How to Buy

General users can acquire apxUSD & aplUSD on the secondary market.

Using the Apyx Swap tab, general users can acquire apxUSD by swapping USDC through the Curve apxUSD/USDC:

1. Users initiate a purchase in the dApp interface by selecting USDC as the input asset.
2. The transaction is executed with MEV protection and routed via Li.Fi.
3. 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 involves burning to receive USDC. Redemption does not entitle the holder to the underlying preferred shares; the protocol liquidates collateral positions as needed to fund USDC redemption settlement.

Users interested in aptUSD can easily route from USDC through alqUSD to aptUSD via the Apyx swap tool in one seamless click.