Apyx is a dividend-backed stablecoin protocol on Ethereum and soon Solana that aims to offer users exposure to the DAT company yield. To achieve this, it features a native $apxUSD stablecoin that can be used across DeFi applications, and a yield-bearing token $apyUSD that delivers yield to its holders sourced from DAT company dividends.
According to the company's announcement on February 23, 2026, Apyx has raised a total of $3M across two funding rounds, with the Seed round valuation at $70M. The exact amount allocated to the Seed round and investors remains undisclosed.
3-year vesting