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Avalon Labs burns 80M AVL, slashing circulating supply by 44%

Avalon Labs burned 80 million avl tokens, permanently eliminating them from traffic in a movement that reduces the supply of circulation by around 44%.

Announced on X on June 9, the tokens, of an estimated value of $ 16 million, were mainly unmarried air allowances of a campaign of March 2024. Avalon framed the burn as the start of a “deflationary cycle” which aligns with long -term incentives.

Avalon Labs has officially burned 80 meters $ Avlrepresenting 44% of food in circulation.

These un demanded air tokens, worth around 16 million dollars, have now been permanently traffic. In the past year, a total of $ 20 million to $ Avl was claimed by … pic.twitter.com/gxmwkpmbnf

– Avalon Labs 🎩🔮 (@avalonfinance_) June 9, 2025

In the past year, more than 100,000 users have claimed $ 20 million in AVL via the air card. The company thanked its users for helping to shape the ecosystem and said that it was focused on the alignment of incentives between the project and its community.

Wry burns are designed to reduce supply, which potentially increases the rarity and the price over time. In this case, the market response was fast. AVL increased by more than 18% shortly after the announcement and ranked n ° 1 in long -term purchases on the balance sheet.

Avalon Labs is a financial technology company that builds capital markets supported by Bitcoin. The platform has already spent more than $ 1.2 billion in loans on percourament supported by BTC. To extend this model to institutional customers, he recently obtained a credit line of $ 2 billion in eminent Asian conglomerates.

In addition to Lending, Avalon created USDA, the first stablecoin supported by Bitcoin, allowing users to unlock liquidity without selling their bitcoin (BTC). Thanks to its Cedefi protocol, Avalon also offers savings products that generate return.

Users can deposit FBTC, an active 1: 1 at Pius Bitcoin and borrow Tether (USDT) At fixed rates, funds which are deployed in high -efficiency strategies via platforms like Ethena Labs (This one). Avalon works on 20+ public blockchains and more than 50 isolated loan markets, with a total locked value exceeding $ 1.1 billion, according to DEFILLAMA data.

The burn follows several major developments for Avalon Labs. May 26, Yzi Labs, formerly Binance Labs, announcement An undisclosed investment in Avalon, stimulating the institutional support of the project.

And in February, the company revealed He explored a public debt fund supported by Bitcoin under the supervision of Securities and Exchange Commission, a step that could bring more traditional investors to the Crypto credit market.