DeFi

Axal Launches Mobile App to Bring Onchain Yield to Mainstream Users, Powered by MoonPay

Lidia Yadlos · Nov 20, 2025 · MoonPay MoonPay
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Axal Launches Mobile App to Bring Onchain Yield to Mainstream Users, Powered by MoonPay

New York — Axal, the fintech startup backed by a16z CSX and CMT Digital, is bringing onchain yield to the global mainstream with the launch of the Axal mobile app, available today. In partnership with MoonPay, Axal is making decentralized finance feel as simple—and safe—as opening a savings app.

The new mobile experience allows anyone to allocate funds into a diversified portfolio of stablecoin yield strategies with a single tap. These strategies, built on top of vetted DeFi protocols, generate approximately 6–10% APY—without the friction typically associated with onchain finance. 

No gas fees. No complex transactions. No manual steps. Just yield.

“Most money today sits idle in low-interest accounts. With the Axal app, users can finally earn meaningful interest through what essentially functions like a low-risk, stablecoin money market account.”


Ash Ahmed, Founder & CEO of Axal

Mobile-First Simplicity, Onchain Power

The mobile app mirrors the clean, automated experience of Axal Yield on desktop. Every deposit activates a TEE-protected smart account, enforcing strict signing policies and enabling secure, batched execution under the hood. Users never interact with gas, key management, or transaction approvals—Axal’s automation engine handles it all.

In the background, Axal’s system continuously reallocates, rebalances, and optimizes strategies in real time, monitoring yields and risk exposure across leading protocols from a single, unified interface.

Through MoonPay’s Virtual Accounts, powered by its stablecoin infrastructure arm Iron, users can deposit funds seamlessly via ACH or bank transfer. Incoming USDC is automatically directed into Axal’s yield engine, beginning to earn immediately.

What Users Get: Real Yield, Zero Friction

The Axal mobile app delivers:

  • Built-in diversification across top-tier DeFi strategies

  • Automated yield optimization—no approvals, no manual steps

  • Full transparency and real-time visibility

  • No custodial risk; users retain control of their assets

  • Zero gas or blockchain complexity exposed to the user

It’s a new model for onchain finance: sophisticated under the hood, effortless on the surface.

“We’re watching the next generation of finance take shape onchain. Axal’s mobile app pushes this shift forward by delivering real yield, transparency, and user control in a simple, familiar experience anyone can use.”


Ivan Soto-Wright, Co-Founder & CEO of MoonPay

A Broader Consumer Platform Is Coming

The mobile app is just the start. Axal plans to expand into:

  • Stablecoin spending cards

  • Yield APIs for fintech and enterprise clients

  • Structured yield products for more advanced users

Axal has already integrated with leading DeFi protocols including Morpho, Euler, and Pendle. While its core infrastructure runs on Base, support for Ethereum mainnet and additional chains is on the road map.

Axal: Built for the Future of Onchain Finance

Founded by a team with experience from Harvard, Susquehanna, TikTok, AWS, OKX, and Fidelity, Axal is building software that makes advanced DeFi strategies effortless. Backed by a16z CSX and CMT Digital—with support from industry leaders such as Puneet Singhvi (Citi Crypto), Professor Mallesh Pai (Consensys), and Ivan Soto-Wright (MoonPay)—Axal’s mission is to make transparent, automated onchain yield accessible to everyone.
 
The Axal mobile app is available today, November 19, 2025. Learn more at axal.com.