Today, Altitude, the decentralized finance (DeFi) protocol built on Ethereum, has opened its doors to the public following an eight-month private beta. During that period, Altitude’s smart vaults drew in more than $5 million in total value locked (TVL), as whitelisted testers explored its automated strategies for managing collateral, borrowing and yield generation.
Real-Time Rebalancing Transforms DeFi Borrowing
Unlike traditional on-chain lending platforms—where users often leave up to 60 percent of their capital idle to stay safely over-collateralized—Altitude’s protocol dynamically adjusts borrowing levels and redeploys idle collateral to generate additional yield. By actively monitoring the price movements of key assets like BTC and ETH, the system automatically rebalances positions: drawing new loans and farming yield when collateral values rise, and repaying debt into lending pools when values fall.
At the heart of Altitude’s user experience is an intuitive dashboard displaying each loan’s health via loan-to-value (LTV) ratios. Users can specify their preferred LTV bands, and Altitude’s automation ensures they remain within those parameters, even in volatile markets. The platform also continuously scouts for the most favorable lending and borrowing rates across Ethereum’s DeFi ecosystem, seamlessly migrating user debt and collateral to optimize costs.
This innovative approach resonated with the protocol’s backers: in a funding round earlier this year, Altitude raised $6.1 million from prominent Web3 venture funds including Tioga Capital, New Form Capital and GSR. With its doors now open to all DeFi users, Altitude aims to simplify and supercharge the borrowing process.
Rather than juggling multiple platforms to hunt for yields or manually tweaking positions to avoid liquidation, users can entrust their assets to Altitude’s vaults. This frees them up to explore other DeFi opportunities, secure in the knowledge their loans are balanced and working as hard as possible.
The crypto market continues to ebb and flow, and automated collateral management may well become the norm. By pioneering live rebalancing of on-chain loans, Altitude steps into the spotlight as a protocol that not only lowers borrowing costs but also turns dormant collateral into a vibrant source of yield. For DeFi enthusiasts keen to tighten risk controls and boost returns, Altitude’s public launch arrives at just the right moment.
