The new token mirrors the up to 10% APY yield offered by staking APEX on Prime. It also lays the foundation for cross-chain interoperability.
This launch strengthens Cardano’s high-assurance, UTxO-based ecosystem. It also positions the network for broader participation in the multi-chain DeFi landscape through Apex Fusion, a protocol designed to bridge Cardano with EVM-compatible networks.
A Yield-Bearing, Cross-Chain Token
By creating cstAPEX entirely on Cardano, VyFinance highlights the network’s growing role in the interoperable Web3 economy. While the token currently operates on Cardano, plans are already in motion to extend it to EVM chains, effectively linking Cardano-native liquidity to the wider DeFi ecosystem. Christopher Greenwood, COO of the Apex Fusion Foundation, emphasized the significance of the collaboration: “Together, we’re creating a pathway for Cardano-native liquidity to flow across global DeFi, from UTxO-based execution to the broader EVM landscape.”
Join us for a deep dive into the latest development between Apex Fusion and @VyFiOfficial exploring how it strengthens the network and expands the ecosystem.
📅 Thursday, Oct 23th, 7PM CET / 5PM UTC https://t.co/QbMaUz5nvH
— Apex Fusion (@ApexFusion) October 22, 2025
cstAPEX is designed to offer users both staking returns and future interoperability. Cardano users can earn up to 10% APY, replicating APEX’s yield on Prime, while the token’s architecture allows it to integrate into EVM-based applications later. This makes cstAPEX a composable DeFi instrument, ready for a multi-chain environment.
Bridging Cardano with the Wider DeFi World
Steven, CEO of VyFinance, explained the motivation behind the launch: “Cardano’s DeFi protocols have built strong fundamentals — stability, security, and yield. cstAPEX takes those strengths to the next level. It’s about turbocharging Cardano’s DeFi and preparing it for global, multi-chain participation.” Currently, APEX liquidity on VyFinance totals nearly $1 million, with pools yielding around 35% APR. cstAPEX extends this foundation, creating a yield-bearing asset that aligns with Apex Fusion’s liquid staking model and long-term vision for cross-chain participation.
Big things are on the horizon for VyFi 🎉
The Plutus V3 upgrade isn’t just another milestone, it’s a complete transformation for Cardano DeFi.
Faster. Smarter. More interoperable.
Built for builders, traders, and innovators across ecosystems.
This is VyFi stepping into a new… pic.twitter.com/iCpyID1Lad
— VyFinance | Cardano DeFi (@VyFiOfficial) October 15, 2025
So, the launch of cstAPEX highlights a broader trend of multi-chain interoperability in decentralized finance. While Cardano’s UTxO model offers precision and security, it has historically been separated from Ethereum-based liquidity. Also, by introducing a token that can flow between Cardano and EVM-compatible networks, VyFinance is opening new avenues for developers, traders, and investors.
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