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    Avant Protocol | Unlocking Insights into avUSD

    hexagon

    Flipside AI

    The Avalanche blockchain's avUSD stablecoin experienced remarkable growth, with Total Value Locked surging 6,900% from $99.85 to $6.9 million in just 45 days. Minting activity dramatically outpaced redemptions, with $7.27 million minted versus only $370,000 redeemed, representing a 95.1% minting dominance. The protocol attracted 110 unique staking wallets and generated $5,360 in staking rewards, indicating strong early-stage adoption and user interest in the avUSD ecosystem.

    Mint, Redeem
    avUSD Ecosystem Activity Breakdown
    avUSD Stake
    staking activity , reward distributions, and user behavio
    Stable Jack
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.