R25 and Binance Wallet's APC Vault campaign Phase 2 adds $36.26 million in new subscriptions, with total TVL surpassing $81.66 million and 6 days remaining in the subscription window
Odaily reports: The Phase 2 subscription for Axil Prime Credit (APC3M), the first RWA vault product jointly launched by R25 and Binance Wallet and curated by Axil, will close at 23:59 Beijing time on October 26. As of October 20, APC's total value locked (TVL) has reached $81.66 million, of which $36.26 million in subscriptions has been raised since Phase 2 opened on October 13.
APC is a 3-month USDC wealth management product deployed on Pharos Mainnet, with underlying yields derived from emerging-market consumer credit portfolios. This phase offers a net annualized yield of approximately 12.5%-13%, plus a $200,000-equivalent PROS incentive pool. Users can make new subscriptions through the DeFi portal on Binance Wallet, or choose to continue holding their Phase 1 position.
Axil is an institutional-grade RWA risk management provider whose team comes from BlackRock, HSBC, and HashKey. It focuses on emerging-market private credit strategies and employs AI-driven risk assessment and a multi-layered protection framework. R25, as on-chain asset management infrastructure for the next generation of finance, is committed to transforming real-world and digital assets into standardized, programmable vaults, helping users more easily access expert-level on-chain yields.
