apyUSD (apyUSD) stablecoin analytics
Answer First
What is apyUSD?
apyUSD is the ERC-4626 yield-bearing wrapper of apxUSD, capturing dividends and preferred-equity yield from Apyx's Digital Asset Treasury collateral. The static profile records its apxUSD-denominated NAV accounting mechanism as: Users deposit apxUSD to mint apyUSD; cash dividends and preferred-equity yield accrue inside the vault, increasing apyUSD's exchange rate against apxUSD over time
Is apyUSD safe?
Pharos does not assess apyUSD as safe: it holds an F Safety Score grade (0/100) in the latest published rating, which flags significant structural risk. Static metadata says apyUSD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Wolf & Company, P.C. monthly AICPA attestation opinions (latest published report July 2026 as of 2026-09-04; the Accountable real-time dashboard runs on Apyx-deployed infrastructure and is treated as secondary, not independent assurance); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
apyUSD (apyUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg apxUSD-denominated NAV.
Variant Relationship
apyUSD (apyUSD) is modeled as a strategy vault variant of apxUSD (apxUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
apyUSD is a savings wrapper over apxUSD that turns Apyx's preferred-share collateral into a rising NAV. It is not a cash layer. The parent reserve stack is the interesting part: Digital Asset Treasury preferred equity and liquidity buffers sit underneath, which is a long way from a plain Treasury-bill stablecoin. In June 2026 that collateral thesis got its real-work moment and failed it: apxUSD followed Strategy's preferred stock below par and still trades under the dollar, so the wrapper's card is mostly...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- apxUSD deposited into the Apyx ERC-4626 yield vault; apxUSD itself is backed by preferred equity shares from Digital Asset Treasury companies and liquidity buffers
- Peg Mechanism
- Users deposit apxUSD to mint apyUSD; cash dividends and preferred-equity yield accrue inside the vault, increasing apyUSD's exchange rate against apxUSD over time
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- Independent Audit by Wolf & Company, P.C. monthly AICPA attestation opinions (latest published report July 2026 as of 2026-09-04; the Accountable real-time dashboard runs on Apyx-deployed infrastructure and is treated as secondary, not independent assurance) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety apyusd-apyx
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
apyUSD quick answers
What is apyUSD?
apyUSD is the ERC-4626 yield-bearing wrapper of apxUSD, capturing dividends and preferred-equity yield from Apyx's Digital Asset Treasury collateral. The static profile records its apxUSD-denominated NAV accounting mechanism as: Users deposit apxUSD to mint apyUSD; cash dividends and preferred-equity yield accrue inside the vault, increasing apyUSD's exchange rate against apxUSD over time
Is apyUSD safe?
Pharos does not assess apyUSD as safe: it holds an F Safety Score grade (0/100) in the latest published rating, which flags significant structural risk. Static metadata says apyUSD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Wolf & Company, P.C. monthly AICPA attestation opinions (latest published report July 2026 as of 2026-09-04; the Accountable real-time dashboard runs on Apyx-deployed infrastructure and is treated as secondary, not independent assurance); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs apyUSD?
Pharos classifies apyUSD backing as Real-World Asset Backed. Collateral, per the static profile: apxUSD deposited into the Apyx ERC-4626 yield vault; apxUSD itself is backed by preferred equity shares from Digital Asset Treasury companies and liquidity buffers Reserve evidence: Independent Audit from Wolf & Company, P.C. monthly AICPA attestation opinions (latest published report July 2026 as of 2026-09-04; the Accountable real-time dashboard runs on Apyx-deployed infrastructure and is treated as secondary, not independent assurance).
Can apyUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for apyUSD, when applicable, appear in the dossier below.
