About Avalanche
Avalanche (AVAX) is a smart-contract platform launched by Ava Labs in September 2020 and led by Cornell professor Emin Gün Sirer. It is built around a novel Snow family of consensus protocols that combine random sampling with metastable agreement to achieve sub-second finality and high throughput. AVAX is the native asset used to pay fees, secure the network through staking, and support operations across Avalanche's multi-chain architecture.
Avalanche's primary network is composed of three built-in chains: the X-Chain for asset issuance and transfers, the P-Chain for staking and subnet coordination, and the C-Chain, an EVM-compatible smart-contract chain. Validators stake AVAX to participate, and validators can opt into running additional permissioned or permissionless subnets (now branded Avalanche L1s), each with their own virtual machine, validator set, and economics. AVAX has a maximum supply of 720 million tokens, with a portion of every fee burned.
Avalanche hosts a broad ecosystem of DeFi (Trader Joe, Benqi, GMX), gaming and consumer apps, institutional pilots, and tokenized real-world assets. Avalanche L1s power custom chains for use cases ranging from gaming franchises and stablecoin networks to enterprise and institutional capital markets, and the Avalanche Foundation supports developers through grants and accelerator programs.
Crypto Market Watch tracks the live Avalanche price ranked #29 by market capitalisation, 24-hour and 7-day price changes, market capitalisation, trading volume, circulating supply, and all-time highs and lows on this page. Data refreshes continuously throughout the trading day so investors can monitor AVAX market activity in real time.
