TLDR
- Axis raised $5 million in a private funding round.
- The platform currently manages $100 million in capital.
- Origin Vault launch is planned for early 2026.
Axis, a quantitative on-chain yield protocol, has announced the closure of a $5 million private funding round. The round was led by Galaxy Ventures, with significant contribution from a selection of major investors including OKX Ventures, FalconX, GSR, Maven 11, CMS Holdings, and Marc Zeller of the Aave Chan Initiative. This funding is set to support Axis’s market-neutral yield platform expansion.
The Axis platform is designed to provide institutional-grade, market-neutral yield solutions. Currently operating with $100 million in capital deployment during its closed beta phase, Axis utilizes delta-neutral arbitrage strategies. According to the protocol, these strategies have a Sharpe ratio of 4.9, indicating a solid risk-adjusted performance metric.
Key Institutional Investors’ Involvement
The funding round involved several strategic investors, with Marc Zeller of the Aave Chan Initiative being among the notable figures participating. Chris Kim, who co-founded Axis, has a professional background encompassing quantitative trading, decentralized finance (DeFi), and traditional finance. Will Nuelle, a general partner at Galaxy Ventures, emphasized the transparency and potential of Axis’s yield infrastructure.
Axis aims to deliver market-neutral strategies that generate predictable yields regardless of the price fluctuations in assets such as USD, Bitcoin, and gold. Their flagship product, USDx, is a dollar-pegged digital asset that leverages an arbitrage engine to produce yield.
Looking Ahead: Product Development and Launch Plans
In the future, Axis plans to roll out yield products specifically catered to Bitcoin and gold. These developments will take place on the Plasma blockchain, which is supported by Bitfinex. To ensure security and transparency, the platform will integrate Chainlink proof-of-reserve services and Veda custody solutions.
The platform expects to launch its “Origin Vault” in early 2026. This feature will target deposits up to $1 billion and will be a precursor to a public token sale and full protocol release. The recent funding round was oversubscribed by four times, underscoring a strong investor interest and confidence in Axis’s vision.
Axis’s Performance During Market Volatility
Axis has actively deployed $100 million during its beta phase to rigorously test its arbitrage strategies. Despite the fluctuations seen in Bitcoin, ETH, and gold markets, the protocol has managed to maintain stable performance metrics. However, specific on-chain metrics such as dynamic Total Value Locked (TVL) or details on staking flows remain undisclosed currently.
Assets involved in Axis’s protocol include:
- USDx – a yield-generating dollar-pegged asset
- Bitcoin (BTC) – upcoming yield product
- Gold – upcoming yield product
- Ethereum (ETH) – part of the underlying ecosystem
Anticipated Governance and Community Engagement
As Axis moves towards a public token sale, governance tokens are expected to be distributed through the Origin Vault program. No direct regulatory remarks were noted related to this funding. However, the selection of partners such as Veda, Accountable, and Chainlink indicates a commitment to transparency and credibility.
Axis’s roadmap outlines a Q1 2026 launch for the Origin Vault and subsequent token sale. This aligns with the increasing trend of institutional-grade DeFi platforms that adopt market-neutral approaches to attract conservative capital seeking stable returns.
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