Avalon Labs Brings BTC-backed DeFi to @moveindustries ecosystem through Canopy
Avalon Labs vaults are now live on Canopy, the DeFi gateway of the Movement ecosystem
This integration brings sUSDa, sUSDa-USDa, and USDa-USDT staking vaults to Movement, expanding Bitcoin-backed liquidity across chains.
@canopyxyz is the gateway into DeFi on Movement
Built natively on the Movement network, Canopy connects users to the best on-chain yield opportunities through simple, composable vaults. With Avalon vaults now live, users can easily deposit and earn all from one platform.
With this integration:
•USDa–USDT, sUSDa–USDa, and sUSDa staking vaults are now live on Canopy.
•Users can easily stake or provide liquidity directly on Movement.
•BTC collateral now fuels stablecoin yield opportunities in the Move ecosystem.
This collaboration connects three powerful layers:
🔹 Avalon Labs — Bitcoin-backed DeFi infrastructure
🔹 Movement — the next-gen Layer 1 built with the Move language
🔹 Canopy — the unified yield hub of the Movement ecosystem
Together, they create a bridge between BTC capital markets and on-chain yield strategies.
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