apxUSD (APXUSD) Price
APXUSD RANK #125The price of apxUSD (APXUSD) is calculated in real-time by aggregating the latest data across 7 exchanges and 36 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. apxUSD is a dividend-backed synthetic dollar protocol that converts off-chain dividend cash flows from Digital Asset Treasuries (DATs) into on-chain yield. apxUSD is a synthetic dollar designed for stability and liquidity across decentralized finance (DeFi) and centralized finance (CeFi). It is backed by over 100% collateral in preferred shares of Digital Asset Treasuries, which are companies holding digital assets and issuing monthly dividend-paying preferred stock. apxUSD serves as a liquidity layer, while its yield-bearing counterpart, apyUSD, captures the underlying dividend streams. The ecosystem scales by acquiring more preferred equity from DATs, increasing the collateral base and yield potential as the protocol grows.
