Total Tracked$344.64B
RWA ex-Stablecoins$46.82B
Stablecoins$291.42B
Treasuries$8.62B
Gold$5.44B
LIVE
Discovery Hub
$0.9671
0.00% 24h
Rank #280

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.

  • Macro context: USDA is part of the tokenized money market, which represents only ~0.283% of global M2 money supply today.

Data as of Sep 6, 2026

Price performance

7D

—

14D

—

30D

—

1Y

-2.69%

All-time

-3.40%

Market Cap

$94.54M

24h Volume

$0

On-Chain Holders

77.87K

Summed across all deployed chains (per-chain wallets not de-duplicated)

Underlying

Fiat / RWA-backed stablecoin

PermissionlessWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#280

Circulating Supply

97.76M

Total Supply

97.76M

All-Time High

$1.02 · 2025-01-13

Categories

StablecoinsEthereum Ecosystem

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Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.