Skip to content
FinTech Seed Founded 2024

Avant Protocol

Avant Protocol is a decentralized finance platform that provides DeFi-powered yield-bearing stablecoin products for onchain capital. The platform offers avUSD, avBTC, and avETH tokens that provide USD, Bitcoin, and Ethereum-denominated yields respectively, each structured in two tranches: Senior tokens (savUSD, savBTC, savETH) that earn priority yield with downside protection, and Junior tokens (avUSDx, avBTCx,…

📍 Palo Alto, United States · Cryptocurrencies,

Funding snapshot

Last roundSeed
Amount$6M
Date27 November 2024
Total raised$6M
Team size6

About

Avant Protocol is a decentralized finance platform that provides DeFi-powered yield-bearing stablecoin products for onchain capital. The platform offers avUSD, avBTC, and avETH tokens that provide USD, Bitcoin, and Ethereum-denominated yields respectively, each structured in two tranches: Senior tokens (savUSD, savBTC, savETH) that earn priority yield with downside protection, and Junior tokens (avUSDx, avBTCx, avETHx) that absorb losses after the Reserve Fund is exhausted in exchange for higher yield potential. Avant's adaptive multi-manager yield engine deploys capital across delta-neutral strategies including basis trades, lending rate arbitrage, yield trading strategies, and lending markets, with real-time rebalancing as market conditions evolve. The protocol emphasizes transparency with independent weekly NAV calculations by Pennyworks, publicly documented strategy wallet addresses verifiable onchain, and a live dashboard for portfolio composition and performance. Risk management includes four protection layers: security infrastructure with MPC key management, a protocol-owned Reserve Fund, Junior tranche capital buffer, and Senior tranche as the most protected position. Founded in 2024 and headquartered in Palo Alto, California, Avant Protocol has raised $6.5 million in seed funding from investors including Superlayer, Avalaunch, GoGoPool, and Daybreak Digital.

Business model

Cryptocurrencies > Coins > Stable Coins

Institutional investors

Superlayer Avalaunch GoGoPool Daybreak Digital Linda Kreitzman

Latest coverage

No articles yet.

Raising like Avant Protocol?

Analyze your pitch deck before your next raise.

Analyze My Deck →