Avant USD
Daily peg and supply history is drawn as an interactive chart (needs JavaScript).
About Avant USD
Mint avUSD by depositing USDC on Avalanche, and the protocol treats your deposit as a receipt while putting the reserves to work in market-neutral trading strategies run by outside partners. The token is redeemed back through the protocol rather than a bank, an onchain claim rather than a company IOU, and staking it into savUSD passes the strategy yield to holders through a tranched structure that shields senior depositors ahead of junior ones. Avant launched in mid-2024 under a British Virgin Islands foundation and runs without a formal regulator, gating access by wallet and excluding US persons and sanctioned jurisdictions rather than by full KYC. It has since extended from Avalanche onto Monad. The proposition is a stable-value token that earns from arbitrage and hedging instead of sitting idle, carrying the counterparty and strategy risks that such delta-neutral designs always bring.
- Peg
- US dollar
- Mechanism
- Market-neutral strategies
- Redemption
- Onchain via protocol
Reserves & rights
- Peg
- USD
- Mechanism
- Fiat
- Networks
- 2
- Holder gets
- Backed by on-chain collateral; redeemable for that collateral, not fiat.
- Regulatory framework
- Unregulated DeFi protocol; Avant Protocol Foundation, British Virgin Islands
- Redemption KYC
- No KYC; wallet-based. Must be 18+; US persons and sanctioned jurisdictions (Cuba, Iran, North Korea, Syria, Crimea/DNR/LNR) excluded per Terms.
- Yield
- staking
Networks & contracts
| Network | Contract |
|---|---|
| Avalanche | 0x24de…e346 |
| Monad | 0x0D9D…3bA4 |