Collateral-Optimized DeFi Lending Platform Altitude Surpasses $10M in Deposits
The post Collateral-Optimized DeFi Lending Platform Altitude Surpasses $10M in Deposits appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. London, United Kingdom, July 14th, 2025, Chainwire DeFi protocol Altitude has announced a new milestone in its quest to deliver collateral-optimized onchain lending. Following its public launch, BTC and ETH deposits have grown rapidly, resulting in a TVL (total value locked) of over $10M. The record TVL achieved by Altitude has been reached in less than a month. It follows the successful completion of the DeFi protocol’s private beta, which concluded in mid-June. Since then, Altitude’s deposits have doubled to $10M, driven by retail users seeking to optimize their crypto collateral to safely maximize borrowed capital. Altitude’s protocol is designed to enhance onchain borrowing for greater capital efficiency while safeguarding loans against under-collateralization. By automatically rebalancing borrowing based on fluctuations in the price of collateral such as BTC and ETH, Altitude ensures optimal loan-to-value (LTV) ratios. Its intuitive dashboard displays loan health tied to LTV and allows users to fine-tune parameters effortlessly. Traditional onchain lending protocols are characterized by significant inefficiency, with typical DeFi borrowers maintaining LTVs of 30-40%, leaving up to half of all capital unused. Altitude’s growing user base has embraced its ability to maximize capital efficiency and simplify borrowing complexities, enabling them to prioritize yield generation and explore diverse DeFi opportunities. When collateral values rise, Altitude leverages the increase to borrow additional funds, channeling them into yield-generating strategies that help reduce the loan balance. Conversely, if collateral values drop, Altitude reallocates funds to the lending pool to maintain an ideal LTV. The protocol also dynamically adjusts positions to secure the most competitive lending rates, ensuring cost-effective financing for users. Backed…
The post Collateral-Optimized DeFi Lending Platform Altitude Surpasses $10M in Deposits appeared on BitcoinEthereumNews.com.
Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. London, United Kingdom, July 14th, 2025, Chainwire DeFi protocol Altitude has announced a new milestone in its quest to deliver collateral-optimized onchain lending. Following its public launch, BTC and ETH deposits have grown rapidly, resulting in a TVL (total value locked) of over $10M. The record TVL achieved by Altitude has been reached in less than a month. It follows the successful completion of the DeFi protocol’s private beta, which concluded in mid-June. Since then, Altitude’s deposits have doubled to $10M, driven by retail users seeking to optimize their crypto collateral to safely maximize borrowed capital. Altitude’s protocol is designed to enhance onchain borrowing for greater capital efficiency while safeguarding loans against under-collateralization. By automatically rebalancing borrowing based on fluctuations in the price of collateral such as BTC and ETH, Altitude ensures optimal loan-to-value (LTV) ratios. Its intuitive dashboard displays loan health tied to LTV and allows users to fine-tune parameters effortlessly. Traditional onchain lending protocols are characterized by significant inefficiency, with typical DeFi borrowers maintaining LTVs of 30-40%, leaving up to half of all capital unused. Altitude’s growing user base has embraced its ability to maximize capital efficiency and simplify borrowing complexities, enabling them to prioritize yield generation and explore diverse DeFi opportunities. When collateral values rise, Altitude leverages the increase to borrow additional funds, channeling them into yield-generating strategies that help reduce the loan balance. Conversely, if collateral values drop, Altitude reallocates funds to the lending pool to maintain an ideal LTV. The protocol also dynamically adjusts positions to secure the most competitive lending rates, ensuring cost-effective financing for users. Backed…
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