what's Echelon Market?
Echelon Market is a decentralized lending protocol built on the Move programming language, designed to provide efficient and secure money markets for blockchain ecosystems like Aptos and Initia. It enables users to supply assets as collateral to earn yields and borrow against them, supporting features like correlated E-Mode for optimized leverage and looping strategies to compound returns. The platform integrates with oracles such as Chainlink for reliable price feeds and focuses on composability within modular economies, powering debt layers for interwoven chains. By leveraging Move's resource-oriented model, Echelon Market ensures secure asset handling and scalable operations, allowing seamless interactions with other DeFi primitives like liquidity pools and stablecoins. It supports assets including USDC, USDT, BTC variants, and chain-specific tokens, facilitating strategies such as supplying to borrow and redeploying in yield-generating pools across ecosystems.
Echelon Market ($ELON) listed on Bybit spot trading platform.
Links
x.com/echelonmarketAchieved cumulative volume exceeding $750M across ThalaSwap v2 and v3 following sUSDe adoption on Aptos.
Listed on Bybit spot trading platform with the ticker $ELON.
Hosting a Road to TGE campaign with $200 USDC in rewards (split across 10 winners) running from January 22nd to January 28th, 2026, ahead of token launch.
Token Generation Event enters readiness phase as project expands into BTCFi, achieving $140M+ TVL and $3.1M revenue.
Expanded stablecoin deposit program on Aptos for USDC, sUSDe, and USD1, while lending services expanded to Movement blockchain.
Reaches $200M in deposits on Aptos and joins Aptos Foundation's LFM program, with fixed-income vaults planned as next product rollout.
Commits 5-15% of future token supply to sENA (staked ENA) holders as part of Ethena ecosystem rewards program.
Offers rsETH Simple Lending vault on Canopy for restaking and earning across DeFi.
RESERVE/APT liquidity provisioning opens on ThalaSwap CLMM with 11,777% APR, where LPs earn swap fees and emissions.
Dispatches 673K+ INIT tokens with users earning 40%+ APR on farming opportunities that integrate with Civitia Cities, where 10% of VIP emissions flow to city owners.
RESERVE/APT trading goes live with liquidity active on ThalaSwap v3, and trading fees now flow directly into RESERVE book value.
Reports 10% APR on sUSDe lending with 41m TVL (Ethena incentives), 12% APR on USD1 with 16m TVL (World Liberty Fi incentives), and 1.64% APR on WBTC lending with 4.49m TVL.
Partners with Civitia to launch limited-time, yield-generating in-game cities combining DeFi with gamification.
New yield farming opportunity reaches 3,000%+ APR by supplying xBTC, borrowing USDC, and providing liquidity on Thala's APT/USDC CLMM pool.
Reports 80.1m TVL with 7.57% APR on zUSDC lending including Aptos incentives.
Announces involvement or collaboration with World Liberty Financial (@worldlibertyfi) and Aptos in what appears to be a joint initiative or announcement.
Announces core involvement in $RESERVE, positioned as Aptos' on-chain treasury asset, collaborating with ThalaLabs on its design, liquidity, and utility.
New maximum milkINIT looping yields reach 500%+ APR, substantially exceeding previous 70% rates.
Partners with Ethena Labs for airdrop to sENA holders and reports $60m inflow over the past month. Additionally collaborates with OKX to offer additional yield on xBTC.
Earns 35,795 INIT annually as VIP operator rewards, ranking as top performer among Initia appchains with programmatic distribution based on TVL and staker votes.
New staking opportunity enables triple rewards (Thala farming, Echelon points, thAPT incentives) for USDC/USDT and sUSDe/USDC LP providers through xLPT staking.
New LST loop strategy enables 70% APR through milkINIT lending and negative-rate INIT borrowing, with 21-day withdrawal period.
Negative APR borrowing now available for $INIT, alongside new sxINIT markets offering enhanced LST yields through combined rewards.
Foundation launches 3-month liquidity injection program for LST ecosystem, enabling yields up to 122% APR through various staking options and collateralization opportunities.
$45M of capital now deployed through xLPTs integration, with 95% of all LPTs staked and actively used for lending operations.
New launch on Initia platform is now live.