Axal Launches Mobile App Bringing Onchain Yield to the Masses

Axal, the fintech startup backed by a16z CSX and CMT Digital, is partnering with MoonPay, the global leader in crypto payments, to launch the Axal mobile app, going live on November 19, 2025. The app enables users worldwide to earn onchain yield effortlessly, combining the power of decentralized finance (DeFi) with seamless mobile-first access, ACH onramping, and full chain and gas abstraction.

With just a single tap, the Axal mobile app allows users to allocate funds into a diversified portfolio of stablecoin yield strategies generating ~6–10% APY. Behind the scenes, Axal’s intelligent automation engine continuously rebalances and reallocates capital in real time, optimizing returns while managing risk exposure.

“Most money today sits idle in low-interest accounts,” said Ash Ahmed, founder and CEO of Axal. “With the Axal app, users can generate meaningful interest in what amounts to a low-risk stablecoin money market account.”

The mobile experience mirrors the simplicity and security of Axal Yield on desktop, with no gas fees, no custodial risk, and no manual intervention. Each deposit activates a smart account protected by TEE-enforced signing policies and batched execution, delivering both enterprise-grade automation and robust user asset protection.

The app integrates MoonPay’s Virtual Accounts, powered by Iron, to streamline deposits and onboarding. USDC is sent to these accounts and is automatically routed into Axal’s smart yield engine where they start earning.

Users benefit from:

• Built-in diversification
• No manual transactions or approvals
• Complete transparency and control

“We’re seeing the next generation of finance take shape onchain,” said Ivan Soto-Wright, Co-Founder and CEO of MoonPay. “Axal’s mobile app is accelerating this movement, putting real yield, transparency, and user control into a simple, familiar experience anyone can use.”

Following the mobile app, Axal aims to launch additional consumer services such as stablecoin spending cards, stablecoin yield APIs, and structured products.

Axal has integrated with leading DeFi protocols including Morpho, Euler, and Pendle. Though primarily on the Base network, Ethereum mainnet and additional networks are coming soon.