With Axal, you're automatically diversified into top stablecoin lending protocols, risk-monitored in real time, and rebalanced as markets shift. We abstract away all the crypto complexities so you can focus on earning more.
Hi! We built Axal because everyone deserves a better return on savings. Similar to a money market fund, Axal diversifies holdings across several USDC lending pools. We're then constantly monitoring risk and APY to get you the highest, safest returns. Axal gets you DeFi returns with a fintech UX.
Hey everyone - Ash, founder of Axal here! So excited to interact with the Product Hunt community as we go to market with our mobile apps and better onboarding experiences.
Please give us feedback and reach out to hello@getaxal.com about anything!
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Great app, i checked to make sure the APY was correct and if you use the compounding formula its around 7.3% over the last month.
@land_tantichot1 Thanks for the question! We're using USDC lending pools on Morpho primarily but also integrating Euler, Pendle, and Aave.
APY is higher due to 1) high borrow demand for USDC; 2) additional incentives at the protocol level (like Morpho tokens) that we swap to USDC and stream to your wallet.
Typical/moderate USDC borrow demand puts APY in the 3-8% range historically and we're targeting a sweet spot of diversifying across the safest pools with better yield.
Hey everyone, Ash from Axal here. Please feel free to reach out to us at hello@getaxal.com to chat feedback, feature requests, and really anything else!
Hi! We built Axal because everyone deserves a better return on savings. Similar to a money market fund, Axal diversifies holdings across several USDC lending pools. We're then constantly monitoring risk and APY to get you the highest, safest returns. Axal gets you DeFi returns with a fintech UX.
How are risks assessed and monitored in real time?
The app invests users' stablecoins in multiple over-collateralized markets. Frequent rebalancing on top of this ensures users' funds are safe on top of the security over-collateralized markets already provide.
Are yields variable, and how frequently do they change?
Variable, and the profits stream directly to the user's wallet. Since the portfolio is diversified the variable risk remains around 7%
Which chains and networks does Axal support?
Base, Arbitrum, Polygon ,Ethereum Mainnet. Monad will have day 1 support
The Axal app just works. DeFi usually feels noisy and overcomplicated, so it was a surprise to use something that behaves like a normal fintech app. I literally deposited with Apple Pay, swiped up, and was earning within seconds. No weird steps, no guessing.
Very simple and intuitive.
Exactly how I wish more crypto apps worked.
What needs improvement
A lot more desired (automations, android, insurance, more educational content in app) but great start!
Wealthfront
Robinhood
Betterment
Axal
Axal
Hey everyone - Ash, founder of Axal here! So excited to interact with the Product Hunt community as we go to market with our mobile apps and better onboarding experiences.
Please give us feedback and reach out to hello@getaxal.com about anything!
Great app, i checked to make sure the APY was correct and if you use the compounding formula its around 7.3% over the last month.
Prism AI
Hey curious how you guys are giving such a high APY?
Axal
@land_tantichot1 Thanks for the question! We're using USDC lending pools on Morpho primarily but also integrating Euler, Pendle, and Aave.
APY is higher due to 1) high borrow demand for USDC; 2) additional incentives at the protocol level (like Morpho tokens) that we swap to USDC and stream to your wallet.
Typical/moderate USDC borrow demand puts APY in the 3-8% range historically and we're targeting a sweet spot of diversifying across the safest pools with better yield.
Almanax
Very cool, congrats on the launch team!
Kommunicate
Congratulations on the launch to the Axal Team.
I don't recommend them at all.
They let you deposit money, but when you try to withdraw the money, the app says this feature is coming soon!
Multiple emails were sent to their support, and they don't even respond.