Wrapped AVAX

WAVAX

Wrapped AVAX is the DeFi-compatible version of AVAX, which is the native currency of the Avalanche chain used for gas fees.

Risk Rating
Best
$18.30
-3.34%
What is Wrapped AVAX?

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Information
Blockchain
  • Avalanche
Key Metrics
  • Market Cap: $285M
  • Fully Diluted Valluation: $285M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #39
  • Circulating Supply: 15,653,297
  • Total Supply: 15,653,297
  • Volume (24H): $109.9M
  • ATH: $2,000.68 (12/17/2022)
  • ATL: $7.91 (12/12/2022)
Risk Assessment
Best
Asset Strength

Wrapped is a large-cap asset that represents the protocol`s native governance or utility token.

Dependencies

Wrapped AVAX has no dependencies.

Asset Tokenomics

Wrapped has a fixed supply. AVAX is "wrapped" to make it compatible with DeFi smart contracts. 1 Wrapped AVAX is always equal to 1 AVAX.

Asset Volatility

Wrapped AVAX is highly correlated to the overall market.

Things to know about WAVAX

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yield?

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WAVAX Pools
Pangolin AVAX-ETH Market Making
2.7%
Yield
$369K
TVL
Risk
C
Protocol
Pangolin
Chain
Avalanche
Pangolin AVAX-USD Market Making
9.2%
Yield
$156K
TVL
Risk
B
Protocol
Pangolin
Chain
Avalanche

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