Ask about Axis · freeTotal Value Locked$68.18m
TVL by Chain
Ethereum$68.18m
Key Metrics
Total Raised$5m
Dec 3, 2025$5mRound: Investors: Galaxy Digital, FalconX, CMT Digital, OKX Ventures, Maven 11, GSR, CMS Holdings
Jun 2, 2026Round: Investors: Steakhouse Financial, Serotonin
Protocol Information
Quantitative yield protocol that issues USDx, a synthetic dollar backed by a cross-venue arbitrage engine. sUSDx is the staked yield-bearing vault.
Audits:
Methodology
TVL: Supply of USDx on Ethereum. sUSDx is an ERC-4626 vault of USDx and is excluded to avoid double counting. The Upshift Origin Vault is excluded because it is already counted under Upshift.View code on GitHubYields
Pools Tracked1
Average Supply APY15.83%
Competitors
Axis history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 20, 2026 to Oct 27, 2026.
All-time high TVL: $67.78m on Sep 3, 2026. All-time low TVL: $54.33m on Sep 21, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $56.27m |
| Sep 29, 2026 | $56.35m |
| Sep 30, 2026 | $57.15m |
| Oct 1, 2026 | $58.15m |
| Oct 2, 2026 | $59.03m |
| Oct 3, 2026 | $60.78m |
| Oct 4, 2026 | $60.81m |
| Oct 5, 2026 | $61.14m |
| Oct 6, 2026 | $62.03m |
| Oct 7, 2026 | $63.14m |
| Oct 8, 2026 | $63.17m |
| Oct 9, 2026 | $63.63m |
| Oct 10, 2026 | $63.6m |
| Oct 11, 2026 | $64.25m |
| Oct 12, 2026 | $64.25m |
| Oct 13, 2026 | $65.11m |
| Oct 14, 2026 | $65.31m |
| Oct 15, 2026 | $65.3m |
| Oct 16, 2026 | $65.31m |
| Oct 17, 2026 | $65.9m |
| Oct 18, 2026 | $66.19m |
| Oct 19, 2026 | $66.98m |
| Oct 20, 2026 | $67.14m |
| Oct 21, 2026 | $67.33m |
| Oct 22, 2026 | $67.71m |
| Oct 23, 2026 | $66.86m |
| Oct 24, 2026 | $67m |
| Oct 25, 2026 | $67m |
| Oct 26, 2026 | $67.06m |
| Oct 27, 2026 | $67.03m |
TVL at each month end, Aug 2026 to Oct 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $67.72m |
| Sep 30, 2026 | $57.15m |
| Oct 27, 2026 (latest) | $67.03m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/axis
Frequently asked questions
What is Axis' TVL?
As of Oct 27, 2026, Axis has $68.18m in total value locked. TVL has increased 21.2% over the past 30 days.
What chains does Axis operate on?
Axis operates on Ethereum. Ethereum holds the largest share at 100%.
How does Axis' TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Axis ranks #8 by TVL. The category holds $7.559b across 41 protocols, and Axis accounts for 0.9% of that total. Similar protocols include Ethena USDe, Falcon Finance, BitFi Basis, Solv Basis Trading, Tori Finance, ZEROBASE CeDeFi, Aegis YUSD, JUSD Finance, Piku Finance, and BounceBit Prime.
How many yield pools does Axis have?
DefiLlama tracks 1 Axis yield pool with an average APY of 15.8%.