Altura Raises $4 Million to Scale Its On-Chain Vault for Stablecoin Yield

COINOTAG News, citing Decrypt, reported on December 1 that Altura, an on-chain yield platform, closed a $4 million funding round. The round was led by Ascension, with participation from Moonfare, a European private‑equity investor, and InnoFinCon among others. The financing underscores investor interest in credible DeFi yield mechanisms and on‑chain vault offerings.

Altura operates a single, on‑chain vault built around a market‑neutral strategy to generate stable yields. Users deposit stablecoins, and the protocol earns revenue by several methods, including capturing exchange spread, collecting funding fees through hedged positions, and rotating collateral into yield‑bearing assets.

This development highlights continued demand for transparent, risk‑managed on‑chain yield platforms. By combining a disciplined market‑neutral framework with diversified revenue streams, Altura aims to deliver dependable returns while maintaining prudent risk controls for participants and the broader DeFi ecosystem.