# Avalon Labs

> Powering Bitcoin On-Chain Capital Markets

Avalon Labs is a Bitcoin lending platform. It lets Bitcoin holders borrow, lend and earn yield on their BTC through on-chain markets, fixed-rate credit lines and the Bitcoin-backed USDa stablecoin.

Avalon Labs is a Bitcoin lending platform that combines on-chain lending markets with custodial credit lines. Users lend, borrow and earn yield on Bitcoin and Bitcoin derivatives, and can mint the USDa stablecoin against BTC collateral. It serves Bitcoin holders and institutions that want liquidity without selling their Bitcoin.

The on-chain side runs more than 50 isolated lending markets for wrapped and liquid-staked Bitcoin tokens across more than 20 public chains. Its CeDeFi credit line gives institutions a fixed 7% annual borrowing rate, with the BTC collateral held by an independent custodian. USDa is minted through a collateralized debt position, and depositing USDa into a savings vault returns the yield-bearing sUSDa token.

Its flagship product is Avalon USDa, alongside Avalon DeFi Lending and the USDaLend market, and the AVL token is used for governance. Super Earn vaults pay yield in USDC from lending and market-neutral strategies. Avalon Labs is used by Bitcoin holders, DeFi lenders and borrowers, and institutional borrowers.

- Type: Company
- Sector: DeFi
- Status: Active
- Founded: 2024-02-01
- Profile: https://thegrid.id/profiles/avalonfinance_xyz

## Products

- [USDaLend](https://thegrid.id/profiles/avalonfinance_xyz): USDaLend provides decentralized lending services backed by USDa credit lines, allowing users to lend and borrow Bitcoin-backed stablecoins with stable and transparent rates across multiple blockchain networks. (Decentralised Borrowing & Lending, Live)
- [Avalon USDa](https://thegrid.id/profiles/avalonfinance_xyz): Avalon USDa platform mints USDa stablecoin through Bitcoin collateralization, enabling users to deposit FBTC or USDT to generate USDa at 1:1 ratio with 8% fixed borrowing rate and conversion guarantee to USDT. (Stablecoin Issuer, Live, Main Product)
- [Avalon DeFi Lending](https://thegrid.id/profiles/avalonfinance_xyz): Avalon DeFi Lending provides decentralized liquidity protocols for Bitcoin Liquid Staking tokens and Bitcoin derivatives, creating yield opportunities for Bitcoin holders through isolation pool mechanisms. (Decentralised Borrowing & Lending, Live)
- [Avalon CeDeFi Lending](https://thegrid.id/profiles/avalonfinance_xyz): Avalon CeDeFi Lending is a centralized lending service that gives institutions a Bitcoin-backed stablecoin credit line at a fixed 7% annual rate. Borrowers deposit BTC or FBTC as collateral, which an independent custodian holds, and request USDT loans sized by loan-to-value, with loans and collateral withdrawals released within one to two business days. The stablecoins come from institutional lenders, and Avalon runs liquidations through its own trading system to limit market impact. (Centralised Borrowing & Lending, Live)
- [Super Earn](https://thegrid.id/profiles/avalonfinance_xyz): Super Earn is a yield vault product from Avalon Labs where users deposit tokens and earn returns paid in USDC. Its on-chain vault earns from lending, liquidity provision and protocol incentives across the Avalon ecosystem, while a market-neutral vault earns from basis trading, funding-rate arbitrage and cross-venue spreads. Users pick a vault by target return and risk profile, and a real-world asset vault for private credit is listed as coming soon. (Yield Aggregator, Live)

## Assets

- [USDa (USDa)](https://thegrid.id/profiles/avalonfinance_xyz): USDa is a USD-pegged stablecoin issued by Avalon Labs, collateralized entirely by Bitcoin. It is used to unlock liquidity from Bitcoin holdings at a fixed borrowing rate, and for collateral in DeFi applications. The stablecoin operates as a collateralized debt position, meaning it is minted by users who deposit BTC as collateral into the Avalon platform, ensuring each token is backed by more value in Bitcoin than the USDa issued. (Stablecoin)
- [sUSDa (sUSDa)](https://thegrid.id/profiles/avalonfinance_xyz): sUSDa is a yield-bearing token received when depositing USDa into Avalon's savings vault. It is used to earn yield sourced from USDa borrowing rates and revenues from Avalon's lending platform. The token grows in value over time rather than increasing in quantity, meaning each sUSDa becomes worth more USDa as the vault accumulates earnings from lending activity. (Liquid Staking Tokens (LSTs))
- [AVL (AVL)](https://thegrid.id/profiles/avalonfinance_xyz): AVL is the governance token of Avalon Labs, a Bitcoin-backed finance platform. It is used to vote on protocol decisions including token emissions and fee parameters, and holders can stake it to receive sAVL for fee rebates on borrowing costs. Staking AVL grants governance rights through sAVL, allowing holders to vote on AVL emissions, new products, protocol updates, and loan parameters that shape the platform's development. (Governance)

## Links

- [Main](https://www.avalonfinance.xyz)
- [Documentation](https://docs.avalonfinance.xyz)
- [Blog](https://medium.com/@avalonlabs)
- [Media Kit/branding](https://docs.avalonfinance.xyz/resources/avalon-media-kit)
- [Whitepaper](https://docs.avalonfinance.xyz/resources/micar-white-paper)
- [Privacy policy](https://docs.avalonfinance.xyz/resources/private-policy)
- [Terms of Service](https://docs.avalonfinance.xyz/resources/terms-and-conditions)
- [Twitter / X](https://x.com/avalonfinance_)
- [Discord](https://discord.gg/AvalonLabsDiscord)
- [Telegram](https://t.me/AvalonLabs_Official)
- [GitHub](https://github.com/avalonfinancexyz)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP