Apyx

Apyx

2026-09-15 05:59:27

Apyx extends aptUSD boosted points campaign by four weeks

Dollar stablecoin protocol Apyx said on Sept. 15 that it has extended the boosted points campaign for aptUSD, with the promotion now set to end in four weeks. During the campaign, users who hold aptUSD can receive a 3.5% APY and 24x Pips through Oct. 12. Apyx also said rewards accrue automatically, participation carries zero fees, and users can exit at any time. Funds committed to the campaign can still be used across DeFi during the promotion. According to the announcement, aptUSD is backed by short-term U.S. Treasuries and cash equivalents, and its target yield tracks the lower bound of the federal funds rate. The token can be swapped via Apyx Swap, with no lock-up, no cooldown period, and no staking or unstaking fees.

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Apyx

2026-09-14 23:50:20

Apyx restarts aptUSD incentives with 3.5% APY and 24x Pips for holders

Apyx said on X that a new incentive campaign for aptUSD is now live and will run for four weeks. Under the program, users who hold aptUSD can receive a 3.5% APY backed by U.S. Treasuries and cash equivalents. The company also said holders can earn 24x Pips through Oct. 12. Apyx added that aptUSD yield accrues automatically, exits carry zero fees, and the asset’s liquidity can still be deployed in DeFi. The update outlines both the yield terms and the added points-based incentive available during the campaign window. No further details on eligibility or minimum holding requirements were disclosed in the announcement cited by Odaily.

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Strategy

2026-07-30 02:04:07

Strategy’s Falling Stretch Preferred Shares Put Apyx and Saturn’s DeFi Dollar Products Under Pressure

Strategy’s Stretch preferred shares, listed under the ticker STRC, have become a pressure point for two DeFi protocols that built yield products around the security. According to Forbes, Apyx and Saturn together manage nearly $490 million, with Artemis analyst Zheng Jie Lim estimating that about $267 million was directly exposed to Stretch as of July 21. The damage has already shown up in token pricing: Apyx’s synthetic dollar apxUSD briefly fell below $0.80 in late June before recovering to around $0.90 on Kraken and Curve, while Saturn’s yield-bearing sUSDat was worth roughly $0.90 USDat. The structure of both protocols relies heavily on Stretch as reserve collateral, leaving them vulnerable to further declines in the preferred stock. Market participants cited in the report said leverage loops on Morpho and yield-splitting on Pendle can magnify the stress, though some argued the products are not yet large enough to trigger a broader crypto contagion. The report also said Strategy has started selling Bitcoin and raising equity to shore up liquidity while Michael Saylor’s company revises the way it presents its mNAV metric.

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stablecoin

2026-06-04 16:52:24

Apyx Stablecoin apxUSD Briefly Depegs to $0.93, Protocol Cites Expected Volatility

On March 4, 2026, Apyx's stablecoin apxUSD briefly dropped to $0.93, a move the protocol characterized as an expected outcome of its dividend-backed collateral model, while holding approximately 288,888 STRC preferred shares with a 104% overcollateralization ratio.

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