Apyx Launches Version 2.0 to Redesign the Capitalization Framework

KuCoinFlash

Release Time: 06/16/2026 00:33:31

Summary

Apyx 2.0 is now live, providing a market update to stabilize apxUSD following a recent decline. During the event, apxUSD dropped to $0.90 due to STRC’s downturn, but the protocol remained solvent with no bad debt. Apyx 2.0 introduces redemption value and total collateral value to prevent arbitrage. A new RFQ system and 2% NAV deviation alerts are also included. Traders are advised to monitor key altcoins as the market absorbs these changes.

Odaily Planet Daily reports that, according to official announcements from Apyx, during the recent Bitcoin price decline, STRC hit its historical maximum drop, causing apxUSD to fall to $0.90 on secondary markets. Throughout the event, the protocol remained solvent, and no bad debts were generated in the Morpho lending market.

In response to issues exposed during this stress test—such as inaccurate overnight liquidity and net asset value (NAV) display—Apyx is officially launching Apyx 2.0. This version introduces two separate metrics: redemption value and total collateral value, eliminating the first-mover arbitrage opportunity inherent in NAV-based redemptions.

In addition, Apyx 2.0 will launch a new RFQ redemption system, allowing approved counterparties to bid for redemption executions against the reserves. The official also commits that, in the future, if apxUSD deviates from its NAV by more than 2%, a public status update will be issued within two hours.

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