Perpification and tokenization are creating more opportunities for arbitrage.
Ten versions of NVDA. Different venues. Different prices.
Chris Kim (@bidorder), co-founder and CEO of Axis (@AxisFDN), explains who closes the gaps.
80% of the assets backing USDx are BTC, ETH, SOL and other liquid assets.
And it’s still market neutral.
That inventory is how Axis synchronizes prices across global venues. The alpha is in the gap.
Sharpe ratio asks one question: how bumpy was the ride for the return you got?
Above 1 is good. Above 2 is rare.
Axis: 4.9, across an 8-year track record.
19.1% APY running now. Got sUSDx?
Axis has not launched a token.
Anything trading as $AXIS is not Axis, USDx or sUSDx.
What Axis has launched:
→ 8 years running HFT infrastructure
→ >$110B traded across global venues
→ $67M onchain in a single week
→ 19.4% net APY
Only @AxisFDN speaks for Axis.
The frontier showed where every strategy sits. This shows what that position pays.
Return per unit of risk, on the same composite score: sUSDx delivers 3.0, nearly double the next closest.
Risk is a budget. Spend it where it earns.
This week yield on Cuve:
Stablecoins yields unfazed by the market.
Plus a vote for the first LP-backed Llamalend market: reUSD/sfrxUSD (@ResupplyFi + @fraxfinance 👀).
https://t.co/EiNHyaPt0M
Behind the Grid: Episode 5.
The Origin Vault was the first time Axis opened its strategy to public capital. $50M was deposited in 22 hours.
The access is new. The underlying business is not.
Scenes from Prime Time with Axis, @googlecloud, and @FalconX.
Chatting tokenized markets with the best in the industry.
We’re running it back next week in Singapore with @galaxyhq.
An afternoon in Singapore with Galaxy.
Axis and @galaxyhq are hosting An Afternoon Affair on Thursday, October 8 for our partners and friends shaping the future of finance at @Token2049.
Approval required.
Wednesday, September 30. During @kbwofficial.
Join us for an evening of drinks, bites and conversation on tokenized markets, with @googlecloud and @FalconXGlobal.
Limited access.
The engine that powered other earn products, now streams returns directly to sUSDx holders.
22.5% APY. #1 on @DefiLlama among Ethereum pools above $10M.
We've cut out the middle man.
Before Axis, our HFT trading firm was the yield source for many defi yield protocols/earn products out there. Most of them took a huge spread and only passed on 6-8% (out of like 15-20%).
There’s no middle man now 🫶
sUSDx is the staked version of our synthetic asset USDx that is used for liquidity provisioning as we synchronize global markets.
“We are gonna launch many more Axis assets in the future, like BTCx– it could be multiple denominations.”
“If you want to go for the full yield, then you can directly attain USDx and stake it.”