxUSD mint and redeem is whitelisted institutional only at 1 dollar with spreads and offchain execution expenses rather than a published fee. apyUSD early exit fees decline from 350 bps to 10 bps across the unlock window. Excess collateral yield above apyUSD payouts accrues to the overcollateralization buffer.

Issuer registry, regulation & leadership

Founders and leadership

Parker White — Founding Contributor, ex DFDV COO Joseph Onorati — Founding Contributor, DFDV CEO

Regulatory status

Apyx discloses no licenses or registrations in any jurisdiction. The protocol is made available by Preference Capital (BVI) Ltd. under BVI law with the US, EU, UK, and Canada prohibited. The only third party oversight is monthly examination level attestations by Wolf and Company P.C., a PCAOB registered audit firm, plus an Accountable proof of solvency dashboard.

Entity structure

The protocol is made available by Preference Capital (BVI) Ltd. with reserve assets in Strategy STRC and Strive SATA preferred stock plus cash held in accounts of an Apyx Foundation whose domicile is not disclosed. The team overlaps with Nasdaq listed DeFi Development Corp. Total capital raised was 3 million dollars despite headline valuations.

Issuer source