Avon operates a fully onchain lending order book where market managers publish lending quotes with APY and LTV ranges, lenders select risk-specific strategies, and borrowers take or place orders based on their preferred terms. The protocol aggregates lending offers, supports isolated risk, and provides automated yield generation through USDm Vault deposits. Avon focuses on transparent, secure onchain credit markets and states that its systems have undergone private and public audits by blockchain security firms.
