Axis, a quantitative protocol specializing in institutional yield strategies with onchain transparency, has announced a $5 million private fundraising led by Galaxy Ventures.
The operation also saw participation from OKX Ventures, FalconX, GSR, Maven 11, CMS Holdings, and Marc Zeller (Aave), among others. The round, oversubscribed by 4 times compared to initial targets, demonstrates the growing institutional demand for real yield infrastructure on public blockchains.
Simultaneously, $100 million in private capital has already been allocated by existing partners, deployed in the closed beta of Axis.
This capital fuels the protocol’s delta-neutral arbitrage engine, allowing for the testing of market-neutral strategies that have already achieved a Sharpe ratio of 4.9: a figure that highlights robust and well-balanced returns relative to risk.
Thanks to this approach, the strong price fluctuations in Bitcoin, ETH, or gold do not impact the fund’s performance, enabling Axis to offer sustainable and market-independent returns to both institutional and retail investors.
Summary
The Issue of Transparent Yield in the Digital Market
The digital asset market still suffers from a lack of reliable and transparent solutions for generating yield, suitable for both institutions and common users.
Most existing products rely on speculative activities or unclear strategies, making returns unpredictable and difficult to verify. Axis addresses this challenge by bringing fully onchain institutional-grade market-neutral strategies, ensuring performance is measurable, consistent, and scalable.
The Project: A Multi-Asset Hub for Uncorrelated Yield
Axis is building what it defines as a “multi-asset yield hub”: a unique platform designed to offer verifiable and uncorrelated yields on the world’s major stores of value, namely USD, Bitcoin, and gold.
The protocol will debut with USDx, a digital asset pegged to the dollar, designed to maintain its value and generate yield through Axis’s arbitrage engine. Subsequently, yield products based on Bitcoin and gold will be launched.
This combination of automated execution and verifiable transparency allows Axis to create a diversified ecosystem where users can achieve sustainable yield on major stores of value.
A strategy that positions Axis as a yield layer ready for the future, in line with the growing global demand for dollar-pegged digital assets and the onchain dominance of the dollar itself.
Statements from the Key Players
Chris Kim, co-founder of Axis, stated:
“We founded Axis to offer competitive yield with the transparency necessary for real institutional adoption. What was once just an idea has become a world-class team, with experience in quantitative trading, DeFi, and traditional finance. With the support of Galaxy, we are raising the standards of yield protocols and building transparent financial services on a large scale.”
Will Nuelle, General Partner at Galaxy Ventures, emphasized:
“Axis brings the precision and transparency of institutional trading to decentralized markets. Their delta-neutral framework represents a risk-managed yield infrastructure, created by a team with a solid track record and designed to support real adoption.”
Technology and Strategic Partners
Axis will launch its protocol on Plasma, a blockchain specifically designed for stablecoins, to ensure high efficiency and reduced operational costs, resulting in higher returns for users. The team boasts proven experience, having already managed billions in monthly volume with similar strategies.
Among the infrastructure partners, Veda stands out, providing infrastructure for vault and custody of the Origin Vault; Accountable, responsible for the independent verification of reserves and performance data; and Chainlink, which will offer Proof of Reserves and onchain data feeds for USDx and sUSDx.
Next Steps: Origin Vault and Governance
By the end of the year, Axis will open its own Origin Vault, offering early adopters access to the protocol’s yield engine and the opportunity to participate in the governance token allocation program.
The Origin Vault aims to gather up to $1 billion in deposits, followed by a public token sale and the full launch of the protocol scheduled for early 2026.
Axis: a New Frontier for Digital Yield
Axis positions itself as a quantitative asset management protocol that brings institutional delta-neutral strategies onchain. Its flagship product, USDx, is a dollar-pegged digital asset supported by active trading strategies, offering verifiable yield.
The expertise of quantitative managers merges with the transparent infrastructure of the blockchain, allowing retail and institutional investors to access credible and risk-managed returns in the digital asset world.
For more information, you can visit the official Axis website: [https://www.axis.to/](https://www.axis.to/)
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Keywords: Axis, institutional yield, Galaxy Ventures, USDx, Bitcoin, gold, delta-neutral arbitrage, multi-asset yield hub, onchain transparency, Origin Vault, Plasma blockchain.
