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Flash Loan: apxUSD Depegs to $0.94, Bitcoin's Drop Causes Collateral Devaluation

BlockBeats News, June 4th, according to PeckShield monitoring, the stablecoin apxUSD (backed by STRC) launched by Apyx Finance plummeted to around $0.94, a 4.6% daily drop.

As Bitcoin (BTC) dropped to around $63,000, its collateral value shrunk, causing the stablecoin peg to deviate.

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On-Chain Activity

12min ago

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ConsenSys Former Ambassador Distributes 20,426 ETH to 10 New Addresses, Equivalent to $37.26 Million

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Ethereum Treasury Firm FG Nexus Transfers 10,000 ETH to Galaxy Digital

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24H Important News

2026-06-04

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「Stock God」 Serenity initiated positions in IBIT and ETHA at an average price of $62,000 and $1,750, respectively.

OPN Rallies Against the Market Trend, with a 110% Surge in the Last 24 Hours

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