apxUSD vaults
About apxUSD
apxUSD is an overcollateralised USD stablecoin. It lost its peg in June 2026 after collateral volatility, trading well below $1.
Stablecoin price 1 apxUSD = $0.99
apxUSD is an overcollateralised USD-pegged stablecoin.
Depeg
apxUSD first slipped below peg in early June 2026 as a fall in BTC increased the volatility of its underlying collateral. The protocol initially described the deviation as expected behaviour for an overcollateralised system, but the discount deepened through June 2026, with apxUSD trading well below $1.
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vaults TVL $0 Avg. return --- Stablecoin-only Updated
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