Bitcoin stablecoin sUSDa is now available on Pendle
on January 27th, the Bitcoin stablecoin protocol AvalonLabs announced that sUSDa is now officially available on the Pendle platform. Users holding PT-sUSDa can earn a fixed APY of 28.71% until maturity, and holding LP can earn up to 31.56% APY. As a leading financial infrastructure platform in the BTCFi field, AvalonLabs' total locked value (TVL) has exceeded $2 billion. In 2024, AvalonLabs successfully completed a $10 million Series A financing led by Framework Ventures, further consolidating its competitive advantage in the crypto finance field.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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