Avalanche (AVAX)
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Chart: TradingView Lightweight Charts™ · Data: CoinMarketCap
Avalanche value in USD
Conversions using the latest available price. Excludes fees and the bid-ask spread.
| AVAX amount | Value |
|---|---|
| 0.001 AVAX | $0.00998 |
| 0.01 AVAX | $0.0998 |
| 0.1 AVAX | $0.9976 |
| 1 AVAX | $9.98 |
| 10 AVAX | $99.76 |
| Budget | Estimated amount of AVAX |
|---|---|
| $100.00 | 10.02428812 AVAX |
| $500.00 | 50.12144061 AVAX |
| $1,000.00 | 100.24288122 AVAX |
| $5,000.00 | 501.21440611 AVAX |
| $10,000.00 | 1,002.42881222 AVAX |
Avalanche in brief
Avalanche (AVAX) is the native cryptocurrency of a fast-finality blockchain platform built by Ava Labs, co-founded by computer scientist Emin Gün Sirer. AVAX pays network fees and secures the chain through staking.
Official source: build.avax.network
Safety note: download wallets and apps only from the official site, and beware of unsolicited "support" accounts and fake airdrop sites.
Where does Avalanche trade against the Turkish lira?
- Binance TR
- BtcTurk
- OKX TR
- Paribu
On this page 8
Avalanche is a smart contract platform that can finalise transactions in around a second, and AVAX is its native cryptocurrency. It was built by Ava Labs, whose co-founders include Cornell computer science professor Emin Gün Sirer, and went live in September 2020. Avalanche aims to provide shared infrastructure both for public applications and for custom blockchains that run under their own rules.
How does Avalanche work?
Avalanche uses a family of protocols known as Avalanche consensus, first described in a 2018 paper. Each validator repeatedly polls a small, randomly chosen group of other validators; as responses cross a threshold, the network quickly converges on a single decision. This lets thousands of validators reach agreement within seconds without everyone having to talk to everyone. Security rests on proof-of-stake.
A standout feature is fast finality: once a transaction is accepted it cannot be reversed, so there is no need to wait for several block confirmations as on Bitcoin. That matters for payments and financial applications. The ecosystem spans decentralised exchanges, lending protocols, games and institutional experiments with tokenising real-world assets.
What are the C-Chain, P-Chain and X-Chain?
Avalanche’s Primary Network is made up of three chains:
- C-Chain: the EVM-compatible smart contract chain. Wallets like MetaMask and most DeFi apps live here, and addresses start with 0x.
- P-Chain: manages validators, staking and the coordination of Avalanche L1 networks.
- X-Chain: designed for creating assets and transferring them quickly.
Withdrawals of AVAX from exchanges usually go over the C-Chain. Because the same asset uses different address formats on different chains, choosing the right network matters.
What is an Avalanche L1?
Avalanche lets projects launch independent blockchains with their own validator set, fee token and rules. Previously called “subnets”, these networks were renamed Avalanche L1s with the Etna upgrade in December 2024. Etna also removed the requirement for L1 validators to validate the Primary Network as well; instead, they pay a small ongoing AVAX fee to the P-Chain. The change made it much cheaper for gaming studios and institutions to run their own chains.
What is AVAX used for?
- Fees: transaction fees on the Primary Network are paid in AVAX and are burned in full.
- Staking: becoming a validator requires at least 2,000 AVAX, and delegating to one requires at least 25 AVAX. You choose a staking period between two weeks and one year, during which the tokens are locked. Staking rewards depend on the validator meeting an uptime requirement.
- L1 economics: Avalanche L1s generate demand for AVAX through the fees they pay to the P-Chain.
AVAX supply
AVAX has a maximum supply of 720 million. Roughly half was distributed at launch, and the rest is minted over time as staking rewards. Because fees are burned, circulating supply is reduced as the network is used, so when the 720 million ceiling would actually be reached depends on activity.
What are the risks of Avalanche?
AVAX is volatile. Avalanche competes fiercely with Ethereum, Solana and a long list of Layer 2 networks for developers and users. The success of the L1 model depends on those chains attracting real usage and creating demand for AVAX. Moving funds between the C-Chain and other networks via bridges carries bridge risk and the risk of choosing the wrong network.
How to read AVAX market data
The maximum supply shown in the table is 720 million AVAX; the gap between circulating supply and that cap represents tokens still to be issued as staking rewards. Comparing market cap with fully diluted value is useful for that reason. To understand network usage, you can track C-Chain transaction counts and L1 activity separately.
