The total supply of AVAX is 720 million. Its token distribution is as follows: 2.5% - seed sale, with 10% released on mainnet launch and the rest being released every three months. 3.5% - private sale, with 10% released on mainnet launch and the rest being released every three months. 10% - public sale, with 10% released on mainnet launch and 15% released every three months over a period of 18 months. 9.26% - allocated to the foundation, released over ten years. 7% - community endowment, released over twelve months. 0.27% - testnet incentive program, released over one year. 5% - strategic partners, released over four years. 2.5% - airdrops, released over four years. 10% - team, released over four years. 50% staking rewards Staking AVAX currently provides an annual reward of 11.57%, with the minimum time for staking being two weeks with a minimum of 2,000 AVAX.

AVAX is traded on the Exchange Chain, which follows its own Avalanche consensus mechanism. Unlike proof-of-work or proof-of-stake, the Avalanche consensus mechanism does not have one leader processing transactions that get validated by others. Instead, all nodes process and validate transactions by employing a directed acyclic graph (DAG) protocol. That way, transactions are processed simultaneously, and validators' random polling ensures that transactions are correct with statistical certainty. There are no blocks in this consensus mechanism, allowing immediate finalization and significantly improving the blockchain’s speed.

AVAX is available on Binance, Bitfinex, Gate.io and Kucoin.

Avalanche has three primary built-in blockchains.

Used to send and receive funds on the Avalanche network, which is the X-Chain's only function. Additionally, transaction fees are fixed at 0.001 AVAX, and X-Chain provides speed benefits over C-Chain. X-Chain uses directed acyclic graph (DAG) technology.

Used for staking AVAX and facilitating validator activities. Users can become a validator or defer to one to collect their AVAX rewards on the P-Chain.

Avalanche's chain for decentralized finance, as it is the chain used for smart contract and DeFi apps. Most of Avalanche DApps are housed here and compatible with MetaMask. These three networks are secured and validated by the Primary Network, a special subnet. All custom subnets need to validate on the Primary Network by staking at least 2,000 AVAX. Avalanche subnets, or subnetworks, are dynamic sets of validators working together to achieve consensus on the state of a set of blockchains. Every blockchain is validated by one subnet, whereas one subnet can validate various blockchains. Validator nodes can be a member of multiple subnets. Every subnet validator has an incentive to adhere to an individual subnet's security and resource requirements. Every subnet can customize these incentives and may include token rewards, governance, etc. Subnets aims to bring application-specific networks to the broader Avalanche ecosystem. For example, an individual application, product, or service may require certain validator properties, such as memory or internet bandwidth. Validators meeting those requirements can join the Subnet to ensure smooth operations. Additionally, Subnets may have a native token economy and customized fee markets. Avalanche Subnets also support private blockchain development, in which predefined validators join. Those validators are the only ones who can see the content of that private blockchain, an option for organizations who want to keep sensitive information private.

Please refer to the Market Data section of the methodology for detailed information on this topic.

Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply.

What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"? Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands. Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned). Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.

We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing.

A Coin is a cryptocurrency that can operate independently. A Token is a cryptocurrency that depends on another cryptocurrency as a platform to operate. Check out the crypto tokens listings to view a list of tokens and their respective platforms.

Please refer to the Listings Criteria section of the methodology for detailed information on this topic.

When no fees are being charged at the exchange, it is possible for a trader (or bot) to trade back and forth with themselves and generate a lot of "fake" volume without penalty. It's impossible to determine how much of the volume is fake so we exclude it entirely from the calculations.

CoinMarketCap reports on the trading activities of thousands of markets but does not directly sell any cryptocurrency. The best way to find where to buy is by looking on the markets section for the cryptocurrency. For example, to find where to buy Bitcoin, you can look at the markets section for Bitcoin.

Data is collected, recorded, and reported in UTC time unless otherwise specified.

It's based on the current time. It's a rolling 24 hour period.

Nearly every cryptocurrency has been called a scam at some point in its lifetime. We're not here to judge the merits of any cryptocurrency, but we provide the best tools for you to make your own conclusions. As long as it meets the listing criteria, it's eligible to be on the site.

While we strive to add every single cryptocurrency in the universe, it's virtually impossible to list everything. Listing cryptocurrencies is largely a manual process that takes time and resources to ensure the accuracy of our data. Please refer to the Listings Criteria section of the methodology for detailed information on this topic.

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In order to ensure accurate market cap rankings, we work closely with teams and developers to verify supply details on their respective blockchains. If a question mark shows up, it means that we have not sufficiently verified the circulating supply and resulting market cap yet.

0x is an Ethereum-based open-source platform for exchanging cryptocurrencies. It allows for the creation of features in a decentralized exchange (DEX), a wallet or a marketplace.

Stands for data for the past 1 hour.

Stands for data for the past 24 hours.

Stands for data for the past 30 days.

A 401(k) plan is a retirement savings program sponsored by US companies where employees contribute part of their income and the employer matches the contributions.

If more than half the computer power or mining hash rate on a network is run by a single person or a single group of people, then a 51% attack is in operation.

A 52-week high and low is the highest and lowest market price of a given asset over 52 weeks or one year.

A 52-week range is a difference between an asset’s highest and lowest prices over the past 52 weeks.

Stands for data for the past 7 days.