According to Foresight News, Avalon Labs has provided Bitcoin lending services for the crypto trading platform Bybit, helping its financial platform launch an on-chain stable yield product. The product operates through Avalon's fixed-rate lending system, implementing on-chain arbitrage strategies, aiming to provide users with a relatively stable source of income.

This collaboration is seen as an important practice for Avalon Labs in institutional lending scenarios, and also lays the foundation for subsequent cooperation with more centralized exchanges.