Segmented Risk
Aggregated Rate
Earn more. Risk less.
Competitive Rates
Borrowers get the best aggregated rates. We combine all lending offers to give you the most competitive terms in real time.
Isolated Risk
Lenders get full risk isolation. Each strategy is separate, and you decide where to deploy capital and what level of risk to take.
Flexible Terms
Set your own parameters. You can place conditional orders based on interest rate, LTV, or other preferences.
Transparent by Design
The first fully onchain lending order
book. Every
quote, match, and price
discovery happens
transparently on
MegaETH.
Seamless Yield
Deposit USDm into Vault and earn
automatically.
We handle the strategy
allocation and yield
generation for you.
Built to Empower.
Audited to Protect.
Avon delivers secure and transparent markets,
verified through private and public audits by
leading
blockchain security firms.
Private Audit
Public Audit
Private Audit (Ongoing)
Private Audit
Private Audit
How it Works
STEP 01
Lenders pick strategies
Lenders choose different strategies to earn yield based on their risk preference. Each strategy adds its liquidity and lending offers into Avon's shared order book.
STEP 02
Markets post onchain lending quotes
Market managers publish lending offers to an onchain order book with APY and LTV ranges, using a tick-based approach similar to Uniswap v3.
STEP 03
Borrowers take or make orders
Borrowers can instantly borrow through Market Borrow based on available APY and LTV, or place Limit Borrow orders to wait for their preferred terms.
Make Your USDm
Work for You
Turn your USDm into a passive source of yield — just
deposit once and let the vault
do the rest.
STEP 01
Users deposit USDm
Users deposit USDm into the MegaVault from any app or frontend. They receive USDmY in return, a yield-bearing token that represents their share in the vault.
STEP 02
Vault allocates liquidity
The vault securely distributes deposits across MegaETH ecosystem projects to capture the best yield opportunities while maintaining safety and transparency.
STEP 03
Users earn and participate
Users hold USDmY to earn returns automatically and safely. It can also be used across other DeFi projects like Pendle for extra opportunities.