Total Value Locked$3
TVL by Chain
Ethereum$3
BSC$0
Mantle$0
Sonic$0
Berachain$0
Kaia$0
Movement$0
Key Metrics
Fees 30d$0
Fees 30d by chain
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Fees 7d$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Fees 24h$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Cumulative Fees$11.19m
Ethereum$8.94m
BSC$1.95m
Sonic$305,297
Berachain$0
Kaia$0
Mantle$0
Revenue 30d$0
Revenue 30d by chain
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Revenue 7d$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Revenue 24h$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Cumulative Revenue$11.19m
Ethereum$8.94m
BSC$1.95m
Sonic$305,297
Berachain$0
Kaia$0
Mantle$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Holders Revenue 7d$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Holders Revenue 24h$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Cumulative Holders Revenue$0
Berachain$0
BSC$0
Ethereum$0
Kaia$0
Mantle$0
Sonic$0
Protocol Information
USDa is the flagship CDP (Collateralized Debt Position) product based on Avalon's CeDeFi lending platform
Methodology
TVL: FBTC as collateral. Avalon-minted wrappers (lfbtc, WFBTC on berachain/kaia, FBTC on Movement) are excluded: deposited by the Avalon team only and USDa has no liquidity.View code on GitHubFees: Total interest paid by borrowers.View code on GitHubRevenue: All interest paid by borrowers.View code on GitHubHolders Revenue: View code on GitHubCompetitors
Avalon USDa history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 1, 2024 to Oct 26, 2026.
All-time high TVL: $682.57m on Oct 7, 2025. All-time low TVL: $2 on Jul 24, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $2 |
| Sep 28, 2026 | $2 |
| Sep 29, 2026 | $2 |
| Sep 30, 2026 | $2 |
| Oct 1, 2026 | $2 |
| Oct 2, 2026 | $2 |
| Oct 3, 2026 | $2 |
| Oct 4, 2026 | $2 |
| Oct 5, 2026 | $2 |
| Oct 6, 2026 | $2 |
| Oct 7, 2026 | $2 |
| Oct 8, 2026 | $2 |
| Oct 9, 2026 | $2 |
| Oct 10, 2026 | $2 |
| Oct 11, 2026 | $2 |
| Oct 12, 2026 | $2 |
| Oct 13, 2026 | $2 |
| Oct 14, 2026 | $2 |
| Oct 15, 2026 | $2 |
| Oct 16, 2026 | $2 |
| Oct 17, 2026 | $2 |
| Oct 18, 2026 | $2 |
| Oct 19, 2026 | $2 |
| Oct 20, 2026 | $2 |
| Oct 21, 2026 | $2 |
| Oct 22, 2026 | $2 |
| Oct 23, 2026 | $2 |
| Oct 24, 2026 | $2 |
| Oct 25, 2026 | $2 |
| Oct 26, 2026 | $2 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $482.91m |
| Dec 31, 2024 | $458.41m |
| Jan 31, 2025 | $533.57m |
| Feb 28, 2025 | $450.8m |
| Mar 31, 2025 | $467.87m |
| Apr 30, 2025 | $527.03m |
| May 31, 2025 | $581.72m |
| Jun 30, 2025 | $559.63m |
| Jul 31, 2025 | $656.59m |
| Aug 31, 2025 | $592.9m |
| Sep 30, 2025 | $612.62m |
| Oct 31, 2025 | $592.3m |
| Nov 30, 2025 | $494.1m |
| Dec 31, 2025 | $482.3m |
| Jan 31, 2026 | $457.67m |
| Feb 28, 2026 | $358.25m |
| Mar 31, 2026 | $362.66m |
| Apr 30, 2026 | $412.47m |
| May 31, 2026 | $415.96m |
| Jun 30, 2026 | $197m |
| Jul 31, 2026 | $2 |
| Aug 31, 2026 | $2 |
| Sep 30, 2026 | $2 |
| Oct 26, 2026 (latest) | $2 |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $82,403 | $82,403 | $0 |
| Dec 2024 | $1.74m | $1.74m | $0 |
| Jan 2025 | $238,943 | $238,943 | $0 |
| Feb 2025 | $66,707 | $66,707 | - |
| Mar 2025 | $38,246 | $38,246 | - |
| Apr 2025 | $1.07m | $1.07m | $0 |
| May 2025 | $0 | $0 | - |
| Jun 2025 | $178,253 | $178,253 | - |
| Jul 2025 | $0 | $0 | - |
| Aug 2025 | $1.87m | $1.87m | $0 |
| Sep 2025 | $3.12m | $3.12m | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Nov 2025 | $2.79m | $2.79m | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| May 2026 | $0 | $0 | $0 |
| Jun 2026 | $0 | $0 | $0 |
| Jul 2026 | $0 | $0 | $0 |
| Aug 2026 | $0 | $0 | $0 |
| Sep 2026 | $0 | $0 | $0 |
| Oct 2026 (to date) | $0 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/avalon-usda
Frequently asked questions
What is Avalon USDa's TVL?
As of Oct 26, 2026, Avalon USDa has $3 in total value locked. TVL has increased 49.9% over the past 30 days.
What chains does Avalon USDa operate on?
Avalon USDa operates on 7 chains: Ethereum, BSC, Mantle, Sonic, and Berachain and 2 others. Ethereum holds the largest share at 100%.
How much has Avalon USDa generated in fees and revenue?
Over the past 30 days, Avalon USDa generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $2.79m in fees and $2.79m in revenue.
How does Avalon USDa's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Avalon USDa ranks #175 by TVL. The category holds $7.472b across 200 protocols, and Avalon USDa accounts for <0.1% of that total. Similar protocols include Reservoir Protocol, BIMA CDP, USDD, Abracadabra Spell, QiDao, Angle, Parallel Protocol V3, Gravita Protocol, Davos Protocol, and MahaDAO Arth.

