{"id":"7618","name":"Apyx Protocol","address":null,"symbol":"-","url":"https://app.apyx.fi","referralUrl":"https://app.apyx.fi/join/3ve1q9l","description":"Apyx Protocol issues apxUSD, a synthetic dollar on Ethereum, and apyUSD, an ERC-4626 savings vault for apxUSD.","chain":"Ethereum","logo":"https://icons.llamao.fi/icons/protocols/apyx-protocol","audits":"0","gecko_id":null,"cmcId":null,"tags":["Onchain Equity"],"chains":["Ethereum"],"module":"dummy.js","twitter":"apyx_fi","dimensions":{"fees":"apyx-protocol"},"category":"RWA","tvlCodePath":null,"chainTvls":{"Ethereum":{"tvl":[],"tokensInUsd":[],"tokens":[]}},"tvl":[],"tokensInUsd":[],"tokens":[],"currentChainTvls":{},"raises":[{"date":1772064000,"name":"Apyx","round":null,"amount":null,"chains":["Ethereum"],"sector":"Apyx is a dividend-backed stablecoin protocol that brings off-chain digital credit yields on-chain. Its synthetic dollar, apxUSD, is backed by preferred shares issued by Digital Asset Treasuries (DATs), while yield accrues to apyUSD, a yield-bearing stablecoin backed by the same dividend streams. Using protocol-owned liquidity (POL), Apyx aims to provide a structured, RWA-backed alternative to traditional stablecoin yield models","category":"RWA","categoryGroup":"DeFi & CeFi","source":"","leadInvestors":["DeFi Dev Corp."],"otherInvestors":[],"valuation":null,"defillamaId":"7618"}],"hacks":[],"mcap":null}