Avalon Labs
Avalon Labs is a DeFi protocol offering Bitcoin-backed lending, the USDa stablecoin, and yield products through SuperEarn, serving institutional borrowers, individual Bitcoin holders, and RWA investors across 20+ public chains.
- Company typePrivate
- Founded2021
- Headquarters—
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Avalon Labs does
Avalon Labs is a DeFi protocol that integrates centralized finance features (CeDeFi) to deliver Bitcoin-backed lending, borrowing, and yield products. Its core offerings include the USDa stablecoin (the first Bitcoin-collateralized stablecoin), an on-chain lending protocol for Bitcoin liquid staking tokens and derivatives, and the SuperEarn yield platform spanning on-chain yield, delta-neutral basis strategies, RWA-backed private credit, BTC yield, and a Tether Gold (XAUT) vault. The platform deploys across 20+ public chains with 50+ isolated lending markets, holds assets only via independent regulated third-party custodians, and offers the only fixed-rate (8% APR) borrowing model in crypto with a client-aligned liquidation policy.
The business model is fee- and spread-driven: Avalon captures an interest spread between institutional borrowers (8% fixed) and on-chain lenders (~1% supply APY), earns platform fees on SuperEarn yield products, and operates an AVL governance token with staking, rewards, and protocol-fee distribution mechanics. GTM combines a self-serve PLG motion via web3 wallet–accessible apps, a dedicated institutional sales motion with KYB onboarding for corporations, and community-driven growth across Discord, Telegram, and X. Customer segments include KYB-verified institutional borrowers, retail and professional Bitcoin holders seeking liquidity without selling, and RWA-oriented investors; the founding team's prior RWA venture (2021–2023) — including a stablecoin and on-chain T-Bill product that both coincided with the UST/Luna and FTX collapses — informed the 2024 pivot to Bitcoin-native lending.
Avalon Labs firmographics
Firmographics- Name
- Avalon Labs
- Legal name
- Avalon Labs
- Website
- https://avalonfinance.xyz
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Avalon Labs is a DeFi protocol offering Bitcoin-backed lending, the USDa stablecoin, and yield products through SuperEarn, serving institutional borrowers, individual Bitcoin holders, and RWA investors across 20+ public chains.
- Ownership category
- akta.pro rank
Avalon Labs industry classification
Industry- Product category
- Decentralized Finance (Bitcoin Lending & Stablecoin)
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Decentralized Lending & Borrowing Protocols (FSADAMAA)
- akta.pro secondary industries
- Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)
Keywords
Avalon Labs business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Lending Interest Spread: Earn interest spread between borrower's fixed rate (8%) and lender's supply APY on Bitcoin-backed loans across 50+ isolated lending markets.
- SuperEarn Yield Products: Platform fees from managing diversified strategy portfolios including quantitative market-neutral trading, RWA allocation, and institutional-grade asset-backed private credit.
- AVL Token Economy: Token staking rewards, governance participation, and potential protocol fees distributed to AVL token holders. ~8% of AVL currently staked.
- Multi-Chain Deployment: Protocol deployment across 20+ public chains generates network effects and cross-chain fee opportunities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | USDC On-Chain Yield: ~6% APY, Max Downside 0% |
| Usage-based | Pay-as-you-go | Delta-Neutral Strategy Yield: ~10% APY, Max Downside -0.33% |
| Usage-based | Pay-as-you-go | RWA Yield: 8-10% APY, Senior secured, Overcollateralized |
| Usage-based | Pay-as-you-go | BTC Yield (DeFi): ~3% APY |
| Usage-based | Pay-as-you-go | XAUT Yield Vault: Institutional Market-Neutral & Secured Lending |
| Usage-based | Monthly | Fixed-Rate Institutional Borrowing: 8% APR |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels8 records
Avalon Labs product offering
Product offeringCore offering
Avalon Labs operates a DeFi and CeDeFi platform that enables Bitcoin holders to lend, borrow, and earn yield on their BTC without selling. Its core products include USDa (the first Bitcoin-collateralized stablecoin), SuperEarn (a multi-strategy yield platform for stablecoins, BTC, XAUT and RWA), an on-chain DeFi lending protocol for BTC liquid staking tokens, and an institutional fixed-rate Bitcoin-backed borrowing service at 8% APR. The platform is deployed across 20+ public chains with 50+ isolated lending markets.
Differentiator
Problem solved
Functional benefit
Brands
- Super Earn: Yield generation platform offering On-Chain Yield, Delta-Neutral Strategy Yield, Real-World Asset (RWA) Yield, BTC Yield, and XAUT Yield Vault products for stablecoin and Bitcoin holders.
- USDa
- AVL
- Avalon DeFi Lending
Products and services
- SuperEarn
- USDa Stablecoin World's first Bitcoin-collateralized stablecoin, providing Bitcoin holders with instant liquidity and a fixed borrowing rate. Backed by overcollateralized Bitcoin positions held by independent regulated custodians; allows users to unlock liquidity from BTC without selling and retain asset ownership. Ranked among Top 2 CDPs on DeFiLlama.
- Institutional Bitcoin-Backed Borrowing Fixed-rate 8% APR Bitcoin-backed borrowing product for qualified institutional clients who complete KYB verification. Features open-term loans, typical 60% LTV, 0% origination fee, third-party regulated custody of collateral, and a client-aligned liquidation policy with proactive support safeguards.
- On-Chain DeFi Lending Protocol Largest decentralized liquidity protocol for Bitcoin Liquid Staking tokens and Bitcoin derivatives (WBTC, SolvBTC, BTCB, LBTC, BNB). Supports supply and borrow with variable APY across 50+ isolated lending markets deployed on 20+ public chains. Designed for self-custodial DeFi users.
- AVL Governance Token Governance token for Avalon Labs, enabling staking (sAVL), earning rewards, voting, and influencing platform decisions. Approximately 8% of AVL is currently staked. Listed on Binance Alpha, Bybit, Bithumb, Bitpanda, PancakeSwap, and Ascendex.
- Gold-Backed Yield Product (XAUt) Institutional yield product on SuperEarn that combines tokenized gold (Tether Gold XAUT) with quantitative market-neutral strategies and secured lending. Targets KYB-verified institutional investors seeking regulated, gold-backed yield exposure.
Quantifiable outcome
- $100B+ loaned, 300,000+ users, 20,000+ BTC serviced
- +3 more outcomes
Companies that use Avalon Labs
Customer profileSegments4 records
Ideal customer profiles3 records
Avalon Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Avalon Labs partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Pharos NetworkcoreStrategic partnership within RealFi Alliance to build productive capital infrastructure for onchain finance. Avalon contributes Bitcoin-backed lending capabilities to the alliance focused on real yield product designs.
- CirclecoreRealFi Alliance partner providing USDC/CCTP settlement infrastructure enabling cross-blockchain stablecoin transfers within the alliance.
- TermMax FinancecoreRealFi Alliance partner contributing onchain fixed-income products to joint real yield product designs.
- Tulipa CapitalcoreRealFi Alliance partner contributing institutional capital allocation frameworks to collaborative real yield product designs.
- Bybit EarnminorAvalon Lending selected as Bybit Earn partner (announced Apr 2025), enabling Bybit users to access Bitcoin-backed lending products.
Scale indicators19 records
Recent moves6 records
Expansion highlights6 records
Avalon Labs competitors and assessment
Company assessmentDirect peers
- Aave: Aave is the largest decentralized lending protocol, offering variable-rate lending and borrowing across multi-chain deployments. It competes directly with Avalon's on-chain lending protocol for market share in crypto-collateralized borrowing, though Avalon's fixed-rate and Bitcoin specialization differentiate it.
- MakerDAO / Sky: MakerDAO operates the DAI stablecoin via overcollateralized CDP vaults, the dominant crypto-backed stablecoin issuer before Avalon's USDa. MakerDAO/Sky is the primary direct competitor to USDa as a Bitcoin-collateralized CDP (WSTETH, ETH primarily, now exploring BTC).
- Compound: Compound is a foundational DeFi lending protocol offering algorithmic, variable-rate money markets. It competes with Avalon for general crypto lending liquidity but lacks Avalon's fixed-rate innovation and Bitcoin-specific focus.
- Morpho: Morpho is an optimized lending protocol building on Aave/Compound with peer-to-peer matching and institutional vault products (Morpho Blue). It targets the same institutional and high-efficiency lending segment that Avalon is pursuing with SuperEarn and fixed-rate borrowing.
- Spark Protocol: Spark is Sky/MakerDAO's flagship lending product and a major CDP competitor. It offers variable-rate lending and stablecoin (sDAI) generation, positioning it as a direct rival to Avalon's USDa minting and SuperEarn yield products.
- Maple Finance: Maple is an institutional-focused DeFi credit platform offering undercollateralized and overcollateralized lending pools with KYC/KYB onboarding. It competes with Avalon's institutional Bitcoin lending portal for corporate treasury borrowers and yield-seeking institutional capital.
- JustLend (TRON): JustLend is TRON's flagship lending protocol with significant TVL and broad asset coverage. It competes with Avalon in cross-chain DeFi lending, particularly for Asian and emerging market users excluded from Avalon's main geographies.
- Venus Protocol: Venus is a BSC-based money market and synthetic stablecoin issuer (VAI). It serves a similar role to Avalon's on-chain lending protocol in the BSC/BNB Chain ecosystem, overlapping on multi-chain Bitcoin LST collateral types.
Emerging players
- Solv Protocol: Solv issues Bitcoin liquid staking tokens (SolvBTC) that are listed as collateral on Avalon's lending protocol. It represents an emerging player in the BTC DeFi stack with overlapping user base but complementary product offering to Avalon.
- Lombard Finance: Lombard is a Bitcoin liquid staking and DeFi protocol (LBTC) that serves as collateral on Avalon. It represents an emerging competitor in the Bitcoin DeFi ecosystem with overlapping goals of unlocking Bitcoin liquidity without selling.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Avalon Labs social profiles
Digital presenceAvalon Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avalon Labs leadership team
Management profileNumber of profiles
Avalon Labs funding detail
Funding detailFunding overview
Funding rounds4 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avalon Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avalon Labs
What does Avalon Labs do?
Avalon Labs operates a DeFi and CeDeFi platform that enables Bitcoin holders to lend, borrow, and earn yield on their BTC without selling. Its core products include USDa (the first Bitcoin-collateralized stablecoin), SuperEarn (a multi-strategy yield platform for stablecoins, BTC, XAUT and RWA), an on-chain DeFi lending protocol for BTC liquid staking tokens, and an institutional fixed-rate Bitcoin-backed borrowing service at 8% APR. The platform is deployed across 20+ public chains with 50+ isolated lending markets.
Is Avalon Labs a public or private company?
Avalon Labs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Avalon Labs founded?
Avalon Labs was founded in 2021. It employs 11 to 50 people.
How does Avalon Labs make money?
Four revenue lines are on record. Lending Interest Spread is the primary driver. The others are superEarn Yield Products, AVL Token Economy and multi-Chain Deployment.
Who are Avalon Labs's main competitors?
Direct peers on record are Aave, MakerDAO / Sky, Compound, Morpho, Spark Protocol, Maple Finance, JustLend (TRON) and Venus Protocol. Emerging players are Solv Protocol and Lombard Finance.
Does Avalon Labs have an API?
No public API is recorded for Avalon Labs.
What industry is Avalon Labs in?
Avalon Labs's product category is Decentralized Finance (Bitcoin Lending & Stablecoin). Its primary akta.pro industry code is FSADAMAA, Decentralized Lending & Borrowing Protocols, with a secondary code of FSADAFAN, Lending Protocol Infrastructure (Oracles, Rate Models, Vaults). Its NAICS code is 522320 and its SIC code is 6200.