What is Avalanche?
AVAXAvalanche is a smart-contract platform made of networks (layer 1s) that share its validators and consensus.
The tokenAVAX pays transaction fees and is staked by validators to secure the network.
Supply and what is still to come
How many coins exist, how many can, who holds the part not yet circulating and what the schedule releases.
- Circulating supply
- 469.9 million AVAX
- Total supply
- 469.9 million AVAXin existence, locked or not
- Maximum supply
- 720.0 million AVAXAvalanche's protocol caps AVAX at 720 million; staking rewards come from the uncreated part
- Issued or unlocked
- 65.3%circulating, of the maximum supply
A year in the market
Measured on the daily closes of our own US dollar price index.
- Return, past year
- −54.7%daily closes
- Volatility, past year
- 71%annualised, daily log returns
- Deepest fall from a peak, past year
- −67.6%daily closes
- Below its all-time high
- −94.1%high of $134.84 on 22 Nov 2021
- Correlation with bitcoin
- 0.73daily returns, past year; 1 is lockstep
- Beta to bitcoin
- 1.17its usual move for a 1% move in bitcoin
Points to check
What our data shows that a holder should know. Each point is a measurement, not a rating.
- Supply still to come
53% more than today's circulating supply can still enter circulation (250.1 million AVAX), so the fully diluted value is 1.53x the market cap.
- Supply we cannot count
We do not run an Avalanche node: the supply is the project's or network's published figure, read every hour and labelled as such.
- Price swings
Its daily moves were 1.6x as large as bitcoin's over the past year (volatility 71% against 44%).
- Distance from the high
It trades 94% below its all-time high daily close of $134.84 (22 Nov 2021).
Questions
What is Avalanche?
Avalanche is a smart-contract platform made of networks (layer 1s) that share its validators and consensus.
What is AVAX used for?
AVAX pays transaction fees and is staked by validators to secure the network.
Is Avalanche's supply capped?
Yes: at most 720.0 million AVAX. 65.3% are issued or unlocked so far.
Where is Avalanche traded?
On 11 of the 11 exchanges we read: 9 list spot pairs against the dollar or a dollar stablecoin and 11 list perpetual futures. The token finder lists every pair.
Supply from our own nodes or the project’s published figures, prices from our own indexes, listings from the exchanges’ own instrument lists. Last update