Avalon Labs is a leading financial infrastructure platform in the BTCFi sector, dedicated to enhancing the utility of Bitcoin within its ecosystem. The platform enables users to unlock the value of their Bitcoin holdings by using them as collateral to obtain USDa, a Bitcoin-backed stablecoin. This approach allows users to access liquidity without the need to sell their Bitcoin assets.

In addition to USDa, Avalon Labs offers a suite of financial products designed to meet diverse user needs. These include Bitcoin-backed loans, interest-bearing savings accounts, and a credit card, all tailored to provide flexible and accessible financial solutions within the Bitcoin ecosystem.

Avalon Labs has achieved significant milestones, including surpassing $2 billion in total value locked (TVL) and maintaining a fixed borrowing rate of 8%. The platform has also expanded its services across multiple blockchain networks, including Ethereum, BNB Chain, and Bitlayer, to offer comprehensive DeFi and CeDeFi lending solutions.