Avalon Labs

Bitcoin-Backed USDa Becomes Second-Largest CDP Project With $700M TVL

USDa is one of the world’s first Bitcoin-backed stablecoin in contrast to leading stablecoins such as USDT and USDC. Avalon Labs made waves in the industry when it first issued USDa. And, the stablecoin is now creating waves in the ongoing bull market with its TVL record. As per the

December 11, 2024 2 mins read

Avalon Labs CeDeFi Lending Reaches Over 30M in Bitcoin-Backed Loans in Just 2 Days

Avalon Labs has launched the first-ever on-chain CeDeFi lending platform, surpassing $30M in Bitcoin-backed loans within just two days. The platform provides unlimited stablecoin supply at a fixed 8% interest rate, setting a new benchmark for both retail and institutional lending. Avalon Labs’ CeDeFi (Centralized-Decentralized Finance) Lending Platform integrates the

August 28, 2024 3 mins read