Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$126.28KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $126.28K | -- | -- | -- |
| Sep 2026 | $220.05K | -- | -- | -- |
| Aug 2026 | $149.07K | -- | -- | -- |
| Jul 2026 | $145.78K | -- | -- | -- |
| Jun 2026 | $90.36K | -- | -- | -- |
| May 2026 | $147.37K | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About Upshift
Upshift is an onchain yield platform providing multi-chain, multi-protocol vault infrastructure for institutional and professional users. Its core business lets teams design, deploy, and manage vaults that execute DeFi and CeFi strategies, such as lending, basis trades, and tokenized real-world credit, across 30+ chains and 70+ protocols.
Its key differentiators are broad strategy coverage, onchain transparency, and risk controls. Vaults enforce whitelisted protocols and chains via a policy engine, and all allocations are traceable onchain. The platform also provides independent reporting and audit-ready data, with contracts having undergone 10 audits by 6 firms as of August 2026.
The market pain point Upshift addresses is the lack of institutional-grade infrastructure in DeFi vaults: limited strategy options, opaque risk exposure, and poor reporting for compliance. It solves this by offering a full-stack toolkit for custom vaults with enforced risk parameters and transparent, auditable operations.
In the past six months (2026-03-04 to 2026-09-04), Upshift deployed its vault infrastructure on Solana in collaboration with Sentora and Fordefi, expanding beyond its earlier multi-chain footprint. Its peak TVL reached over $550M during this period. No major negative events were reported in the available sources.
In March 2025, Upshift completed a $10M Series A led by Dragonfly; in April it spun out of August and exited stealth with roughly $250M in deposits, positioning itself as an institutional-grade DeFi yield platform for retail users. This marked its transformation from an internal brokerage tool into an independent platform.
In April 2026, Upshift partnered with Securitize Fund Services to bring fund administration, independent accounting, and audit-ready reporting to onchain vaults, addressing the lack of third-party verification and paving the way for institutional capital and regulated participation.
In May 2026, earnUSDnr, built on Upshift vault infrastructure, became the core stablecoin yield product on Fluent mainnet, demonstrating its role as a default yield layer for new chains. By then, Upshift had surpassed $550M in peak TVL and processed over $50B in trading volume, marking its evolution from a single-chain tool into multi-chain financial infrastructure.
Over the past six months (2026-03-04 to 2026-09-04), Upshift has made significant strides in institutional-grade onchain yield infrastructure. Key developments include:
Kraken Institutional Partnership: Launched permissioned vaults allowing eligible clients to deploy idle treasury assets into curated onchain strategies directly from Kraken's qualified custody, with assets held in segregated accounts and not rehypothecated.
Securitize Fund Services Collaboration: Introduced independent, audit-ready reporting and fund administration infrastructure for onchain vaults, bringing institutional-grade transparency and reconciliation to the platform.
Fluent Mainnet Launch: Deployed earnUSDnr, a canonical stablecoin yield vault on Fluent, with SharpByte Capital managing allocation through an onchain policy engine.
Axis Origin Vault: Launched a market-neutral arbitrage vault on Ethereum with a $50M cap, offering 10-20% base APY and self-custody throughout.
Scale Metrics: Processed over $550M in peak deposits across 50+ vaults on 30+ chains, with 10 smart contract audits by 6 independent firms.
Future Focus: Upshift aims to expand its multi-chain vault infrastructure, deepen institutional partnerships (custody, fund admin), and enhance policy-engine capabilities for granular risk control. The roadmap emphasizes scaling to more chains, onboarding professional curators, and building out the compliance and reporting layer to attract regulated capital.
Co-founder & Co-CEO: Alexandre Elkrief (Alex). BSc in Mathematics from Imperial College London, MSc in Mathematical & Computational Engineering from Stanford. Former Portfolio Manager at LedgerPrime, co-founder & President of Knowhere, interned at Deutsche Bank and Goldman Sachs.
Co-founder & Co-CEO: Aya Kantorovich. Founding team member of FalconX, Head of Institutional Coverage there; previously Associate at Pantera Capital and Manager at Tegus. Co-founded August (formerly Fractal) and Upshift.
Head of Growth: Ethan Luc. Leads growth at Upshift; previously Head of Marketing & Product at Lava Network and Data & Analytics Insight at PwC.