Redeeming avAssets
Redeeming is the step to convert your base avAssets (e.g. avUSD) back into their underlying base assets (e.g. USDC).
Prerequisite: Have an avAsset Balance
avAsset BalanceStep-by-Step Guide
Click Get and Select Action: Click Get next to your
avAssetbalance.Select Path and Amount: Based on your connected chain, the interface shows either Redeem (protocol redemption path) or Sell (swap path, where liquidity is available).
You can switch with chain-aware action hints such as
Redeem on AvalancheorSell on Ethereumto either redeem directly on the native chain or sell through in-app swap liquidity.
Review Output and Route: Check expected output and fees. Click route details to view included stages.
Approve and Confirm: Approve the selected token amount, then confirm Redeem or Sell depending on the selected path.
Complete at Maturity (Redeem Path): If you selected Redeem, complete the request from Active Redemptions once it becomes redeemable.

Viewing Redemptions
After you have initiated a Redeem request for a token with a redemption period, you can monitor its progress in the Active Redemptions section on your Portfolio page.

Additional Information
Variable Waiting Period (Redeem Path): While redemptions are often completed within a few hours, they can take up to 7 days depending on market liquidity and other conditions. You can monitor the status of your request in your Portfolio.
Order Flexibility (Redeem Path): You can cancel or adjust your
avAssetredemption request at any time before it is finalized. To adjust a pending redemption, submit a new request with the desired amount. This will automatically update and replace your existing order.Transparency: A redemption fee may apply for Redeem requests, and this will be clearly displayed in the interface before you proceed.
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