Axis develops a multi-asset, on-chain yield layer that ports institutional delta-neutral arbitrage strategies to public blockchains. Its first product, USDx, is a dollar-linked digital asset designed to preserve its peg while earning yield through Axis’s arbitrage engine; bitcoin- and gold-based instruments are slated to follow. In closed beta, the protocol has already deployed $100 million of limited-partner capital to stress-test its strategy, delivering a reported Sharpe ratio of 4.9 despite large price swings in underlying assets. Axis will launch on Plasma, a Bitfinex-backed stablecoin-focused chain, to minimize operating costs and boost yields. Infrastructure partners include Veda (vault infrastructure and custody), Accountable (independent reserve and performance verification) and Chainlink (on-chain proof-of-reserves and data feeds). Later this year the team plans to open its Origin Vault with a target of up to $1 billion in deposits, ahead of a public token sale and full protocol launch in early 2026. The company positions itself as a transparent, risk-managed alternative to opaque yield products currently available in DeFi.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2025