Airdrop guide
Apyx airdrop step by step tutorial
The Apyx airdrop is a points campaign in which Pips earned through the Apyx app are meant to turn into APYX tokens, and as of 28 October 2026 Season 2 is live while Season 1 is marked final. The project's blog names 13 October 2026 for the token launch, but the site does not show whether claiming has opened. Taking part means connecting a wallet and committing apxUSD, locking it for apyUSD, or using lending and Pendle positions.
Live · checked 28 October 2026
As of 28 October 2026, the Apyx rewards site marks Season 1 as final and Season 2 as live, and the app still invites users to commit apxUSD to earn Pips. The project's blog says Pips become an APYX airdrop, with 6% of supply set for Season 2 and a token generation event on 13 October 2026, and the site does not show whether claiming has opened.
Apyx Season 2 is live as of 28 October 2026: commit apxUSD or hold apyUSD to earn Pips, which the project says become an APYX airdrop.
What is Apyx?
Apyx is a dollar-stablecoin protocol built around apxUSD, a synthetic dollar backed by a basket of variable-rate preferred shares issued by Digital Asset Treasuries. The project presents its yield as coming from public balance sheets instead of opaque trading strategies, and describes apxUSD as something meant to serve as collateral and a quote asset across DeFi and CeFi.
Holders can lock apxUSD to receive apyUSD, a vault token whose exchange rate rises as dividends from the underlying preferred equity accrue. A third product, aptUSD, is a dollar backed by Treasuries and cash equivalents that earns yield while held, with no lock.
Apyx also plans a governance token, APYX, whose total supply is capped at 100,000,000. The project says it raised no money from venture capital firms.
How Apyx works
Apyx issues apxUSD, and only whitelisted participants in permitted jurisdictions, such as institutional market makers, mint and redeem it. Redemptions settle in USDC rather than in the preferred shares behind the token. Everyone else buys apxUSD from external liquidity pools and swaps. Turning apxUSD into apyUSD through a lock happens at once, whereas going back to apxUSD waits at least 3 days and is supported only on Ethereum.
Pips are Apyx's points, earned across short seasons. A position's Pips are its dollar value scaled by a multiplier. Season 1 set aside 5,000,000 APYX, or 5% of supply, for its participants. Season 1 Pips count toward Season 2, which is set at 6% of supply, and balances kept deployed through the change earn a loyalty boost of up to 20%. Commitments stay in place across the season change, and a 14-day unlock applies.
According to the project's blog, the airdrop from Pips becomes claimable at the APYX token generation event, which also starts APYX staking. The same post names 13 October 2026 for that event and also says the project is not ready to share exact timing. The site does not show whether claiming has opened as of 28 October 2026.
The APYX airdrop
Pips earned by committing, locking or lending apxUSD, and by related Pendle positions, are meant to be paid out in APYX, a token whose total supply is set at 100,000,000. Season 1 set aside 5,000,000 APYX, and Season 2 is set at 6% of supply. Your Pips equal the USD value of an eligible position times its multiplier. The blog names 13 October 2026 for the token launch while also saying exact timing is not ready, and the site does not show whether claiming has opened.
Step by step: how to get the APYX airdrop
Stay safe: a real airdrop never asks for your seed phrase or private key. Use only the official links on this page, and treat any message that offers help with a claim as a scam.
Step 1: Connect a wallet in the Apyx app
Open the Apyx app and connect the wallet you want to use; the app treats the wallet as your account and says you keep full custody. The app also displays a regional availability notice reading "Apyx App is not available in your region."
Step 2: Get apxUSD
Acquire apxUSD through the app's swap page. Ordinary users buy it from external liquidity pools and swaps, since minting is limited to whitelisted participants.
Step 3: Commit apxUSD to earn Pips
Use the commit option so your balance earns Pips at the active multiplier. The balance stays committed until you unlock it, and a 14-day unlock has applied to commitments.
Step 4: Add other Pips-earning positions
You can lock apxUSD for apyUSD on the earn page, or supply apxUSD to Morpho markets from the lending tab, which the app describes as having no lockup. Pendle positions also earn Pips.
Step 5: Track your Pips on the rewards page
Check your balance and rank on the rewards page, which shows Season 2 as live and Season 1 as final.
Apyx airdrop FAQ
Is the Apyx airdrop still live?
- Yes. As of 28 October 2026, the Apyx rewards site marks Season 2 as live and Season 1 as final, and the app still invites users to commit apxUSD to earn Pips. The project's blog says 6% of the APYX supply is set aside for Season 2.
Does Apyx have a token?
- Yes. The project's blog describes APYX as a governance token whose total supply is set at 100,000,000. Season 1 set aside 5,000,000 APYX and Season 2 is set at 6% of supply. The blog says the airdrop from Pips becomes claimable at the token generation event, which it places on 13 October 2026 while also saying it is not ready to share exact timing. The site does not show whether claiming has opened.
What does it cost to join the Apyx airdrop?
- Joining means putting your own assets into positions rather than paying a fee: Pips come from positions in apxUSD, apyUSD and related Pendle and Morpho markets. A 14-day unlock applies to commitments, while the Morpho lending options are described as having no lockup and no staking fee.
Does the Apyx airdrop need KYC?
- The Apyx app starts with a wallet connection, and the project's Pips announcements mention no identity check for earning Pips. Only whitelisted participants, such as institutional market makers, can mint and redeem apxUSD directly. Every app page also opens with the notice "Apyx App is not available in your region."
How are Apyx Pips calculated?
- A Pip is a point, worth the dollar value of an eligible position times that position's multiplier. Balances held since Season 1 earn up to a 20% boost on Season 2 Pips, and Season 1 Pips count toward Season 2.
Sources for this listing
- 01Apyxapp.apyx.fi · read 28 October 2026
- 02Earn: Apyxapp.apyx.fi · read 28 October 2026
- 03Rewards: Apyxapp.apyx.fi · read 28 October 2026
- 04apxUSD: Apyx Docsdocs.apyx.fi · read 28 October 2026
- 05The APYX Airdrop & Start of Season 2: What You Should Knowblog.apyx.fi · read 28 October 2026
- 06Season 1 Overview: Apyx Pips, Multipliers, & Future Airdrop Allocationblog.apyx.fi · read 28 October 2026
