TL;DR: Apyx is the first dividend-backed stablecoin protocol, turning preferred equity from Digital Asset Treasuries into programmable onchain yield. With LI.FI, users can now swap any token on any chain directly into apxUSD or apyUSD in a single transaction.

Every stablecoin makes a bet about where yield should come from.

Most bet on T-bills. A few bet on delta-neutral strategies. Some still bet on idle fiat sitting in a bank account, collecting spread that goes to the issuer instead of the user.

Apyx is making a different bet — one that nobody else in stablecoin land is making yet.

A New Kind of Collateral

Apyx is the first Dividend-Backed Stablecoin (DBS) protocol, built around preferred equity issued by Digital Asset Treasuries like Strategy (MSTR). Instead of fiat reserves or synthetic positions, Apyx's assets are backed by dividend-bearing preferred shares — transforming real corporate cash flows into programmable onchain yield.

The protocol ships with two core assets:

• apxUSD — a synthetic dollar overcollateralized by preferred stock. Stable, overcollateralized, onchain.

• apyUSD — a yield-bearing savings asset that accrues dividends from the preferred shares backing apxUSD. Designed to deliver double-digit yields at scale, without the complexity of traditional DeFi yield strategies.

The thesis has attracted serious capital on the backer side: Galaxy Digital, Susquehanna, MEV Capital, Bitcoin Suisse, Auros, and Deus X Capital. Apyx is also live on Pendle, giving users additional paths to trade and compose their yield.

But having the right collateral is only half the problem.

The Distribution Problem

Building a new stablecoin is hard. Getting users into it is harder.

Apyx's assets live on Ethereum. The users who want double-digit yield live everywhere else — holding ETH on Arbitrum, USDC on Base, SOL on Solana, or whatever else reflects where capital actually sits in 2026. Every bridge, every extra wallet interaction, every "switch network" popup is friction that kills conversion before a user ever sees their first dividend.

This is the same pattern we've seen across every yield protocol that's tried to scale. The strategy works. The infrastructure is sound. The onramp is broken.

Apyx needed a way to let anyone, on any chain, access apxUSD and apyUSD in a single seamless flow — without rebuilding cross-chain infrastructure from scratch.

Enter LI.FI

LI.FI is the universal liquidity layer powering 1000+ integrations, including MetaMask, Phantom, Ledger, Binance Web3, and Robinhood. Under the hood: 20+ bridges, 30+ DEX aggregators, 60+ chains, all accessible through a single API and embeddable Widget.

Apyx embedded the LI.FI Widget directly into their interface — customized with Buy/Sell labels to match the product experience. Users swap any token, from any supported chain, directly into apxUSD or apyUSD in one transaction.

No manual bridging. No separate swaps. No chain-hopping. Select your chain, select your token, arrive in yield.

What It Looks Like in Practice

A user holding ETH on Arbitrum wants exposure to Apyx's yield:

1. They open Apyx, click Buy apyUSD

2. LI.FI's routing engine finds the best path — bridge and swap combined

3. The user signs once

4. apyUSD lands in their wallet, already earning dividends

The same flow works from Solana, Base, Optimism, BNB Chain, or any other supported network. LI.FI handles the complexity invisibly.

What's Next

The partnership is expanding on two fronts:

Jumper Earn. Apyx yield opportunities will soon be surfaced on Jumper.exchange, LI.FI's consumer-facing frontend with 250,000+ users, through Jumper Earn. This puts Apyx directly in front of active DeFi users who are already shopping for yield — the highest-intent audience in the ecosystem.

Solana support. Apyx is expanding to Solana, and when it goes live, LI.FI's existing Solana routing will make apxUSD and apyUSD instantly accessible to the entire Solana ecosystem from day one. No cold start. No liquidity bootstrap problem. Just a working onramp on the day the asset ships.

TradFi Yield, DeFi Rails

The macro thesis behind Apyx is what makes this interesting beyond just another stablecoin launch.

Digital Asset Treasuries are accumulating billions in Bitcoin and issuing preferred equity to fund it. Those preferred shares generate real dividend income — the kind of cash flow that typically sits locked inside brokerage accounts and institutional portfolios. Apyx captures that income and converts it into programmable onchain dollars.

LI.FI makes those dollars accessible to anyone, anywhere, on any chain.

Together, that's a bridge between Wall Street capital structures and open DeFi — without asking users to care about how any of it works under the hood. The best infrastructure is always the kind you don't have to think about.

Try it now: apyx.fi

Integrate LI.FI: docs.li.fi

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