How to Buy apxUSD
General users can acquire apxUSD on the secondary market
Using the Apyx Swap tab, general users can acquire apxUSD by swapping USDC through the Curve apxUSD/USDC pool:
Users initiate an apxUSD purchase in the dApp interface by selecting USDC as the input asset.
The transaction is executed with MEV protection and routed via Li.Fi.
This flow allows users to swap USDC without interacting directly with the protocol’s minting or collateral mechanics. Small imbalances may emerge in the onchain AMM pool over time, creating incentives for whitelisted participants to rebalance the market through the mint and redemption workflows described below.
Additionally, over time, users will be able to acquire apxUSD across a wide range of DeFi, CeFi, and TradFi venues.
Minting apxUSD involves sending approved assets, like USDC, to the Apyx protocol in exchange for newly issued apxUSD. Redeeming apxUSD involves burning apxUSD to receive the corresponding approved assets. Minting and redemption are available to whitelisted participants.
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