Key milestones and important events in this wiki's history
1st November 2024
Avalon Labs introduced USDa, a BTC-backed stablecoin, and its yield-bearing counterpart, sUSDa, built on LayerZero for omnichain compatibility.
1st January 2025
The price of sUSDa reached an all-time high of $1.07, as recorded by CoinGecko.
1st October 2025
Avalon Labs announced that sUSDa staking vaults went live on Canopy, the DeFi hub of the Movement ecosystem, expanding its BTC-backed yield offerings.