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Avalanche
Avalanche ($AVAX) is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains.
Quick Facts
- Avalanche is a Layer 1 blockchain
- Avalanche utilizes Snowball, a custom designed “Proof of Stake” (POS) consensus algorithm. Users are required to stake AVAX to become transaction validators. Validator nodes in a subnet repeatedly query each other to determine the validity of the network’s transactions until they reach a common decision — and thus establish network-wide consensus.
- Avalanche claims it can process up to 4,500 Transactions Per Second (TPS) per subnet and has unlimited capacity for generating subnets.
- Avalanche’s average Cost Per Transaction (CPT) is 58.3367 nAVAX
- Avalanche’s White Paper 📄
Technical Specifications
(as of 4/05/22)
Performance Data
Metric | Value |
|---|---|
Total Transactions Per Second (TPS) | 4,500 TPS per subnet, unlimited capacity to generate subnets |
Max Theoretical TPS | Avalanche has unlimited capacity for subnet creation, therefore it has an unlimited max TPS |
Average Cost Per Transaction (CPT) | 58.3367 nAVAX |
Block Height | 1,404,216 |
Environmental Impact | ∙ Study Finds Avalanche to Consume 35,000x Less Energy Than Ethereum and 200,000x Less Than Bitcoin ∙ CNBC: “Avalanche blockchain most energy-efficient crypto network” |
Bridges | ∙ Avalanche Bridge ∙ Spore Bridge ∙ Zero Bridge ∙ Multichain Bridge ∙ Synapse Bridge ∙ CBridge ∙ Allbridge ∙ RenBridge |
Github Activity
Metric | Value |
|---|---|
Repository Name | avalanchego |
Stars | 1522 |
Watchers | 116 |
Forks | 341 |
Contributors | 63 |
Merged Pull Requests | 661 |
Closed vs Total Issues | 330 out of 372 |
Financial Ecosystem
(as of 4/05/22)
Metric | Value |
|---|---|
AVAX Price | $96.14 |
Market Cap | $25.813B |
Ecosystem Ranking by Market Cap | #10 |
Token Trading Volume – 24hr | $1.185B |
Total Value Locked (TVL) | $11.28B |
Liquidity | $27.7M |
Number of Active Addresses | Submit data |
Circulating Supply | 267,582,031 AVAX |
Total Supply | 395,891,290 AVAX |
Node Count | 1,431 validators |
Inflation Rate | 26.55% |
Key Projects
Learning Resources
Social Media
Company Info
- Legal Name: Ava Labs, Inc.
- Founded: 2018
- HQ: New York, New York, United States
- Current employee count: 11-50 people
Key People
- Emin Gün Sirer
- Kevin Sekniqi
Funding Ecosystem
- Fund: Avalanche Foundation Unveils its $200M Ecosystem Fund
- Studio: Community-driven Avalanche Ecosystem Accelerator, Submit data
Investors
- Avalanche investors: 1confirmation, Paradigm, Kenneth Bok, IOSG Ventures, Yield Ventures, Cardinal Capital, Ava Labs
- Ava Labs (parent company) investors: CMS Holdings, Dragonfly Capital Partners, Polychain, Republic Crypto, Collab+Currency, Three Arrows Capital, Lvna Capital, Fundamental Labs, Digital Asset Capital Management, Lemniscap, NEO Global Capital, Hashkey, Galaxy Digital, Metaconomy Capital, Balaji Srinivasan, Ramtin Naimi, MetaStable Capital, Andreessen Horowitz, Abstract Ventures, Initialized Capital
On this page
- Avalanche
- Quick Facts
- Technical Specifications
- Financial Ecosystem
- Key Projects
- Learning Resources
- Social Media
- Company Info
- Key People
- Funding Ecosystem
- Investors





