Avalon Labs manages over 20,000 BTC and has more than 300,000 active users

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May 26, 2025

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Its user base boasts of over 300k active users and more than 20,000 BTC currently serviced.
Avalon Labs currently manages more than 20,000 Bitcoins and has a base of 300,000 active users. Its services include BTC-collateralized loans, yield-bearing savings accounts, a credit card, and USDa — a Bitcoin-backed stablecoin. USDa has become the second-largest CDP on DeFiLlama, with over $500 million in total value locked
The platform goes beyond stablecoins to include BTC-backed lending, yield-bearing savings accounts, and a Bitcoin-collateralized credit card, managing more than 20,000 BTC.

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05/26/2025
Week 22 of 2025