Total Tracked (incl. stablecoins)$352.4B
RWA Market Cap (ex-stablecoins)$49.85B
Stablecoins$298.56B
Tokenized Treasuries$9.46B
Tokenized Gold$5.9B
24h RWA Volume$1.71B
Treasury Token Yield vs SOFR-0.54%
LIVE
Discovery Hub
$0.9756
0.07% 24h
Rank #142

Apyx is the first Dividend-Backed Stablecoin protocol. It acquires preferred equity issued by Digital Asset Treasuries (DATs), which are publicly-listed companies that hold digital assets on their balance sheets and issue preferred shares paying monthly cash dividends. Apyx holds these preferred shares as collateral and converts the offchain dividend cash flows into onchain yield. The protocol has two tokens.

  • Macro context: APXUSD is part of the tokenized money market, which represents only ~0.290% of global M2 money supply today.

Data as of Sep 6, 2026

Price performance

7D

-1.52%

14D

-1.17%

30D

-0.84%

1Y

—

All-time

-2.42%

Market Cap

$302.09M

24h Volume

$972.86K

Best On-Chain APY

13.46%

On-Chain Holders

2.51K

Summed across all deployed chains (per-chain wallets not de-duplicated)

Underlying

Fiat / RWA-backed stablecoin

PermissionlessWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#142

Circulating Supply

309.63M

Total Supply

309.63M

All-Time High

$1.01 · 2026-03-12

Categories

StablecoinsUSD StablecoinBNB Chain EcosystemSolana EcosystemEthereum EcosystemBase Ecosystem

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Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.