PANews reported on December 1st that, according to Decrypt, on-chain yield platform Altura has completed a $4 million funding round, led by Ascension, with participation from European private equity firms Moonfare and InnoFinCon. The platform aims to provide transparent, risk-controlled, and stable on-chain returns for ordinary users and institutions through professional quantitative strategies.

Altura employs a single-chain vault structure and generates returns through market-neutral strategies such as capturing cross-exchange price spreads, obtaining funding rates for hedging positions, and allocating interest-bearing assets, aiming to achieve an annualized return of 20%-30% in normal markets.