Bybit Exclusively Launches Avalon Token: 50% APR, 10K USDT Rewards

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the exclusive launch of Avalon Token (AVL) on its spot trading platform. This partnership with Avalon Labs, the leading issuer of Bitcoin-backed stablecoins, offers an incentive-based savings mechanism through Bybit Earn's Fixed Savings programs. Users can earn up to 50% APR during a structured staking period, with approximately 10,000 USDT worth of AVL tokens distributed as rewards.

Avalon Labs, through its governance token AVL, aims to integrate USDa into the broader DeFi ecosystem, promoting adoption and potentially increasing sUSDa yields. AVL holders can vote on AVL emission processes, creating a bribe market and maximizing capital efficiency. The total supply of AVL tokens is one billion, essential for the platform's functionality and governance.

From February 12 to March 12, 2025, AVL holders can enjoy exclusive earning opportunities on Bybit Spot Trading and Bybit Convert. Fixed savings plans are available for 7-day and 15-day terms at 25% and 50% APR, respectively. Rewards are distributed daily on a first-come, first-served basis.

Joan Han, Sales & Marketing Director at Bybit, commented, "Bybit is committed to bringing high-potential digital assets to our users, and AVL is a prime example of innovation by the largest issuer of Bitcoin-backed stablecoins. With the exclusive launch of AVL and its integration into Bybit Earn, we're excited to provide our community with unique opportunities to maximize their crypto holdings."

Bybit has consistently demonstrated its dedication to increasing the accessibility of cutting-edge digital assets, becoming the first exchange to list AVL. Since its founding in 2018, Bybit has grown to be a major force in cryptocurrency trading, offering access to spot and derivatives markets, earning options, and advanced trading tools. Avalon Labs, focusing on the loan industry, provides innovative synthetic dollar protocols like USDa, allowing users greater capital efficiency and liquidity.