> For the complete documentation index, see [llms.txt](https://docs.ariaprotocol.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ariaprotocol.xyz/ip-rwa-tokens/usdapl.md). # $APL $APL is the first IP RWA (Intellectual Property Real-World Asset) token launched on Aria Protocol. It is a fungible token backed by iconic music rights acquired by Aria Management Company (affiliated with Aria Protocol Labs Inc.). The $APL token represents the Aria Premiere Launch catalog; a collection of partial rights to 48 iconic songs acquired to date from the $10.95 million USDC raised using StakeStone’s LiquidityPad. Following the launch of remixable IP and the Aria Global Remix Contest featuring 3 songs from South Korean artist and actress NANA, the token will also be linked to any remixes of the 3 tracks released by a label. Holders are entitled to a share of potential real-world revenue generated by the underlying IP assets. $APL brings a new kind of asset onchain: income-generating IP you can own, stake, and earn from. For the complete list of assets, you can check out APL's [Asset List](/ip-rwa-tokens/usdapl/asset-list.md), or check out the tokenomics at [Tokenomics](/ip-rwa-tokens/usdapl/tokenomics.md). Token and Contract Addresses: * `APL: 0xfE82012eCcE57a188E5f9f3fC1Cb2D335C58F1f5` * `stAPL: 0xb5461c1FD0312Cd4bF037058F8a391e6A42F9639` * `Staking contract: 0x73d600Db8E7bea28a99AED83c2B62a7Ea35ac477` --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.ariaprotocol.xyz/ip-rwa-tokens/usdapl.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.