We’re thrilled to announce that APXUSD is out there for buying and selling on Kraken!
Funding and buying and selling
APXUSD buying and selling is reside as of April 20, 2026.
So as to add an asset to your Kraken account, navigate to Funding, choose the asset you’re after, and hit ‘Deposit’.
Ensure to deposit your tokens into networks supported by Kraken. Deposits made utilizing different networks might be misplaced.
Right here’s some extra details about this asset:
apxUSD (APXUSD)
apxUSD (APXUSD) is an artificial greenback issued by Apyx, an over-collateralized stablecoin backed by a diversified basket of variable-rate most popular shares issued by Digital Asset Treasury (DAT) corporations. Apyx describes apxUSD as the primary dividend-backed stablecoin, designed to keep up a 1:1 peg via a mixture of preferred-share price-stabilization dynamics, an over-collateralized issuance framework, cross-market arbitrage, and derivative-based tail hedging.
apxUSD is meant to be used as each collateral and a quote asset throughout DeFi and CeFi. Apyx operates a two-token mannequin: apxUSD is the non-yield-bearing steady asset, whereas a separate financial savings token (apyUSD) captures dividend revenue generated by the underlying most popular shares. Minting and redemption are restricted to licensed institutional individuals, with redemptions settled in USDC relatively than the underlying most popular fairness.
Please observe:
- Buying and selling through Kraken App and Prompt Purchase might be accessible as soon as the liquidity circumstances are met (when a enough variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).
- Geographic restrictions could apply
Will Kraken make extra property accessible?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s accessible tokens could be discovered right here, and all future tokens might be introduced on our Listings Roadmap and social media profiles. Our shopper engagement specialists can not reply any questions on which property we could also be making accessible sooner or later.
