Today, Axis USDx is born.
$10M USDx, minted for the very first time in private beta.
This is the first tranche of institutional demand for Axis’ synthetic dollar, capturing performance from our market-neutral arbitrage trading engine.
Bringing you access to the world’s alpha.
Over the last 2 months, funding has been a dominant contributor to our returns.
But even as funding compressed from week 4 to 6, the arbitrage component held steady. This is our weather-resistant strategy at work.
The Axis team has a 8-year track record of 36% annualized returns, a 4.9 Sharpe ratio, and $400 million in peak historical AUM.
Axis captures market dislocations and synchronizes prices through delta-neutral arbitrage. The resulting profit is passed back to holders of USDx.
Performance is proven, liquid, and verifiable onchain via our Transparency Dashboard and @AccountableData.
Check it out: https://t.co/LUsuj6Arhr
We are proud to announce that @SteakhouseFi and @serotonin_hq have officially invested in Axis.
They join @galaxyhq, @FalconXGlobal, and @okx_ventures in funding the liquidity infrastructure required to scale the tokenized economy.
A functioning market requires two things:
1. Credit: @grovedotfinance Basin (with BlackRock & Securitize) delivering instant onchain redemptions.
2. Execution: Axis delivering cross-venue liquidity and market efficiency.
The infrastructure layer is coming together.
The returns you've been waiting for. USDx is coming.
The synthetic dollar granting you access to our arbitrage engine. Turning global market dislocations into profit. Uncorrelated to market direction.
Currently running at 17.91% annualized.
Axis doesn’t discriminate between a $50M allocation and a first-time visitor. Our numbers speak for themselves.
Verify it yourself → https://t.co/uJsRMJiQdE
The Axis Transparency Dashboard is live.
8 years of strategy in action, visible to everyone. Green days, red days, every metric. This is real transparency - not just for LPs and institutional allocators.
This is the alpha you access with USDx.
Verified by @AccountableData.
The Axis team has a 8-year track record of 36% annualized returns, a 4.9 Sharpe ratio, and $400 million in peak historical AUM.
Axis captures market dislocations and synchronizes prices through delta-neutral arbitrage. The resulting profit is passed back to holders of USDx.
Eight years. Every regime since 2018.
Bear markets. Black swans. Funding rate collapses. DeFi contagion.
The engine never stopped running.
Tomorrow, you stop taking our word for it.
We’re proud to partner with @AccountableData for real-time, independent verification of Axis’ reserves and solvency.
Later this week, we launch the Axis Transparency Dashboard. Get ready to track our delta-neutral, 10-20% APY engine live.
Verifiable. Transparent. Uncorrelated.
Through a stretch of broader market drawdown and DeFi volatility, our strategy continues to do what it was designed to do: generate returns uncorrelated to market direction.
Our alpha is the byproduct of enforcing cross-venue market efficiency, not a directional bet on any asset.
Performance reporting of this fidelity is historically reserved for institutions. We strive to break these boundaries, and make high-resolution transparency the global standard.
Our live transparency dashboard is nearly ready. You'll verify our performance in real-time.
Access the world’s alpha via USDx soon. Stay tuned.
18.2% net APY. $32.5m TVL. 6 weeks of private beta.
The latest Axis tear sheet - published directly to the timeline for everyone, not just LPs.
Uncorrelated to the market. Delta-neutral, synchronizing prices globally.
Full report in thread.
Stablecoins didn't eliminate the capital problem in cross-border payments. As tokenized assets grow, that burden multiplies across every new pair and venue.
Axis closes the gap with a multi-asset balance sheet that earns rather than sits idle.
Read more in our latest article.
A sharp @Cointelegraph piece sharing Axis’ vision:
Putting assets onchain is easy. But building infrastructure that makes them tradeable at fair prices across venues, is the real unlock.
@hyoseopyun interviewed our CEO @bidorder on the liquidity problem of tokenized assets.