Avalon
AVL

0.3103
$
4.14 %
Change 24h
Market Cap
$ 50,408,500
Volume 24h
$ 57,880,700
Circulating Supply
161,683,000
Total Supply
1,000,000,000
AVL
$
Description
Avalon Labs is creating an on-chain financial center for Bitcoin, offering a wide range of innovative solutions, including BTC-backed lending, a Bitcoin-backed stablecoin, yield-generating accounts, and even a credit card. The goal is to create a scalable, transparent, and accessible financial network that empowers Bitcoin holders and enables the use of Bitcoin as a dynamic economic asset. AVL is the governance token of Avalon Labs ecosystem. Avalon Labs has redefined the landscape of Bitcoin-backed finance. From its beginnings as the world’s largest issuer of Bitcoin-backed CDPs, Avalon has continuously innovated to create a dynamic, Bitcoin-centered financial ecosystem. Starting with lending, Avalon expanded its offerings to include DeFi lending, CeDeFi fixed-rate models, and, most recently, the launch of stablecoins. This strategic progression, always driven by community demand, has positioned Avalon as the heartbeat of the next generation of on-chain finance. And now, with the introduction of AVL, we are taking community-driven governance to new heights, allowing users to actively shape the future of Avalon.