Avant is now live on @Base.
Avant builds onchain infrastructure for productive capital.
Base is building a global onchain economy. Avant brings productive capital into it, starting with @Morpho’s lending markets.
Building the capital layer for Base’s onchain economy.
Avant Weekly Yield Report | November 6
Avant closed the week at $152.5M in TVL, with yields diverging as volatility picked up across crypto markets.
Senior Tranches
→ savUSD: 7.47% projected APY | -0.53pp
→ savBTC: 3.67% | +1.51pp
→ savkBTC: 1.73% | -0.55pp
→ savETH: 4.15% | -0.09pp
Junior Tranches
→ avUSDx: 12.73% projected APY | -0.22pp
→ avBTCx: 3.48% | -0.11pp
→ avkBTCx: 2.70% | -0.14pp
→ avETHx: 7.77% | +1.20pp
savBTC was the strongest senior mover this week, rising 151 basis points to 3.67%. On the junior side, avETHx increased 120 basis points to 7.77%.
BTC and ETH markets saw higher volatility through the week, while utilization remained elevated across lending markets.
This supported higher borrowing rates in parts of the portfolio, most clearly across the savBTC strategy.
We haven’t told this part of Avant’s story well enough: our interest in superintelligence runs deeper than most people realize.
Our CEO, @RhettShipp, came to crypto from AI. One of our top advisors, also an investor, is an AI director and published author. And the intellectual interest that’s consumed much of my thinking over the last decade has been the singularity: how these technologies will evolve, converge, and reshape everything humans touch.
That combination gives us a strong foundation for building a thoughtful superintelligence stack. With our Chief Security Officer, we’re integrating those capabilities into how we evaluate investments, test our defenses, and protect capital.
Avant has onboarded with cyber defense programs from @AnthropicAI and @OpenAI. We plan to use these tools to strengthen our security reviews.
Superintelligence should amplify security expertise, not replace it. We will use these capabilities to conduct deeper due diligence on the protocols and counterparties where we deploy capital, evaluate our internal security controls, and independently validate the findings.
Avant aims to stay at the forefront of superintelligence, integrating new capabilities into our security stack and the practices that protect our capital.
October was another busy month for Avant.
New credit markets, growing demand for yield-bearing collateral, and continued investment in the people and capabilities protecting the protocol.
October by the numbers:
→ $19.25M in total yield distributed since inception
→ $58M of Avant collateral supplied to lending markets
→ 18 integrations across 9 protocols and 7 networks
→ 9.6% annualized realized yield for savUSD over the trailing 12 months
What we shipped:
→ Fixed-rate borrowing through @TenorFinance, with $1.81M in loans backed by savUSD and savETH in its first week
→ Borrowing against savUSD on @Morpho's Base markets grew 50%, from $2.4M to $3.6M
→ Expanded savUSD's use as collateral across @Curvance on Monad, Morpho on Sei, and Royco V2 on Avalanche
→ Opened the Season 1 Buyback, allowing eligible holders to register to sell allocations at $0.025 per AVANT point
→ Onboarded a Head of Superintelligence and confirmed team access to cyber defense programs, supporting our existing security expertise and practices
As Avant assets gain more uses across onchain markets, we’re continuing to invest in the infrastructure and security behind them.
On to November.
As stablecoins expand across currencies and networks, open is key to understanding what backs them and where they’re used.
@DIAdata_org’s Global Stablecoin Map makes that information easier to access and compare, supporting more informed capital allocation.
Glad to see savUSD included.
Most stablecoin data stops at market cap.
Introducing the Global Stablecoin Map: every stablecoin and issuer with supply, peg history, growth/trends, DeFi use, regulation, and much more.
Explore the map and the report behind it for free.
Avant has onboarded a Head of Superintelligence to lead our advanced AI efforts, with security coming first.
The role brings dedicated AI expertise to work alongside our security and engineering teams, supporting due diligence and risk analysis across Avant.
Our security philosophy remains grounded in layered controls, specialist expertise and human accountability.
Protecting capital requires continued investment in the people and capabilities behind it.
Avant Weekly Yield Report | October 31
Avant closed the week at $151.3M in TVL, with senior yields moving higher across avUSD, avETH and avkBTC.
Senior Tranches
→ savUSD: 8.00% projected APY | +0.61pp
→ savBTC: 2.16% | -0.07pp
→ savkBTC: 2.28% | +0.32pp
→ savETH: 4.24% | +0.62pp
Junior Tranches
→ avUSDx: 12.95% projected APY | -1.05pp
→ avBTCx: 3.59% | -0.13pp
→ avkBTCx: 2.84% | +0.50pp
→ avETHx: 6.57% | -0.72pp
savUSD and savETH were the strongest senior movers this week, rising 61 and 62 basis points respectively, while savkBTC increased to 2.28%.
Lending-market utilization moved higher following the Binance security incident, as precautionary freezes in lending markets limited new supply while withdrawals continued.
The resulting increase in borrowing costs created stronger lending opportunities across parts of the portfolio.
Junior yields were more mixed, with avkBTCx rising 50 basis points while avUSDx and avETHx moved lower.
Avant is closely monitoring the ongoing situation involving Binance. Avant holds no assets on centralized exchanges, and our major counterparties have confirmed no exposure to this incident. We continue to assess potential indirect impacts and will share updates as appropriate.
The Season 1 Buyback is still open.
Eligible holders can register to sell some or all of their allocation at a fixed price of $0.025 per AVANT, paid in avUSD.
→ Visit https://t.co/MLd3EB9ma4
→ Select how much you'd like to sell
→ Sign to register
Registration closes November 16 at 11:59 PM UTC.
Not available in the US or restricted jurisdictions.
Avant Weekly Yield Report | October 23
Avant closed the week at $158.23M in TVL, with yields diverging across the suite as junior USD and BTC strategies moved higher.
Senior Tranches
→ savUSD: 7.39% projected APY | -0.61pp
→ savBTC: 2.23% | -0.07pp
→ savkBTC: 1.96% | +0.74pp
→ savETH: 3.62% | -0.31pp
Junior Tranches
→ avUSDx: 14.00% projected APY | +0.88pp
→ avBTCx: 3.72% | +0.79pp
→ avkBTCx: 2.34% | -0.46pp
→ avETHx: 7.29% | -0.08pp
Junior USD and BTC yields were the strongest movers this week, with avUSDx returning to 14.00% and avBTCx rising 79 basis points to 3.72%.
On the senior side, savkBTC rose 74 basis points to 1.96%, while savUSD, savBTC, and savETH fell week over week.
The next chapter for onchain dollars is what people can do with them.
On @base, borrowing against savUSD on @Morpho is up 50% since Oct. 5.
Earn yield. Access credit. Keep your capital working.
One week on @TenorFinance.
Borrowers now hold $1.81M in fixed-rate loans backed by savUSD and savETH, settled on @Morpho Midnight.
savUSD on Base already ranks third across all Midnight markets by loans outstanding.
Fixed terms, real demand.