CryptoCurrencies
16107
Exchanges
500
Total Market Cap
3,535,559,803,424
Volume 24h
255,504,710,002
Dominance
BTC 54.20%   ETH 11.47%   USDT 3.95%   XRP 3.65%

sUSDa
SUSDA

1.025
$
1.34 %
Change 24h
Market Cap
$ 34,980,979
Volume 24h
$ 21,094
Circulating Supply
34,149,382
Total Supply
200,000,000
SUSDA
$
# Exchange Pair Price Volume 24h

Description

Avalon Labs is creating an on-chain financial center for Bitcoin, offering BTC-backed lending, a Bitcoin-backed stablecoin, yield accounts, and a credit card. The goal is to make Bitcoin an active economic asset in global markets through a scalable and accessible network. USDa is the flagship CDP (Collateralized Debt Position) product based on Avalon's CeDeFi lending platform. The goal of USDa is to provide the best stablecoin solution for DeFi community with extremely high capital efficiency, stability and deep liquidity from BTC community. sUSDa is a yield-bearing version of USDa. By staking USDa, users receive sUSDa, which earns yield through borrowing rates and other protocol revenue. This mechanism allows users to generate scalable and sustainable returns, enhancing the value proposition of USDa in both DeFi and CeDeFi ecosystems.