Users deposit BTC and BTC derivatives as collateral to borrow USDa or other assets across isolated lending markets, with CeDeFi infrastructure managing risk and liquidity.

Avalon Finance is a multi-chain CeDeFi lending protocol focused on unlocking Bitcoin liquidity. It offers BTC-backed lending, the USDa stablecoin, and yield products across 20+ chains with over 50 isolated lending markets.

Retail and institutional users seeking Bitcoin-backed lending and stablecoin services.

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Avalon Finance

# Token turnover (circulating) Methodology

## Overview

Token turnover (circulating) measures how frequently a project's token changes hands relative to its circulating market cap. It is calculated as the average daily token trading volume divided by the circulating market cap, indicating liquidity and trading activity relative to the token's circulating valuation.

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

Avalon FinanceAVL

Token turnover (circulating)

Token turnover (circulating)

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