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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 👇
etherscan.io/address/0x36cd…

I add the meme not to be kind but to fuck the shitcoiners

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🫡

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memes are life and life is a meme

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10 sats \ 0 replies \ @6404e30b28 12 May -30 sats

This either ends up as the future of DeFi or a legendary liquidation thread. No in-between.