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.
You may also like
Arbitrum DAO considers recovering unused funds from Game Catalyst program
The U.S. government currently holds $17.621 billion worth of cryptocurrencies
QCP: Options market remains cautious on risky assets
Trending news
MoreCrypto prices
More
