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Avalanche(AVAX)
Live AVAX Price
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About Avalanche
This page brings together available market information for Avalanche (AVAX) and the buy-and-sell options currently available through Coinbox.
For educational purposes only; not investment advice. Digital assets are volatile and may lose value. Before acting, consider the asset and price, issuer (where applicable), network, and counterparty risks. Displayed market data may be delayed; the applicable price and terms are shown before you confirm an action.
Market Stats
- Market Cap
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- 24h Volume
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- Circulating Supply
- 390.00M AVAX
- Max Supply
- 720.00M AVAX
- Range High (1D)
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- Range Low (1D)
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- Market Rank
- #12
Latest News
You pay
₪
You receive
AVAX
Resources
Frequently Asked Questions about Avalanche
What is Avalanche?
AVAX is the token of the Avalanche network, launched in 2020. It operates on a unique architecture of three separate blockchains (PoS) that enables sub-second transaction finality and low costs. The network is widely regarded as one of Ethereum's strongest rivals, and it stands out for its ability to set up independent sub-networks (Subnets) customised for companies and games. The AVAX token is used to pay fees, run DeFi platforms, and stake to secure the network. The coin's economic model caps maximum supply at 720 million, and all transaction fees are burned in full to reduce the amount in circulation.
How does Avalanche work?
Avalanche uses a primary network made up of three sub-chains (P-Chain, X-Chain, C-Chain) and a unique consensus engine based on sub-sampled voting, achieving sub-second transaction finality.
Who founded Avalanche?
Avalanche was launched in 2020 by Professor Emin Gün Sirer and the engineering team at Ava Labs.