 
 
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Avalon Labs and Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, have teamed up to announce the exclusive launch of Avalon Token (AVL) on Bybit Spot. Through Bybit Earn’s Fixed Savings programs, this partnership offers an incentive-based savings mechanism to increase involvement within the Avalon ecosystem. APRs of up to 50% are available during a structured staking period, and roughly 10,000 USDT worth of AVL tokens have been distributed to reward qualified players.
Avalon Labs is the biggest issuer of stablecoins backed by Bitcoin in the world. Constructing the best on-chain financial center for Bitcoin, providing a smooth ecology with a credit card, yield-generating accounts, BTC-backed loans, and a stablecoin backed by Bitcoin. Avalon Labs’ governance token is called Avalon Token (AVL). In addition to governance, AVL encourages USDa’s incorporation into the larger DeFi ecosystem, which promotes adoption and may increase sUSDa yields. Staking AVL unlocks idle Bitcoin liquidity by lowering borrowing rates for USDa in its lending offering. AVL holders can vote on AVL emission processes to further maximize capital efficiency, creating a bribe market.
The entire supply consists of one billion AVL tokens, which are essential to the platform’s functionality and governance structure.
From February 12 to March 12, 2025, AVL holders can take advantage of exclusive earning possibilities during this event. Bybit Spot Trading offers AVL, and Bybit Convert facilitates conversions. Plans for fixed savings are set up for a 7-day term at 25% annual percentage rate and a 15-day term at 50% APR. Throughout the event, rewards are given out every day on a first-come, first-served basis.
 
“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,” said Joan Han, Sales & Marketing Director at Bybit. “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 demonstrated its dedication to increasing the accessibility of cutting-edge digital assets by becoming the first exchange to list AVL. Since its founding in 2018, Bybit has emerged as a major force in cryptocurrency trading by offering access to spot and derivatives markets, earning options, and cutting-edge trading tools. Well-known for its robust security framework and user-friendly interface, Bybit keeps pushing the boundaries of digital asset development.
Avalon Labs focuses on the loan industry and provides cutting-edge synthetic dollar protocols like USDa, allowing users greater capital efficiency and liquidity. By skillfully combining the benefits of loan and synthetic assets, Avalon offers a more adaptable and effective DeFi experience.
Source: https://zycrypto.com/bybit-marks-the-exclusive-launch-of-avalon-token-avl-on-bybit-spot/