DeFi yield protocol Pendle (PENDLE) announced via X that it has launched Apyx's synthetic dollar apxUSD pool on the BNB Chain. apxUSD is issued with Strive's SATA preferred shares and Strategy's STRC preferred shares as underlying assets, and its maturity is November 2026. apxUSD is traded by being split into Principal Tokens (PT) and Yield Tokens (YT). By purchasing PT, a fixed yield (currently exceeding STRC's 13% annual dividend rate) can be secured, and YT provides leveraged exposure to Apyx Season 2 points.
