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Apyx Airdrop: tasks and status
Apyx is a stablecoin protocol on Ethereum that issues apxUSD and apyUSD. You earn Pips points by holding, committing or locking these stablecoins, or by providing liquidity on Curve or Pendle. The program offers different multipliers based on your activity, with some strategies earning significantly more points than others.
About the project
What Apyx is
Apyx is a stablecoin protocol on Ethereum. It issues two dollar-backed tokens: apxUSD, a non-yielding stablecoin that provides liquidity, and apyUSD, a yield-bearing stablecoin that earns value from dividends on the preferred shares backing the system. APYX is the native governance token.
The protocol raised $3M and is backed by DeFi Development Corp.
How the Pips points program works
You earn Pips points by interacting with Apyx stablecoins. Different activities offer different multipliers. Holding apxUSD gives a 10x multiplier. Committing apxUSD gives 20x. Locking apxUSD to receive apyUSD gives 1x. Providing liquidity on Curve with apxUSD/USDC and committing the LP tokens gives 12x. Providing Curve liquidity with apxUSD/apyUSD gives 6x.
More advanced strategies offer higher multipliers. Providing Pendle liquidity with apxUSD gives 24x. Pendle liquidity with apyUSD gives 11x. Holding Pendle yield tokens (YT-apxUSD) gives 32x.
As of September 2026, there is a limited-time boost: a 24x Pips multiplier active until 12 October, and apyUSD earns 3.5% APY.
What it takes
The estimated cost is about $30 and the time about 5 minutes to begin. You need a wallet on Ethereum and USDC to swap for apxUSD or apyUSD.
The program suits people who want to hold stablecoins and earn on them. Liquidity provision requires more skill and carries higher risk. Choosing a strategy depends on how much time you wish to spend and your comfort with DeFi platforms like Curve and Pendle.
What to watch for
The airdrop has been confirmed but details may change. Multipliers and boost periods are temporary. Rewards depend on how much you deposit and for how long you participate. Liquidity provision on external platforms exposes you to those platforms' risks and to impermanent loss.
Funding
$3M raised · 1 investors
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DeFi Development Corp.
Step-by-step checklist
- 01 Apyx Pips Campaign - Point Farming Starts 27 Feb 2026 Open
These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.
Risks and what to watch for
- Rewards are not guaranteed and the program rules can change at any time.
- Smart contracts can contain bugs; funds placed in protocols or liquidity pools can be lost.
- Providing liquidity on Curve or Pendle carries the risk of impermanent loss if asset prices move.
- The airdrop distribution and terms have not been published in full; the reward size is unknown.
Frequently asked questions
What does the Apyx program cost?
The estimated cost is about $30. You swap USDC for Apyx stablecoins on their website. There is no sign-up fee.
How do I earn the most Pips?
Holding YT-apxUSD (Pendle yield tokens) offers the highest multiplier at 32x. Providing Pendle liquidity with apxUSD gives 24x. Both require knowledge of these platforms.
Is there a time limit on the boost?
Yes. As of September 2026, the 24x Pips multiplier for apyUSD is active until 12 October. Other multipliers have no stated end date, but the program can change.
Is the airdrop reward guaranteed?
No. The airdrop has been confirmed but the distribution terms and reward amounts have not been published.
Which network is this on?
Apyx runs on Ethereum. Liquidity can be provided on Curve and Pendle, which also operate on Ethereum.