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
$28.36
8.93%
What is Wrapped AVAX?

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Information
Blockchain
  • Avalanche
Key Metrics
  • Volume (24H): $11.3M
  • 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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WAVAX Pools
Pangolin AVAX-ETH Market Making
3%
Yield
$850K
TVL
Risk
C
Protocol
Pangolin
Chain
Avalanche
Pangolin AVAX-USD Market Making
7.8%
Yield
$292K
TVL
Risk
B
Protocol
Pangolin
Chain
Avalanche

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