apxUSD is a yield-bearing synthetic USD token issued by APYX (formerly Yield Guild Games), deployed on Base at address 0x98a878b1cd98131b271883b390674665. The token is designed to maintain a 1:1 peg to the US dollar while distributing embedded yield to holders, functioning as a yield-bearing stable asset within the APYX ecosystem.
On-chain activity shows apxUSD is actively utilized in Pendle’s yield-tokenization markets, with two active positions maturing in June and November 2026. These markets report implied annualized yields between 11.1% and 11.9%, supporting over $26 million in combined TVL, and are primarily leveraged by the "APYX Pips" yield program. Current on-chain metadata for decimals and USD price remains untracked, but the token’s structure aligns with synthetic stablecoins that tokenize DeFi or real-world yield streams.