Evolve your capital
Borrow the omnichain DUSD stablecoin against productive, yield-bearing collateral - earning up to 9.01% net APY.
Displayed rates are variable snapshots or estimates, not guaranteed returns. Product availability is subject to the app's eligibility requirements.
Protocol snapshot
LiveTVL
$157K
Circulating DUSD
$1.8M
Borrowable DUSD
$224K
DUSD peg
$1.001
wstETHmint$14K4.15%fixed-
frxUSDmint$41K0%fixed-
WETHmint$48K3.5%fixed-
rETHmint$19K5.03%fixed-
sUSDeborrow$16K3.44%0.16%Strategies
Yield-bearing leveragesyrupUSDC / DUSD
Net APY
9.01%
Yield-bearing leveragesUSDe / DUSD
Net APY
8.66%
SupplySupply DUSD
Current lending rate
0.16%
LeveragefrxUSD / DUSD
Interest
0%
LeverageWETH / DUSD
Interest
11.2%
LeveragewstETH / DUSD
Interest
12.45%
LeveragerETH / DUSD
Interest
15.09%
Yield-bearing leveragesyrupUSDC / DUSD
Net APY
9.01%
Yield-bearing leveragesUSDe / DUSD
Net APY
8.66%
SupplySupply DUSD
Current lending rate
0.16%
LeveragefrxUSD / DUSD
Interest
0%
LeverageWETH / DUSD
Interest
11.2%
LeveragewstETH / DUSD
Interest
12.45%
LeveragerETH / DUSD
Interest
15.09%
Ways to use DUSD
Borrow, lend, and get rewarded
Use DUSD across isolated markets to access liquidity, earn from borrower demand, and accumulate ALTO rewards.
Borrow
3.44%
Borrow from
Borrow DUSD against your collateral while integrated yield strategies help offset interest and support self-repaying positions.
Lend
0.16%
Lending rate
Supply DUSD to an individual Borrow Market. Lending rates depend on market utilization and may change.
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
Peg-Responsive Interest Rate Model (PRM): A deep dive
This article covers the release of the Peg-Responsive Interest Rate Model (PRM), the new depeg-protection mechanism for DUSD.
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.
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