Axis, a yield protocol provider, has secured a $5 million funding round from leading firms like Galaxy Ventures and OKX Ventures to accelerate growth. This funding will support the company’s scaling efforts, particularly in developing new institutional-grade financial products. The new capital will be used for expanding Axis’s yield infrastructure and research into new opportunities. Currently operating during its closed beta phase with $100 million in deployed capital, Axis utilizes delta-neutral arbitrage strategies to generate predictable returns. 4.9 is the protocol’s impressive Sharpe ratio, demonstrating efficient risk-adjusted performance even in volatile markets.