- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
XSY Launches Synthetic USD Stablecoin on Avalanche, Secures $5M in Pre-Series A Funding
By: defi news|2025/05/15 20:15:05
0
Share
Capital management platform XSY.fi today announced the beta release of its flagship product, Unity (UTY), on the Avalanche blockchain, alongside the close of a $5 million Pre-Series A funding round.Unity is described as a next-generation digital synthetic dollar designed to unlock liquidity and drive capital efficiency within blockchain, according to a press release viewed by The Defiant. The project has already attracted over $20 million in commitments prior to its beta release.By launching on Avalanche, which currently boasts a total value locked (TVL) of $1.5 billion, Unity allows AVAX holders to maintain existing AVAX exposure while accessing sustainable yield. AVAX, the native token of the Avalanche blockchain, is currently trading at $23.90, up 13% over the past week, with a market capitalization of $10 billion, making it the 16th largest crypto asset.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
You may also like
IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent
Predictive Market Oracle will begin to take shape in early 2026, poised to become a nascent product in the oracles space over the next year.
The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir
Palantir has once again used data to validate that unsettling logical loop: War is its best business development strategy
Key Market Intelligence on March 3rd, how much did you miss?
1. On-chain Volume: $34.0M USD inflow to Hyperliquid today; $29.3M USD outflow from Arbitrum
2. Biggest Gainers and Losers: $FAI, $ARC
3. Top News: Today, the crypto market rebounded against the trend, with a macro hedge whale holding long positions in gold and silver and shorting crypto, resulting in a $500k USD loss for the day
Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?
In the coming decades, our freedom may be more fragile than we think
Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point
Predictive trading is no longer just an experiment in the crypto space or a niche market but is starting to be integrated into the product suite of traditional trading platforms.
After a 48-hour ban, Claude reached the top of the App Store
Just the day before, ChatGPT was sitting right there
If this is the beginning of the triple halving, what are top investors saying about what to expect?
Hormuz Strait Blockade, Capital War, Oil and Bitcoin
After Iran's Political Risk Rises, Cryptocurrency Sees Massive Outflow
Following the airstrike, within minutes, Iran's largest cryptocurrency exchange, Nobitex, saw a 700% surge in cryptocurrency outflows.
Pantera Capital Partner: The Financial Trajectory of AI Agents
AI agents will move towards fully autonomous commerce, and blockchain is the only digital-native financial track that meets its needs for identity, micropayments, and trustless execution.
In the next 5 years, Vitalik will scale Ethereum like this
Short-Term vs Long-Term, Execution, Data vs State
Sam Altman and the End of the World Capitalism
The real danger is never AI itself, but those who believe they have the right to define the human destiny.
Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?
Interest rates have remained stubbornly high, posing a challenge to the cryptocurrency bull case.
Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?
What Was the Hottest Topic Among Expats in the Last 24 Hours?
MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene
The global environment is not favorable to us, but in the long run, it may be favorable to us.
Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap
March 2 Market Key Events Overview
Why is it said that there are structural opportunities in encrypted AI?
When centralized AI falls into the dilemma of regulation and trust, Crypto + AI will become a structural escape route for safeguarding data and sovereignty in a multipolar world.
Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
The predictive market agents are expected to present early prototypes in early 2026, likely becoming an emerging product form in the field of agents in the following year.
Consumer application issues
The truly outstanding applications will not ask people to "use cryptocurrency," but will provide practical and better solutions to the problems that people already face.
IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent
Predictive Market Oracle will begin to take shape in early 2026, poised to become a nascent product in the oracles space over the next year.
The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir
Palantir has once again used data to validate that unsettling logical loop: War is its best business development strategy
Key Market Intelligence on March 3rd, how much did you miss?
1. On-chain Volume: $34.0M USD inflow to Hyperliquid today; $29.3M USD outflow from Arbitrum
2. Biggest Gainers and Losers: $FAI, $ARC
3. Top News: Today, the crypto market rebounded against the trend, with a macro hedge whale holding long positions in gold and silver and shorting crypto, resulting in a $500k USD loss for the day
Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?
In the coming decades, our freedom may be more fragile than we think
Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point
Predictive trading is no longer just an experiment in the crypto space or a niche market but is starting to be integrated into the product suite of traditional trading platforms.
After a 48-hour ban, Claude reached the top of the App Store
Just the day before, ChatGPT was sitting right there
App