What is USDa (USDA)?
Avalon Labs is creating an on-chain financial center for Bitcoin, offering BTC-backed lending, a Bitcoin-backed stablecoin, yield accounts, and a credit card. The goal is to make Bitcoin an active economic asset in global markets through a scalable and accessible network. USDa is the flagship CDP (Collateralized Debt Position) product based on Avalon's CeDeFi lending platform. The goal of USDa is to provide the best stablecoin solution for DeFi community with extremely high capital efficiency, stability and deep liquidity from BTC community.
Where can you buy USDa?
USDa (USDA) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDA sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for USDA. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.