According to Foresight News, the total value locked (TVL) of Bitcoin ecosystem lending protocol Avalon Finance exceeded $30 million a week after being deployed to Bitcoin public chain Bitlayer, and the total TVL has now reached $250 million. Previously, Avalon Finance was officially deployed to Bitcoin public chain Bitlayer on May 8 and began to support various Bitlayer native assets, including the stablecoin bitUSD issued by bitSmiley.
