AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
"Bitcoin-Backed Stablecoin sUSDa Lists on Pendle, Offering 28.71% APY"
Generated by AI AgentCoin World
Sunday, Jan 26, 2025 11:22 pm ET1min read
Bitcoin-backed stablecoin sUSDa has been listed on the Pendle platform, marking a significant milestone for the BTCFi ecosystem. This innovative protocol, developed by Avalon Labs, allows users holding PT-sUSDa to earn a fixed annual percentage yield (APY) of 28.71% until maturity. Liquidity providers can achieve even higher returns, with an impressive APY of 31.56%.
Avalon Labs, a leading financial infrastructure platform in the BTCFi field, has successfully secured a total value locked (TVL) of over $2 billion, showcasing its prominence in the digital finance landscape. In 2024, the company successfully completed a $10 million Series A funding round led by Framework Ventures, further solidifying its competitive edge in the crypto finance sector.
The listing of sUSDa on Pendle is a testament to Avalon Labs' commitment to driving innovation and growth in the crypto finance sector. By offering attractive returns and a robust infrastructure, Avalon Labs continues to attract investors and solidify its position as a key player in the digital finance landscape.
Coin World
Quickly understand the history and background of various well-known coins
Latest Articles
XRP News Today: Vanguard Shifts Stance on Crypto ETFs, Citing Matured Markets and Demand
Dec.02 2025
Alphabet's AI Ecosystem Fuels Flywheel Growth, Propelling Stock 68% in 2025
Dec.02 2025
Striking Baristas Secure $38.9M in Restitution, But Contract Battles Brew On
Dec.02 2025
Bitcoin News Today: Bitcoin's RSI Signals Cyclical Reset as Market Waits for Fed's Decisive Move
Dec.02 2025
Corporate Strategies Test Balance Between Growth and Sustainability
Dec.02 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet