Avalanche (AVAX)

€ 22,05

-7,31 % € -1,61

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About Avalanche

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 intelligent contracts network to offer transaction finalization under a one-second standard.

Avalanche launched its main net in September 2020. The platform's native token, AVAX, performs various Avalanche tasks and functions as a rewards and payment system.

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Founder Emin Gün Sirer
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Founder Kevin Sekniqi
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Founder Maofan "Ted" Yin
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Founded 2020
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Website Website
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Network ERC-20
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Location New York, United States
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Rank 26
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Market Cap 3.06 B
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Trading volume 240.89 M
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Maximum coins 720 M
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Circulating 127.69 M
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