AAPLx — Apple tokenized stock yield
AAPLx is the xStocks token that tracks Apple on Solana, and it currently pays through 4 of the five channels this page tracks. The headline is the delta-neutral funding position — hold AAPLx spot, short the AAPL perp on Hyperliquid — currently negative after fees (-3.38%) — not a trade today, and this page says so rather than hiding the row. Lending it on Kamino pays +0.00% plus xPoints. The AAPLx/TREE pool on Raydium earned +1258.87% in fees over the last seven days on $178.29K of liquidity. Underneath it all, Apple pays a +0.25% dividend, which xStocks reinvests as more tokens.
The funding leg
Earning on AAPL — without the price risk.
The position: buy AAPLx here (spot, in your own wallet), short the same size of AAPL perp on Hyperliquid. The stock's moves cancel between the two legs; what is left is the funding the short collects — plus the dividend the spot side keeps reinvesting. Right now that nets -3.38%annualized after both venues' taker fees at a seven-day hold, and the round-trip fees are earned back in about 11.3d.
| Venue | Funding / period | 8h basis | Annualized | Open interest |
|---|---|---|---|---|
 Hyperliquidthe short leg | +0.0006%every 1h | +0.0050% | +5.5% | $84.00M |
 Polymarket | +0.0006%every 1h | +0.0050% | +5.5% | $237.97K |
 Lighter | +0.0004%every 1h | +0.0032% | +3.5% | $545.03K |
 Nado | +0.0003%every 1h | +0.0024% | +2.7% | $556.44K |
 Aster | +0.0000%every 8h | +0.0000% | +0.0% | $157.40K |
 Binance | +0.0000%every 8h | +0.0000% | +0.0% | $26.04M |
 Bitget | +0.0000%every 8h | +0.0000% | +0.0% | $6.54M |
 Bybit | +0.0000%every 8h | +0.0000% | +0.0% | $6.50M |
 Variational | +0.0000%every 8h | +0.0000% | +0.0% | $2.28M |
A positive rate means longs pay shorts — the delta-neutral position collects it. Rates are each venue's own funding period, restated on an 8-hour basis so they compare; funding is a floating rate and can flip before it has paid the fees back. Apple's underlying market is closed right now, so the annualized APR above is unreliable — it projects the current funding across a full year no one can collect while trading is halted. The full funding read on the underlying is on the AAPL coin page.
The lending shelf
Where AAPLx lends — and what it pays to sit there.
Deposit AAPLx into a lending market and it earns supply APY while staying withdrawable — and usable as collateral to borrow against. On Kamino, xStocks deposits also earn xPoints on top of the rate. Prefer the quote side? USDC supplied to the same xStocks market pays +3.95%.
| Market | Supply APY | Borrow APY | Max LTV | Supplied |
|---|---|---|---|---|
Kamino ↗xstocks market | +0.00% | +4.85% | 40% | $461.77K |
Supply rates float with utilization — a market where borrowing picks up pays more, then less. Lending is smart-contract risk on top of the token itself; the supplied column is the size already trusting each market.
The pools
LP fees on AAPLx — paid for holding both sides.
Provide AAPLxand the quote asset to a Raydium pool and every swap through it pays you its fee. The APR below is what the pool's fees actually earned, not a projection.
| Pool | TVL | Fee tier | APR 24h | APR 7d |
|---|---|---|---|---|
AAPLx/TREE ↗Raydium | $178.29K | 1.00% | +2309.36% | +1258.87% |
AAPLx/USDC ↗Raydium | $331.74K | 0.25% | +249.57% | +197.29% |
AAPLx/USDC ↗Raydium | $248.18K | 0.10% | +100.49% | +9.89% |
LP is not a free yield: when AAPLx moves against the quote asset the pool rebalances against you (impermanent loss), and a fee APR earned on a thin pool can vanish when the volume does. TVL is the honest context for the rate next to it.
FAQ
AAPLx, answered
What yield does AAPLx pay right now?
Through 4 channels: delta-neutral funding at -3.38% net APR (short the perp on Hyperliquid); lending at +0.00% on Kamino with xPoints; Raydium LP fees at +1258.87% 7-day APR in AAPLx/TREE; a +0.25% dividend auto-reinvested as more tokens. Every number is live from the venue quoting it and refreshes with the page; the routes to act on each are one click away above.
What is AAPLx?
AAPLx is a tokenized stock from the xStocks program: an SPL token on Solana that tracks Apple (AAPL), backed one-for-one by the underlying shares held by the issuer. It trades around the clock on Solana venues even when the stock market is closed, and dividends the underlying pays are reinvested as additional tokens rather than paid out. Its mint address is XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp.
How does the delta-neutral yield on AAPL work?
Hold AAPLx spot and short the same size of AAPL perpetual on Hyperliquid. The two legs cancel the stock's price moves, so what remains is the funding rate the short side collects — currently -3.38% annualized net of both venues' taker fees at a seven-day hold, with the round-trip fees earned back in about 11.3d. Funding floats: it can compress or flip sign, which is why the venue table on this page shows every quote, not just the best one.
Where can I lend AAPLx, and what does it pay?
Kamino pays +0.00% supply APY on $461.77K already supplied. Kamino deposits also earn xPoints. If you would rather lend the quote side, USDC in the same xStocks market pays +3.95%. Deposits stay withdrawable and can be used as collateral to borrow against.
What are the risks of earning yield on AAPLx?
Each channel carries its own. The delta-neutral position hedges price but not a funding flip or a venue failure; lending and LP add smart-contract risk, and LP adds impermanent loss when AAPL moves against the quote asset; a Pendle fixed rate is only fixed when held to expiry. Underneath all of them sits the token itself: AAPLx is an issuer-backed wrapper, so you hold issuer and custody risk that a plain share does not have. Nothing on this page is investment advice — it is the live numbers, side by side.