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AVAX Price
$13.2312
-2.63%
24H Price Chart
Market Cap
$4.11B
24H Volume
$147.06M
Circ Supply
310.23M

Source: AVAXUSD Chart by TradingView

AVAX Market Stats
  • Price $13.2312
  • 1H Change -0.11%
  • 24H Change -2.63%
  • 7 Day Change +3.41%
  • 30 Day Change -20.34%
  • 1 Year Change -85.56%
  • All-Time High $145.665
  • % From ATH -90.91%
  • ATH Date Nov 21, 2021

Avalanche Background

Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services.

It aims to be something of a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies.

Developers at Ava Labs claim that Avalanche is the first smart contracts network to offer transaction finalization in under one second as standard.

Avalanche launched its mainnet in September 2020. The platform’s native token, AVAX, performs various tasks within Avalanche and also functions as a rewards and payment system for users.

Avalanche Video

Avalanche Technical Info
Blockchain Own Blockchain
Consensus Proof of Stake (PoS)

Avalanche Features

  • Speed – The Avalanche platform uses a novel consensus protocol created by distributed systems researchers in 2018, also called “Avalanche”, to permanently confirm transactions in 1-2 seconds.
  • Scalability – Avalanche handles thousands of transactions per second and can accommodate thousands of validators with no loss of performance.
  • Security – Avalanche provides stronger security guarantees than either classical or longest-chain consensus protocols.
  • Smart Contract Support – Avalanche supports creation and use of Solidity smart contracts as well as all your favorite Ethereum tools like Remix, Metamask, Truffle and more.
  • Private/public Blockchains – Users can create their own public or private blockchains.
  • Finance-focused – Avalanche was built with serving financial markets in mind. It has native support for easily creating and trading digital smart assets with complex custom rulesets that define how the asset is handled and traded. The assets could represent financial instruments such as equities, bonds, debt, fractionalized real estate, or anything else.

Avalanche News

Avalanche Organization & Team

Ava Labs makes it simple to launch decentralized finance applications on Avalanche, the fastest smart contracts platform in the blockchain industry. Learn More

Kevin Sekniqi
Kevin Sekniqi

Founder & COO

Maofan
Maofan "Ted" Yin

Founder & Chief Protocol Architect

John Wu
John Wu

President

Chris Lavery
Chris Lavery

Chief Finance Officer

Avalanche Wallets

Avalanche Exchanges

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