KEY TAKEAWAYS
- Bybit exclusively launches the Avalon Token (AVL), enhancing user engagement with high APR earning opportunities.
- Avalon Labs partners with Bybit to integrate AVL, aiming to boost DeFi adoption and liquidity through innovative financial solutions.
- Bybit reinforces its commitment to innovation by listing AVL, a governance token from the largest issuer of Bitcoin-backed stablecoins.
- The partnership offers structured staking periods with significant rewards, driving adoption within the Avalon ecosystem.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the exclusive launch of the Avalon Token (AVL) on its platform. This partnership with Avalon Labs marks Bybit as the first exchange to list AVL, offering unique earning opportunities for its users. The initiative is designed to enhance engagement within the Avalon ecosystem through Bybit Earn’s Fixed Savings plans, providing APRs of up to 50%.
The event, running from February 12 to March 12, 2025, allows AVL holders to participate in structured staking periods. Bybit has allocated approximately 10,000 USDT worth of AVL tokens to reward eligible participants. The Fixed Savings plans offer a 7-day term at 25% APR and a 15-day term at 50% APR, with rewards distributed daily on a first-come, first-served basis.
Partnership with Avalon Labs
Avalon Labs, recognized as the world’s largest issuer of Bitcoin-backed stablecoins, aims to build an on-chain financial hub for Bitcoin. The Avalon Token (AVL) serves as the governance token within this ecosystem, incentivizing the integration of USDa into the broader DeFi space. AVL also plays a role in reducing borrowing rates for USDa, unlocking idle BTC liquidity, and allowing sAVL holders to vote on emission mechanisms.
The total supply of AVL is capped at 1 billion tokens, forming a core component of Avalon Labs’ utility and governance framework. The integration of AVL into Bybit Earn is expected to drive adoption and boost yields within the Avalon ecosystem.
Bybit’s Commitment to Innovation
Bybit’s Sales & Marketing Director, Joan Han, emphasized the exchange’s commitment to bringing high-potential digital assets to its users. Han stated, “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.” The exclusive launch of AVL reinforces Bybit’s role in expanding the availability of innovative digital assets.
Since its establishment in 2018, Bybit has become a key player in the cryptocurrency trading space, offering access to spot and derivatives markets, earning solutions, and advanced trading tools. The exchange is recognized for its strong security infrastructure and user-centric experience.
Avalon Labs continues to focus on the lending market while introducing synthetic dollar protocols like USDa, enhancing capital efficiency and liquidity. This integration of lending and synthetic assets aims to deliver a more flexible and efficient DeFi experience.
For more information, the official announcement can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit has announced the exclusive listing of the Avalon Token (AVL) on its platform, offering up to 50% APR rewards through its Fixed Savings plans. This partnership with Avalon Labs aims to boost engagement within the Avalon ecosystem.
Recent industry reports indicate significant growth in the stablecoin market, with a $17 billion increase since the start of 2025. This aligns with the integration of AVL, which is designed to enhance liquidity in the DeFi space by leveraging Bitcoin-backed stablecoins.
As per insights from Chainwire, the listing of AVL on Bybit is seen as a potential catalyst for strong upward momentum in the token’s price. This supports Bybit’s strategic move to expand its offerings and enhance user engagement through innovative digital assets.
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