what's Altitude?
Altitude is a decentralized finance (DeFi) protocol that operates as a composable blue-chip asset bridge, enabling secure and efficient cross-chain transfers of major cryptocurrencies. Powered by LayerZero, it supports integrations with ecosystems like Avalanche, Arbitrum, Polygon, and Fantom, offering features such as low bridging fees, single-asset liquidity pools, and guaranteed finality for transactions. The protocol emphasizes enhanced security and speed, making it suitable for users moving assets between blockchains without the complexities of traditional bridging risks. In addition to bridging, Altitude provides an automated lending platform that optimizes collateral efficiency. Users can deposit assets like cbBTC or wstETH to earn yields while borrowing stablecoins such as USDC. The system actively manages collateralized loans to leverage market uncertainties, improving capital utilization in DeFi. It also includes liquidity provision mechanisms without impermanent loss and staking options that distribute protocol revenue. Altitude's native token, ALTD, plays a central role in governance, staking rewards, and liquidity incentives, fostering community participation in the ecosystem's growth.
Altitude offers onchain USD/EUR FX via Jupiter with competitive rates, comparable to traditional services.
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Offers onchain USD/EUR foreign exchange through Jupiter integration with rates comparable to or better than traditional services like Revolut or Airwallex.
Platform announces upcoming agentic finance feature with fully autonomous workflow agents rather than co-pilot style assistance.
Altitude announces CFO Stack at Breakpoint 2025, a suite of tools designed to streamline financial operations.
The team announces presence at SolanaConf offering early access to the CFO stack financial operations engine built on Solana.
Launches CFO stack with Squads Protocol and supports Bitcoin as a first-class asset for business banking.
Users gain access to DeFi yields through Kamino partnership with Gauntlet handling risk management.
Altitude Earn integrates with Kamino's infrastructure to provide businesses access to Kamino's credit engine and Gauntlet-managed risk capabilities.
The project is discussed on "On The Brink" podcast hosted by Wyatt, with the tweet indicating detailed project information is shared in the episode.
Platform launches batch payment feature allowing users to send stablecoin payouts to up to 10 recipients at once, with support for 100-recipient batches currently in testing with select teams.
The company generates $150m in revenue, with CEO-level direct response to community feedback. (tweet id: 1994082255828828505)
Platform onboards 400 verified businesses offering 5% APY backed by US treasuries custodied at BlackRock, with operations live in 150+ countries.
Platform performs USD/EUR conversions via Jupiter integration using USDC and EURC stablecoins, with demand observed for BRL, SGD and GBP currency pairs.
Team member presents about the project at Multicoin Capital's summit event.
Altitude serves as a Headline Sponsor for BREAKPOINT 2025, a major Solana ecosystem event happening in less than one month.
Platform announced as headline sponsor for Breakpoint 2025 Abu Dhabi, Solana's major annual conference.
Onboarded 200+ businesses within one month of launch, including startups, law firms, marketing agencies, corporate services providers, and logistics companies seeking stablecoin access.
Backed, endorsed and built by Squads.
Platform launches stablecoin-powered business banking service for Solana companies, onboards hundreds of businesses in first three weeks.
Platform onboards 100+ businesses in 2 weeks with 400+ additional businesses in pipeline.
Platform goes live for businesses in 150+ countries, offering USD/EUR accounts, treasury management with yield, and cross-border payments powered by Solana.
$8.63M token unlock event scheduled for next week, representing ~12% of last reported FDV.
New automated system optimizes borrowing rates and maximizes idle capital yield up to 80% LTV while automatically reducing user debt.
Protocol reaches $20M TVL milestone with upcoming ALTI token valued at $70M FDV, offering 15.73% supply APY including token rewards.
Platform introduces dual yield routes combining cbBTC deposits with YT tokens and leverage loops through new Falcon Stable and Silo Finance integrations.
Three new yield strategies launched offering 13-50%+ APY through ETH-backed passive yield, cross-protocol farming, and intelligent looping mechanisms.
New yield farming strategy offers 13.1-14.4% APY on cbBTC/wstETH deposits plus 0.3% weekly aegis token airdrop qualification.
New self-repaying Tesla loan product launches, marking expansion into real-world asset financing.
Protocol achieves $17M TVL milestone while offering industry-leading 12-13% supply yields and negative borrowing rates.
Platform integrates with Aave and Morpho for lending, while utilizing Curve, Convex, Pendle, and Morpho for yield generation, with pre-market token $ALTI confirmed.
V2 vaults reach $15M TVL milestone with yield generation through Morpho Labs and Pendle Finance integrations, offering 8.1% APY on cbBTC and wstETH deposits.
Platform reaches $10M TVL with rapid growth momentum.
V2 vault reaches $5.95M TVL with 29% of assets generating additional 7.80% APY yield across cbBTC and wstETH pairs.
Protocol introduces parallel farming and supply-only rewards, driving TVL growth through multiple yield sources.
Platform offers 0% APY loans against cbBTC/wstETH with Altitude token farming rewards.
Protocol launches referral program with shared rewards and integrates Hypernative's real-time security monitoring system for threat detection.
Protocol allocates 27% of $ALTI tokens as borrower incentives and enables 40-50% APY through CDP yield strategies with unused collateral.
Protocol launches on mainnet offering 0% APY loans, adds cbBTC as supported collateral alongside wstETH
New protocol features include parallel farming, zero-fee borrowing, and fresh vaults for yield optimization.
New yield strategy enables ETH staking with 10% APY in ALTI rewards plus additional yields through MorphoLabs integration and automatic LTV optimization.
New stablecoin-native USD account officially launches for businesses on Solana network.
Waitlist attracts 1800+ signups within first 24 hours of opening.
Protocol automatically allocates unused loan capacity to yield-generating platforms, offsetting borrowing costs through earned interest.
Innovative lending protocol enters closed beta, featuring automated yield optimization and self-adjusting liquidation protection.
Mainnet launch approaches with active whitelist registration offering double-digit APR paid in future tokens; currently supports wstETH collateral with 110% minimum ratio.
Platform offering collateral yield generation for loan repayment.