Altitude Announces Public Launch of Its Collateral-Optimized Lending Platform

Published 06/16/2025, 04:16 AM
Updated 06/16/2025, 04:30 AM
Altitude Announces Public Launch of Its Collateral-Optimized Lending Platform

London, UK, June 16th, 2025, Chainwire


Altitude, the DeFi platform for collateral-optimized lending, has announced the conclusion of its private beta and is now opening the vaults to the public. As a result, DeFi users can now take advantage of Altitude’s automated strategies to efficiently control their collateral for lending and borrowing purposes.

The public launch of Altitude’s lending platform follows on from a successful beta phase, during which whitelisted participants were able to test its capabilities. Having operated smoothly for eight months, during which time its protocol attracted TVL of more than $5M, Altitude is now inviting public users to access its platform.

Altitude is designed to support efficient management of onchain borrowing to ensure greater capital efficiency while preventing loans from becoming under-collateralized. Its dashboard indicates the health of each loan, based on LTV, with controls for adjusting desired parameters. Altitude is the first DeFi protocol to offer rebalancing, automatically rebalancing borrowing for users based on the price of collateral such as BTC and ETH.

Onchain loans are typically capital inefficient, since average DeFi users are borrowing to an LTV of around 40-50% and resulting in a significant proportion of capital being effectively lying idle. Initial users of the Altitude beta have been taken with the greater capital efficiency available, coupled with the elimination of the complexity normally associated with borrowing, freeing them to focus on yield generation and other DeFi opportunities.

When the value of the underlying capital increases, Altitude borrows against it and uses the capital to generate yield which is used to reduce the loan. Similarly, when the value of the collateral decreases, Altitude returns funds to the lending pool to ensure an optimum LTV. Altitude’s automated lending and borrowing solution also identifies preferable lending rates and adjusts positions accordingly, ensuring that users are financed at the most attractive rate.

Altitude successfully raised a total of $6.1M in funding from a string of leading web3 VCs including Tioga Capital, New Form Capital, and GSR. Investors were taken with Altitude’s solution for giving DeFi borrowers peace of mind while also enabling them to safely generate the maximum available yield.

With the private beta now successfully concluded, the opening of Altitude’s lending markets to the public marks the next phase of its evolution. Through interacting with an intuitive UI, DeFi users can take control of their lending and borrowing activities without needing to constantly monitor positions. In the process, this empowers them to earn attractive yield on their assets amidst an ever-changing crypto market.

About Altitude

Altitude is a decentralized protocol on Ethereum that optimizes collateralised lending, ensuring both the lowest possible cost of borrowing as well as generating yield from users’ dormant collateral. By actively managing debt and collateral in real-time, Altitude optimizes capital efficiency.

Learn more: https://www.altitude.fi/


Contact
Co-Founder
Tobias Van Amstel
Altitude
tobias@altitude.fi

This article was originally published on Chainwire

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