WAVAX is a wrapped version of AVAX that follows the ARC20 (ERC20-compatible) token standard, enabling seamless integration with DeFi apps and smart contracts. It maintains a 1:1 peg with AVAX and can be freely converted between the two.
WAVAX is a large-cap asset that represents the blockchain's native currency or monetary fee used to execute transactions on the network.
Wrapped AVAX has no dependencies.
WAVAX has a fixed supply. WAVAX is a wrapped version of AVAX that follows the ARC20 (ERC20-compatible) token standard, enabling seamless integration with DeFi apps and smart contracts. It maintains a 1:1 peg with AVAX and can be freely converted between the two.