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      Avalanche Records $37.4 Million in Onchain Credit Volume for Q3 2026

      Avalanche, a blockchain platform, reported a record onchain credit volume of $37.4 million for the third quarter of 2026, marking a 34% increase from the previous quarter. This surge in loan volume is attributed to the growing popularity of tokenized US Treasuries and various institutional credit deals.

      By the end of Q3 2026, tokenized US Treasuries on the Avalanche network reached $545 million, reflecting a 14% rise from the prior quarter. Overall, the broader real-world asset (RWA) activity on Avalanche was valued at approximately $11.4 billion as of early October 2026, highlighting the significant scale of assets in comparison to the loan volume.

      Key developments contributing to this growth include Aave's V4 upgrade, which introduced tokenized stocks as collateral for loans, thereby expanding the range of assets available for borrowing. Additionally, Grove Finance's collaboration with Galaxy to anchor a $50 million tokenized collateralized loan obligation on Avalanche has further solidified the network's position in institutional finance. Partnerships with Centrifuge have also facilitated the introduction of structured credit products on the platform.

      While the quarterly increase in loan volume is notable, it is essential to consider the concentration risk, as a significant portion of the activity is linked to a few institutional players. The future of Avalanche's onchain credit market will depend on its ability to attract and retain institutional interest in tokenized assets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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