Evolve your capital
Borrow the omnichain DUSD stablecoin against productive, yield-bearing collateral - earning up to 37.74% net APY.
Protocol snapshot
LiveTVL
$422K
Circulating DUSD
$715K
Borrowable DUSD
$290K
DUSD peg
$1.000
sUSDeborrow$41K2.58%1.54%
wstETHmint$11K2.5%fixed-
PAXGborrow$27K2.38%1.34%sUSDemint$2.6K1.5%fixed-
syrupUSDCborrow$48K1.56%0.53%Strategies
Yield-bearing leveragesyrupUSDC / DUSD
Net APY
37.74%
Yield-bearing leveragesUSDe / DUSD
Net APY
13.24%
Yield-bearing leveragewstETH / DUSD
Net APY
1.99%
SupplySupply DUSD
Net APY
1.54%
Yield-bearing leveragerETH / DUSD
Net APY
0.61%
LeveragewBTC / DUSD
Interest
0.09%
LeveragecbBTC / DUSD
Interest
0.12%
LeveragetBTC / DUSD
Interest
5.75%
LeveragePAXG / DUSD
Interest
7.14%
LeverageWETH / DUSD
Interest
8%
Yield-bearing leveragesyrupUSDC / DUSD
Net APY
37.74%
Yield-bearing leveragesUSDe / DUSD
Net APY
13.24%
Yield-bearing leveragewstETH / DUSD
Net APY
1.99%
SupplySupply DUSD
Net APY
1.54%
Yield-bearing leveragerETH / DUSD
Net APY
0.61%
LeveragewBTC / DUSD
Interest
0.09%
LeveragecbBTC / DUSD
Interest
0.12%
LeveragetBTC / DUSD
Interest
5.75%
LeveragePAXG / DUSD
Interest
7.14%
LeverageWETH / DUSD
Interest
8%
Ways to use DUSD
Borrow, earn, and get rewarded
Use DUSD across isolated markets to access liquidity, earn from borrower demand, and accumulate ALTO rewards.
Borrow
0.03%
Borrow from
Borrow DUSD against your collateral while integrated yield strategies help offset interest and support self-repaying positions.
Earn
1.54%
Supply up to
Supply DUSD to isolated markets to earn interest from borrowers.
Rewards
Pre-TGE
Now
Most borrow, supply, and leverage positions accumulate ALTO rewards now, distributed as call options post-TGE.
From the blog
Research & updates
Alto Liquidity Program
Alto is strengthening its liquidity position within the Curve ecosystem in partnership with Frax Finance.
Stablecoin Report #3: The Yield War
The CLARITY Act yield ban draft wipes 20% from Circle in a single session. Drift Protocol loses $200M. The yield war is here - and DeFi's carveout is intact.
One Bad Asset Shouldn’t Break the System
Pooled lending and isolated markets represent two fundamentally different approaches to risk in DeFi. Understanding the difference is the key to navigating lending protocols intelligently.
Why Alto
Engineered to stay solvent
Alto is built around a simple goal: keep DUSD fully backed and the protocol resilient through any market.
DUSD backing
CDP-based, high-quality collateral
DUSD is backed by active mint-market collateral and public Stability Module assets, keeping the backing transparent and diversified.
Backed by
Isolated markets
Risk that stays contained
Every collateral lives in its own isolated market. A single bad asset can never cascade into the rest of the protocol - depositors are only ever exposed to the markets they choose.
Audits & security
Reviewed, monitored, and battle-tested
Every contract ships only after independent external audits and rigorous internal review. Continuous on-chain monitoring with automated alerts is arriving soon to keep the protocol watched around the clock.
Audited by
5×
2×Fixed & dynamic rates
Choose how you borrow
Borrow at a fixed rate that's low and fully predictable but limited in supply, or tap dynamic rates that flex with market utilization for always-available liquidity.
Partial liquidations
Cascade-proof by design
Liquidations are partial and properly incentivized, so keepers wind down only what's needed. Healthy positions are protected from the forced-selling spirals that break other protocols.
Rewards
ALTO rewards via call options
Most borrow, supply, and leverage activity accrues rewards today. After the TGE they're distributed as ALTO call options - the right to acquire ALTO at a preferential strike, aligning long-term incentives.
What's next
See where Alto is headed
Track shipped milestones and what's coming next across the protocol.
View roadmap