Apyx Power User of the Day
🔴 0x36…d195 🔴
Over the past 24 hours, wallet 0x36…d195 deployed ~$11M into Apyx by using ~$17M worth of $BTC as collateral to participate in a sophisticated onchain strategy. 🤯
Rather than minting $apxUSD with $USDC, this user:
• Deposited $WBTC on Ethereum
• Borrowed against their bitcoin position
• Minted ~$11M of apxUSD
• Swapped it for apyUSD
• Deployed into
@pendle_fi PT + YT markets
For the first time ever, we’re witnessing bitcoin holders do something that was never before possible:
Maintain ownership of their digital capital, borrow against it onchain, and redeploy that liquidity into onchain digital credit yield backed by dividend-paying assets like $STRC and $SATA.
No selling. No giving up $BTC exposure.
Just bitcoin as collateral and onchain digital credit yield as cash flow.
This is what the next era of DeFi looks like, and it’s only getting started. 🚀
The user 👇