Score withheld

USDa

Stablecoin, stable asset weightsMarket-cap rank 297, CoinGecko 23 Oct 2026

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.28–

Transparencywithheld×0.24–

Revenuewithheld×0.08–

Innovationwithheld×0.08–

Communitywithheld×0.12–

Tokenomicswithheld×0.20–

Weights are public.

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About USDa

Analysis of 30 Jun 2026

USDa is Avalon Labs' BTC-backed stablecoin, issued through a collateralized debt position model tied to Avalon's CeDeFi lending stack. CoinGecko describes USDa as the flagship CDP product for making Bitcoin collateral more usable in DeFi, with listings on Ethereum, BNB Smart Chain, and Mantle.

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As of June 30, 2026, CoinGecko shows USDA trading near $0.982 with about $96 million market cap, roughly 97.8 million circulating supply, and effectively no 24h trading volume. DefiLlama lists Avalon USDa as a CDP protocol using FBTC and LFBTC collateral, while parent Avalon Labs has a broader lending and BTCFi footprint.

The asset is therefore no longer the Angle wind-down stablecoin described in older content; the current profile is an active but high-risk BTC-collateralized stablecoin with material peg and liquidity concerns.

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