Avalon Labs vs Covalent X Token — how do they compare? Avalon Labs trades at Rp284.65 (market cap Rp45,66M, Rp13,63M 24h volume), while Covalent X Token trades at Rp42.5 (market cap Rp41,5M, Rp2,62M 24h volume). The key difference: Avalon Labs and Covalent X Token are close in size by market cap, and Avalon Labs's circulating supply is 161,7M / 1B AVL (17%) versus 972,3M / 1B CXT (98%) for Covalent X Token. Which is the better fit depends on your goals — on Pluang, investors hold Avalon Labs for 9 Days and Covalent X Token for 5 Days on average.
| AVL | CXT | |
|---|---|---|
Market Cap | Rp45,66M | Rp41,5M |
Volume (24h) | Rp13,63M | Rp2,62M |
Circulating Supply | 161,7M / 1B AVL (17%) | 972,3M / 1B CXT (98%) |
Typical Hold Time | 9 Days | 5 Days |
What Pluang investors did over the last 30 days
Avalon Labs is building an on-chain financial center for Bitcoin, offering solutions like BTC-backed lending, a Bitcoin-backed stablecoin, yield-generating accounts, and a credit card. Our goal is to create a scalable, transparent, and accessible financial network for Bitcoin holders to use Bitcoin as an economic asset. AVL is the governance token of the Avalon Labs ecosystem. We started as the world's largest issuer of Bitcoin-backed collateralized debt positions (CDPs) and have since expanded into DeFi lending, fixed-rate CeDeFi models, and stablecoins. This growth, driven by community demand, positions Avalon as a leader in on-chain finance. With AVL, we empower our community to actively shape the future of Avalon.
Read more on AVL →CXT is the utility and governance token of the Covalent Network, which safeguards Ethereum’s historical data. It is used for staking and enables holders to participate in decentralized governance. The network enhances data availability for developers building on the Ethereum ecosystem.
Read more on CXT →