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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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$AVL climbs above 28% as Avalon Labs unveils Institutional Bitcoin lending Facility
$AVL, native utility & governance token of Avalon Labs, a platform powering Bitcoin onchain capital markets, is up more than 28% in the past 24hours, & now trades around $0.2532, with inflow of $16.73M, & trading volume of $14.38M, as per Gate.io chart.
Avalon Labs has announced the launch of its institutional Bitcoin lending product, & overcollateralized, on-chain credit facility built for scale, security, & transparency. With the latest move, AVL is unlocking stable rates, flexible terms, & top partners onboard for BTC-holding institutions. The advanced fixed-borrow rate system offers a stable & predictable cost of capital, enabling the optimisation of yield opportunities with confidence.