apxUSD Depeg Deepens To $0.80, DeFi Loans At Risk
apxUSD has slid to $0.80, down 20%, as its STRC and Strive collateral cracks. Here is what the depeg means for any wallet using it as DeFi collateral.
apxUSD has slid to $0.80, down 20%, as its STRC and Strive collateral cracks. Here is what the depeg means for any wallet using it as DeFi collateral.
Apyx’s apxUSD slipped to $0.93 as Bitcoin fell and STRC dipped below par. The protocol calls the depeg a feature. Here is the equity risk behind the yield.