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Record sog_st_usda
USDa/Avalon USDa
Also recorded as USDa, Avalon USDa, Avalon Labs USDa
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- US dollar
- Primary organization
- Avalon LabsNo additional recorded relationship
- Launch
- 2024-11-07
- Redemption
- Protocol Based
- Backing
- Crypto-collateralized
- Stabilization
- Overcollateralized vault
- Last review
- 2026-06-23
- Evidence
- 5 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Avalon Bitcoin-backed overcollateralized dollar using CDP and CeDeFi structures.
| Name | Avalon USDa |
|---|---|
| Symbol | USDa |
| Aliases | USDa, Avalon USDa, Avalon Labs USDa |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_usda |
| Route slug | avalon-usda |
| Record confidence | High |
| Last reviewed | 2026-06-23 |
- Name
- Avalon USDa
- Symbol
- USDa
- Aliases
- USDa, Avalon USDa, Avalon Labs USDa
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_usda- Route slug
avalon-usda- Record confidence
- High
- Last reviewed
- 2026-06-23
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 4 |
| Events | 1 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Protocol Governed
- Primary display organization
- Avalon Labs
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Avalon Labs | Protocol or software system | Protocol or decentralized system | Decentralized / multi-jurisdiction | Protocol operator | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Protocol or software system
Primary displayAvalon Labs
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Decentralized / multi-jurisdiction
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- Not yet recorded
- Reference methodology
- USDa targets one U.S. dollar through overcollateralized Bitcoin and crypto debt positions.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral
- Reserve component categories
- Crypto Collateral
- Primary stabilization mechanism
- Overcollateralized vault
- Recorded model description
- Bitcoin and Crypto Overcollateralized Cdp and Cedefi Structure
- Redemption / exit model
- Protocol Based
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Bitcoin-backed base stablecoin; sUSDa is the separate savings and yield representation.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Bitcoin and supported crypto collateral in CDP and CeDeFi structuresCrypto Collateral · No aggregate collateral percentage is asserted.
| Disclosure status | Protocol Risk Audit and Collateral Disclosures |
|---|---|
| Backing types | Crypto Collateral |
| Summary | USDa is minted against Bitcoin and supported crypto collateral through Avalon structures. |
| As of | 2026-06-21 |
| Profile confidence | High |
- Disclosure status
- Protocol Risk Audit and Collateral Disclosures
- Backing types
- Crypto Collateral
- Summary
- USDa is minted against Bitcoin and supported crypto collateral through Avalon structures.
- As of
- 2026-06-21
- Profile confidence
- High
| Current status | Protocol Based |
|---|---|
| Settlement asset | Debt Repayment and Collateral Release |
| Eligible parties | Borrowers and users of supported Avalon protocol routes. |
| Retail access | Protocol or Market Based |
| Institutional access | Protocol or Cedefi Route Dependent |
| Minimum amount | Protocol transaction dependent. |
| Fee | Route and network terms may apply. |
| Settlement time | Route and liquidity dependent. |
| Regional limits | Network, interface, custody, and product restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- Debt Repayment and Collateral Release
- Eligible parties
- Borrowers and users of supported Avalon protocol routes.
- Retail access
- Protocol or Market Based
- Institutional access
- Protocol or Cedefi Route Dependent
- Minimum amount
- Protocol transaction dependent.
- Fee
- Route and network terms may apply.
- Settlement time
- Route and liquidity dependent.
- Regional limits
- Network, interface, custody, and product restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Avalon | Protocol Collateral Risk and Audit Context | Crypto Collateral | High |
Avalon
Not yet recorded- Type
- Protocol Collateral Risk and Audit Context
- Assets covered
- Crypto Collateral
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Protocol-native or protocol-supported deployment | Protocol Supported Token | Active | Active | No separate change state recorded | Unknown or not recorded | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Initial primary-view deployment; full network and canonical contract registry remains unresolved. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| CeDeFi CDP USDa Published Not yet recorded | Avalon | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Identity, Bitcoin Collateral, CDP, November 2024 Context, Entity and Model | Archive index or wildcard | High |
| USDa risk management Published Not yet recorded | Avalon | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Oracle, Liquidation, Collateral Controls, Risk and Stabilization | Archive index or wildcard | High |
| USDa audits Published Not yet recorded | Avalon | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Audits, Protocol Security, Security and Assurance | Archive index or wildcard | High |
| Avalon FAQ Published Not yet recorded | Avalon | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | sUSDa, Yield Wrapper, Repayment, Product Boundary, Income and Redemption Boundary | Archive index or wildcard | High |
| Introducing USDa: Bitcoin-Powered Stablecoin Published 2024-11-07 | Avalon Labs | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Launch Date, Identity, Public Access, Supported Dex Routes, Avalon Swap Route, Launch Date and Public Access | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Exact Launch Date | Official timeline material establishes a November 2024 deployment period, but the reviewed sources do not fix one authoritative day-level USDa launch date. | Unknown after review | Low | 2026-06-21 |
| Legal Operator Custody and Cedefi Map | The exact legal operator, custody entities, CeDeFi counterparties, collateral title, and user-claim structure are not fully normalized. | Unknown after review | High | 2026-06-21 |
| Holder Redemption Boundary | Borrower repayment and collateral release are documented, but a universal holder right to redeem USDa directly into Bitcoin or other collateral is not established. | Unknown after review | High | 2026-06-21 |
| Canonical Network and Contract Inventory | Avalon documentation describes multi-network availability, but the complete canonical contract, bridge, origin, and legacy deployment map is not normalized. | Unknown after review | Medium | 2026-06-21 |
Exact Launch Date
Official timeline material establishes a November 2024 deployment period, but the reviewed sources do not fix one authoritative day-level USDa launch date.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-21
Legal Operator Custody and Cedefi Map
The exact legal operator, custody entities, CeDeFi counterparties, collateral title, and user-claim structure are not fully normalized.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-21
Holder Redemption Boundary
Borrower repayment and collateral release are documented, but a universal holder right to redeem USDa directly into Bitcoin or other collateral is not established.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-21
Canonical Network and Contract Inventory
Avalon documentation describes multi-network availability, but the complete canonical contract, bridge, origin, and legacy deployment map is not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-21
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2024-11-07 | Avalon introduces USDa | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Avalon LabsDecentralized / multi-jurisdiction
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.