I spoke to @im0xPrince, the founder of @avon_xyz and he kindly gave me a code for test the product. Let’s break down what makes Avon so interesting 🧵 ___________________________________________________ 1/ What is @avon_xyz ? Avon is a decentralized lending protocol built around the CLOB mechanism. Yes, the same concept used by: • Morpho Optimizers • Morpho Blue • Loopscale But Avon pushes the design further, especially when it comes to capital efficiency & liquidity management. ___________________________________________________ 2/ Traditional lending ≠ Avon’s model In classic DeFi lending (like Aave/Compound), you deposit funds into a pool with predefined parameters. Avon replaces that with a flexible order book: • Lenders and borrowers place custom orders •The protocol matches them dynamically • Result = tailored, efficient lending markets ___________________________________________________ 3/ Borrowers get full control Borrowers can define: • Loan amount • Collateral type • Interest rate • LTV (Loan-to-Value) ratio Lenders (via curators) can accept these offers, instantly matching and opening a position. No more waiting around for pool settings. ___________________________________________________ 4/ What are curators? Curators are strategic actors who manage where lenders’ funds are deployed. They select which borrower offers to match, aiming to maximize returns and minimize risk. Think of them as “capital allocators” optimizing for yield. ___________________________________________________ 5/ Avon fixes liquidity fragmentation Instead of isolated pools, Avon redistributes liquidity across different pools depending on market needs. ✅ Lower utilization rates ✅ Reduced borrowing costs ✅ Smoother UX for both sides This solves one of DeFi’s most persistent inefficiencies. ___________________________________________________ How to join the testnet? You can already start testing Avon, but access is gated by codes. 👀 Where to get them? • Avon’s Telegram ( • Early ecosystem insiders (like me lol) • Probably in their discord when it opens I hope to be able to get some and distribute them to the community. Maybe a public version will come out soon, who knows?