
apyUSD APYUSD
apyUSD (APYUSD) is a digital asset designed to make managing and transferring value simple and seamless. Securely store, send, receive, and manage your APYUSD with Hero Wallet while maintaining full control over your digital assets.
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Supported Networks
About apyUSD
apyUSD is a yield-bearing vault token issued by the Apyx protocol on Ethereum. It follows the ERC-4626 standard and wraps apxUSD, a USD-denominated stablecoin backed by preferred equity shares from Digital Asset Treasury companies and separately listed on CoinGecko. Users deposit apxUSD into the Apyx yield vault and receive apyUSD in return. The vault accumulates cash dividends paid by DAT preferred shares and distributes that income by increasing the apyUSD-to-apxUSD exchange rate over time. Holders earn yield passively without staking or manual claiming — the exchange rate appreciation mechanism works the same way as Maker's sDAI and Ethena's sUSDe. Both apxUSD and apyUSD are ERC-20 tokens on Ethereum. The protocol integrates with Pendle for yield tokenization and trading, and with Morpho for lending collateral. Custody for the underlying DAT preferred share collateral is provided by Anchorage Digital and BitGo.
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apyUSD wallet
FAQ
Everything you need to know about using apyUSD on Hero Wallet.
apyUSD is a digital asset that can be used to store, transfer, and manage value across its supported blockchain network.
You can securely store apyUSD in Hero Wallet while maintaining full control over your digital assets.
Yes. Hero Wallet allows you to securely send and receive apyUSD and manage your transactions from one convenient wallet.
apyUSD may be available across one or multiple blockchain networks. Always make sure you select the correct network when sending or receiving apyUSD.
To send apyUSD, select apyUSD in Hero Wallet, enter the recipient's wallet address and amount, review the transaction details, and confirm the transfer.
To receive apyUSD, select apyUSD in Hero Wallet, choose the appropriate network, and copy your wallet address to share with the sender.
Hero Wallet provides a simple and seamless way to store, send, receive, and manage apyUSD while giving you full control over your digital assets.
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