Avant USD
What this is
Avant USD (AVUSD) is a stablecoin issued by Avant, a decentralized finance platform established in June 2024 and operating within the Avalanche ecosystem. It is designed to maintain a stable value pegged to the US dollar and to serve as a building block for users who want to store value or access yield through its companion token, savUSD, without relying on traditional financial intermediaries. The platform positions itself as accessible to anyone regardless of the size of their holdings.
AVUSD is a stablecoin token that lives on the Avalanche network, a blockchain Avant chose as its home ecosystem. The stored data shows no consensus algorithm or block time specific to AVUSD itself, which is consistent with it being a token on an existing chain rather than a standalone blockchain. Within the Avant system, AVUSD functions as the stable-value unit, while a separate staked version called savUSD is described as the yield-bearing counterpart.
The data provided to this site does not include a fee stream associated with AVUSD, so fee-based measures are not applicable here. What the data does show is that the circulating stablecoin supply stood at 134,126,684.35 AVUSD at the point-in-time reading, and that supply grew 15.705862 percent over the trailing 30 days, indicating notable expansion in the amount of AVUSD in circulation. The full circulating supply of 134,308,028.94 tokens is already issued, with no supply pending and no dilution overhang, meaning the fully diluted valuation equals the market capitalization at a ratio of 1.0.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.