{
  "url": "https://blockindex.ai/coin/avax",
  "name": "Avalanche",
  "links": {
    "github": "https://github.com/ava-labs",
    "website": "https://www.avax.network/",
    "whitepaper": null
  },
  "dScore": 53,
  "market": {
    "priceUsd": 6.070340585503984,
    "marketCapUsd": 2621002859.61668,
    "volume24hUsd": 387034932.53374064,
    "priceChange7dPct": -8.1954167,
    "priceChange24hPct": -8.10739088
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 715748719,
    "circulating": 431771961.1772119,
    "circulatingPct": 60.32451748994494
  },
  "ticker": "AVAX",
  "founder": "Emin Gün Sirer; Kevin Sekniqi; Maofan \"Ted\" Yin",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:12.959632+00:00",
  "fairLaunch": false,
  "launchYear": 2020,
  "description": "Avalanche is a high-performance Layer-1 blockchain platform engineered to deliver low-latency finality, high throughput, and the flexibility of custom, application-specific blockchains via its Subnet architecture. Founded from academic research at Cornell University and developed by Ava Labs, Avalanche launched its mainnet in September 2020 and introduced a heterogenous primary network composed of the X-Chain (asset transfers), C-Chain (EVM-compatible smart contracts), and P-Chain (validator and subnet coordination). The project’s core mission is to provide an extensible L1 environment that enables developers and institutions to deploy bespoke chain rules, consensus configurations, and economic models while preserving a robust security model through staking and randomized sampling consensus primitives.\n\nAvalanche’s technical design centers on the Avalanche and Snowman consensus families which provide probabilistic consensus with rapid finality and sub-second confirmation in many workloads. The platform emphasizes modularity: the C-Chain offers an EVM-compatible execution environment that eases migration of Ethereum dApps, while Subnets allow teams and enterprises to spin up sovereign L1s with tailored validator sets and governance. Cross-subnet and cross-chain messaging are facilitated by Avalanche Warp Messaging (AWM) and the Teleporter bridge, enabling native interoperability between Subnets and external chains. The ecosystem has also released developer tooling such as the Rust SDK, Glacier API, and HyperSDK, and continues to evolve via named network upgrades (Banff, Cortina, Durango, Etna, Granite) that have incrementally improved fees, cross-chain messaging, and runtime flexibility.\n\nIn practice, Avalanche supports a broad DeFi and RWA (real-world assets) ecosystem. Its EVM compatibility has attracted decentralized exchanges, lending protocols, and tokenized asset issuances, while Subnets have appealed to enterprise and regulated deployments seeking policy controls or permissioned validator sets. Institutional pilots and partnerships—ranging from custody and OTC integrations to EU-regulated trading platform announcements—illustrate ambitions beyond purely permissionless dApp usage. Avalanche’s Retro9000 grant program and other ecosystem initiatives have accelerated developer activity and funded projects across DeFi, tooling, and infrastructure, helping to bolster liquidity and product diversity on the network.\n\nTokenomics for AVAX are characterized by a capped supply (720,000,000 max) and a distribution that supports staking (a sizable portion allocated to staking rewards) alongside foundation, team, and early-sale allocations. Exact circulating and total supply snapshots have varied over time; the combined-sources snapshot in this summary reports a circulating supply ~429.51M and a total supply ~461.18M. AVAX functions as the native gas token for fees, the staking token securing the network, and the economic instrument for subnet creation and validator bonding. Monetary policy is primarily fixed-supply with programmed staking rewards; fee dynamics and burn/fee adjustments have been refined across protocol upgrades to improve user experience and long-term supply dynamics.\n\nGovernance is currently implemented through a combination of foundation coordination (Avalanche Foundation), developer input from Ava Labs, and community-driven proposal processes (ACPs) rather than a fully on-chain DAO-based governance model. The project demonstrates active upgrade cadence and third-party audits to improve security posture, though governance critiques and centralization concerns—related to foundation responsibilities and Ava Labs’ role—are cited periodically in research. Roadmap priorities continue to emphasize Subnet adoption, cross-chain interoperability, developer tooling, and institutional integrations while addressing historical stability incidents via patch releases and validator coordination.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "PoS",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 7,
    "nodeDistribution": 28,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Moderately Decentralized"
}