what's avon?
Avon is a decentralized protocol revolutionizing onchain credit markets by moving beyond outdated pooled lending designs to offer flexible terms and competitive rates. It enables real-time credit markets, particularly for institutions seeking fixed-rate loans and Bitcoin derivatives. Built on MegaETH, Avon emphasizes security through multiple private audits and ongoing public reviews. The project aims to deliver a comprehensive platform for retail and institutional users in the DeFi space.
MegaVault is live on Skate 1-Click, enabling 1-Click access to the avon ecosystem from Solana.
Links
x.com/avon_xyzMegaVault is live on Skate 1-Click, enabling 1-Click access to the ecosystem from Solana.
Experienced a 715% increase in transaction count on MegaETH during the week ending March 16, 2026.
Builds lending systems on MegaETH with continuously updating health factors and instant liquidation triggers, cited as an example of a future app requiring cheap transactions and low latency.
Plans an incentives campaign for mainnet that was announced with tokenomics but not yet deployed.
Reached $7M in MegaVault deposits.
Integrated with Prism for lending services on MegaETH.
Building on MegaETH with vault-based yield functionality including MegaVault integration.
The researcher competition concludes with winners announced: kayroy2010 ($1,460.10), kvarxyz ($1,190.92), and KupiaSecurity ($1,190.92).
Launched MegaVault Bootstrapping Program on MegaETH mainnet as a USDm yield layer on February 9, 2026.
New documentation released on December 5th.
Integration with Blackhaven enables users to deposit reserve backed tokens (rbt) to borrow against and earn points.
A (4,4) staking mechanism is now live on day 1 of launch, with the project stating it is not an OHM fork.
Competition for researchers is now live with $36,000 USDC prize pool, running until October 27.
Launched on MegaETH as a lending protocol, part of MegaETH's MegaMafia 1.0 accelerator program, counting as 5 out of 10 applications for MegaETH's TGE trigger.
Testnet app launches with invite code access system.
RedStone Bolt integration enables real price discovery for onchain lending operations.
New integration with Redstone's Bolt oracle enables 2.4ms price updates and block-level price delivery.