 APO                        APO
                    
                        APO                        APO
                    
                
            APO
                    0.1651
                        $
                    
                            
                            1.08 %                        
                        Change 24h
                    Market Cap
                $ 162,208
            Volume 24h
                $ 6820.3
            Circulating Supply
                980,445
            Total Supply
                200,000,000
            APO
                            
                        $
                        | # | Exchange | Pair | Price | Volume 24h | 
|---|
Description
	        Apollon is a decentralized debt protocol developed by BLKSWN PTE. LTD., enabling the creation and management of synthetic assets (aAssets) backed by overcollateralized vaults.
Users can lock selected ERC-20 tokens as collateral and issue aAssets such as aUSD, aNVDA, or aTSLA. The protocol maintains a minimum individual collateralization ratio (IMCR) of min. 110%, enforced by smart contracts. aAssets are freely transferable and are burned upon repayment of debt.
The protocol includes a liquidation mechanism based on a redistributive logic to handle undercollateralized positions. The aUSD stablecoin is redeemable for collateral at face value, helping to maintain its peg.
Apollon integrates the decentralized Pyth Network for real-time price oracles. The system also includes automated swap functionality via an integrated DEX, allowing users to open long or short positions and provide liquidity while automatically managing associated debts.