Bitcoin Lending Market Avalon Labs is now live on Rootstock, the fourth largest Bitcoin Sidechain by Total Value Locked (TVL), viewed by the Defiant according to a press release.
In the integration, Avalon will expand to the Wortelstock and compete to be the largest credit market in the chain by giving access to Bitcoin-Collateralized lending for digital assets such as RBTC and RIF from Rootstock, as well as Stablecoins such as SDC.E and Tethers-Crosssss.
Avalon is the latest important integration for Rootstock, which already has support for USDT0, Layerzero and SOLV protocol. These additions to Wortelstock are intended to stimulate the possibilities of the chain as a leader in Bitcoin Defi, also known as BTCFI, and are intended to help the network scale to new highlights.
Jason TWU, the head of the Avalon ecosystem, commented on the announcement and told the challenging: “This is a partnership between two BTCFI power patters and signals a leap forward for scaling all kinds of useful applications that Bitcoin use.”
Avalon’s current TVL is $ 752 million, an increase of 113% compared to the past year. However, TVL in the credit market is still 62% decrease compared to the all times of $ 2 billion in January 2025.
“We are both laser -oriented on this shared vision of offering leading financial products, not only for retail users, but also the growing number of actors of institutional size that want to do more with their bitcoin.” TWU concluded, referring to the partnership.
The root integration can help Avalon reclaim its strong growth process from Q4 2024, because Rootstock has grown steadily over the past two years and today has a TVL of $ 255 million, compared to only $ 42 million at the start of 2023.
Rootstock TVL in USD. Source: Defillama
Although the rootstock network has been growing consistently for the past two years, the reef of the chain still has to catch up with the performance of the network. RIF has fallen almost 25% in the past year and changes ownership of a market capitalization of $ 56 million, a decrease of 82% compared to its record high of $ 313 million in 2021.
