Avalanche AVAX statistics put the token at $9.92 on October 16, 2026. That gives Avalanche a market capitalization of $4.40 billion and a CoinGecko market cap rank of 27. That price sits 93.16% below the all-time high of $144.96. Network use moved the other way, according to Nansen: Avalanche’s C-Chain processed a record 235.6 million transactions in Q2 2026, its seventh consecutive quarter of growth.
DefiLlama puts DeFi total value locked (TVL) on Avalanche at $597.65 million. That gap between record usage and shrinking locked value runs through the data below. The sections cover price, supply, staking, transactions, TVL, stablecoins, DEX volume, fees and tokenized assets. They end with exchange-traded funds and the public companies that hold AVAX.
Key Takeaways
- Avalanche’s C-Chain processed a record 235.6 million transactions in Q2 2026, the seventh consecutive quarter of growth.
- Avalanche DeFi TVL fell to $471.57 million on June 30, 2026, from $1.17 billion at the end of 2025.
- BlackRock BUIDL generated $1.67 million in 30-day fees on Avalanche, more than Pharaoh V3 at $1.42 million.
- Avalanche Treasury Company held approximately 15.3 million AVAX at the end of Q2 2026, and AVAX One held 12,223,020.604 AVAX tokens on June 30, 2026.
- Pharaoh V3 and Pharaoh DLMM handled 74.8% of Avalanche’s 30-day DEX volume.
- Avalanche’s staking ratio stands at 43.04%, spread across 602 validators and 45,623 delegators.
Editor’s Choice
- AVAX market capitalization: $4.40 billion on October 16, 2026.
- Avalanche validators: 602 on mainnet.
- Avalanche DeFi TVL: $597.65 million on October 16, 2026.
- Stablecoins on Avalanche: $1.36 billion in circulation.
- Avalanche DEX volume over one year: $52.29 billion.
- VanEck Avalanche ETF net assets: $20.82 million as of October 15, 2026.
Avalanche AVAX Statistics: Price and Market Cap
- AVAX traded at $9.92, with a market cap rank of 27 on CoinGecko.
- Fully diluted valuation exceeds market cap by $264.46 million, which values the 26.67 million AVAX of total supply outside circulation.
- AVAX reached its all-time high of $144.96 in November 2021 and now trades 93.16% below it.
- AVAX’s price is down 53.13% over one year.
| Metric | Value |
|---|---|
| Price | $9.92 |
| Market capitalization | $4.40 billion |
| Fully diluted valuation | $4.66 billion |
| 24-hour trading volume | $358.35 million |
| Market cap rank | 27 |
| All-time high (Nov 21, 2021) | $144.96 |
| All-time low (Dec 31, 2020) | $2.80 |
| Change from all-time high | -93.16% |
| One-year price change | -53.13% |
Source: CoinGecko (October 16, 2026)
About This Data
- Compiled from 33 sources: 13 CoinGecko market data snapshots, 7 DefiLlama and Ava Labs data feeds and 6 SEC filings.
- The rest are 3 fund issuer pages, 1 CME Group release and 3 sections of a Nansen report.
- Sources were published from April 2026 to October 2026; only network, company and issuer data, plus one analytics report, qualified.
AVAX Price History by Month
- AVAX opened November 2025 at $18.19.
- AVAX started 2026 at $12.31.
- AVAX traded at $6.38 on August 1, 2026.
- AVAX recovered to $10.94 by October 1, 2026.
- AVAX’s $9.92 price on October 16, 2026 is 55.5% above the August 1 reading.
View the data
Why is AVAX so low?
AVAX trades 93.16% below its $144.96 all-time high, and it lost 53.13% over the past year. Avalanche Treasury Company attributed approximately $35.7 million of its Q2 2026 losses to market-driven losses on its AVAX holdings. Price fell even as C-Chain activity set a quarterly record in Q2 2026.
Recent Developments
- October 7, 2026: Avalanche Treasury Company regained compliance with the Nasdaq $1.00 minimum bid price requirement.
- October 7, 2026: AVAX One reduced its convertible debt balance to approximately $970,000 as of September 30, 2026.
- October 1, 2026: AVAX One repurchased 333,500 of its shares in September 2026, with approximately $33.9 million left under its program.
- September 23, 2026: Avalanche Treasury Company sold 2,082,371.607744 AVAX to Avalanche (BVI), Inc. for $15,000,000, per its Form 8-K filing.
- August 26, 2026: Avalanche Treasury Company reported a Q2 2026 net loss of $44.7 million and approved a share repurchase program.
- August 5, 2026: Nansen reported stablecoin transfer volume of $84.4 billion and C-Chain DEX volume of $8.7 billion for Q2 2026.
AVAX Supply and Tokenomics
- AVAX has 443.56 million tokens in circulation.
- AVAX has a capped maximum supply of 720 million tokens.
- Circulating AVAX equals 61.6% of the maximum supply.
| Measure | AVAX (millions) |
|---|---|
| Maximum supply | 720.00 |
| Total supply | 470.23 |
| Circulating supply | 443.56 |
| Staked by validators and delegators | 204.57 |
Source: CoinGecko, Ava Labs Glacier API (October 16, 2026)
How many coins does Avalanche have?
Avalanche has 443.56 million AVAX in circulation, according to CoinGecko. The protocol caps maximum supply at 720 million AVAX, so circulating tokens equal 61.6% of the cap. Circulating supply, rather than the full cap, is what the market cap figure in the first section measures.
Avalanche Staking and Validator Statistics
- Avalanche mainnet has 602 validators and 45,623 delegators.
- Validators stake 162.30 million AVAX, while delegators add 42.27 million AVAX.
- The network’s staking ratio is 43.04%.
- Ava Labs’ Glacier API estimates annual validator staking rewards at 3.69 million AVAX.
- 334 validators run AvalancheGo 1.15.0, 245 run 1.15.1 and 23 are offline.
- As of October 15, 2026, Grayscale’s Avalanche Staking ETF reports gross staking rewards of 5.36%, with 64.27% of its AVAX staked.
View the data
Nodes on AvalancheGo 1.15.1 carry 129.62 million AVAX of total stake. That is 63.4% of the total, although they are the smaller group by count.
Avalanche C-Chain Transaction Statistics
- The C-Chain processed 235.6 million transactions in Q2 2026, including 76.4 million in April, 82.6 million in May and 76.7 million in June.
- Quarterly transactions rose from 21.9 million in Q4 2024 to 235.6 million in Q2 2026.
- C-Chain active addresses averaged roughly 621,000 daily in Q2 2026.
- Median C-Chain transaction fees fell 99.6% year over year to $0.000014.
- Ava Labs’ Metrics API counts 81.83 million C-Chain transactions in March 2026, up from 51.49 million in September 2025.
View the data
The table stops at March 2026 because the same feed is uneven after it. Its May 2026 and June 2026 counts land close to Nansen’s monthly figures. Its April 2026 and August to October 2026 counts read far below them, which points to incomplete indexing. Nansen’s Q2 2026 figures cover April to June instead.
Avalanche DeFi TVL Statistics
- On December 2, 2021, Avalanche DeFi TVL stood at $11.49 billion.
- TVL closed 2021 at $9.58 billion and 2022 at $768.18 million.
- Avalanche TVL ended 2024 at $1.31 billion and 2025 at $1.17 billion.
- TVL dropped to $471.57 million on June 30, 2026.
- The series’ October 16, 2026 endpoint sits 94.80% below the December 2, 2021 level.
View the data
By the numbers: DefiLlama data show Avalanche DeFi TVL at $471.57 million on June 30, 2026. In that same quarter, the C-Chain processed a record 235.6 million transactions. Transaction counts track payments, stablecoin transfers and consumer apps, while TVL measures assets deposited in DeFi protocols, so the two can diverge for long stretches.
Avalanche TVL Compared With Other Blockchains
- Ethereum holds $49.89 billion in DeFi TVL.
- Solana’s TVL is $5.93 billion.
- Solana’s TVL is 9.93 times Avalanche’s.
- Polygon’s TVL of $676.93 million is slightly more than Avalanche’s.
Of the eight chains in the chart below, Ethereum holds by far the most locked value in decentralized finance markets, and Avalanche holds the least.
View the data
Is AVAX better than Solana?
On DeFi TVL, Solana holds 9.93 times Avalanche’s locked value, DefiLlama data show. Solana also carries $15.66 billion in stablecoins against $1.36 billion on Avalanche. Neither figure ranks the networks for investors. Solana’s network statistics show a larger DeFi base, while Avalanche’s growth sits in payments and tokenized funds.
Stablecoins on Avalanche
- Stablecoins on Avalanche total $1.36 billion, per DefiLlama.
- Ethereum carries $144.02 billion in stablecoins.
- Avalanche’s stablecoin supply is 2.28 times its DeFi TVL.
- Stablecoin transfer volume on Avalanche reached $84.4 billion in Q2 2026.
- Tether had 443,000 unique users on Avalanche in Q2 2026, while USDC had 131,000 users.
View the data
Among the chains in this table, Ethereum and Tron hold the largest stablecoin market share by chain, and Avalanche’s base is small beside them. Even so, it is more than twice the chain’s locked DeFi value.
Avalanche DEX Volume Statistics
- Avalanche DEXs handled $111.99 million in the latest 24 hours.
- 30-day DEX volume on Avalanche is $4.17 billion.
- One-year DEX volume on Avalanche is $52.29 billion.
- All-time DEX volume on Avalanche is $314.28 billion.
- Pharaoh V3 handled $1,622.60 million in 30-day volume.
- Pharaoh led Q2 2026 DEX volume at $2.63 billion, followed by LFJ at $2.40 billion and Blackhole at $2.27 billion.
View the data
Pharaoh’s two venues carried 74.8% of the 30-day total. A single exchange family setting most of the volume means Avalanche’s DEX figures can swing with one protocol’s incentive program.
Avalanche Network Fees and Revenue
- Protocols on Avalanche generated $11.15 million in fees over 30 days.
- One-year fees on Avalanche total $120.54 million.
- All-time fees on Avalanche reach $1.25 billion.
- The Avalanche ecosystem recorded $21 million in protocol fees in Q2 2026.
View the data
Why it matters: DefiLlama data show BlackRock’s tokenized BUIDL fund earning $1.67 million in 30-day fees on Avalanche. That puts it ahead of every DEX in the table. Fee income on the network now leans on tokenized funds and lending as much as on trading, which makes it steadier than swap volume.
Real-World Assets on Avalanche
- Avalanche’s real-world asset (RWA) market reached $1.65 billion at the end of Q2 2026, up 27% quarter over quarter.
- BlackRock’s BUIDL doubled from $189 million at the end of April 2026, including a $197 million net inflow in May 2026.
- A Janus Henderson tokenized AAA collateralized loan obligation (CLO) fund became Avalanche’s largest Q2 fee earner at $3.35 million.
| Asset or measure | Value | Date |
|---|---|---|
| Avalanche RWA market | $1.65 billion | End of Q2 2026 |
| Avalanche RWA market | $1.33 billion | April 2026 |
| RWAs on C-Chain, excluding stablecoins | $1.25 billion | End of Q2 2026 |
| RWAs on Intain L1 | $395 million | End of Q2 2026 |
| BlackRock BUIDL | $402 million | June 30, 2026 |
| Janus Henderson tokenized AAA CLO fund | $260 million | Q2 2026 |
Source: Nansen Avalanche Q2 2026 Report
Tokenized funds such as BUIDL grew on Avalanche during Q2 2026. They belong to a wider asset tokenization market where issuers such as BlackRock run one fund on several chains.
Avalanche ETF and Futures Statistics
- The VanEck Avalanche ETF held $20.82 million in total net assets as of October 15, 2026, with a 0.20% expense ratio.
- VAVX returned -15.84% year to date as of October 15, 2026.
- Grayscale’s Avalanche Staking ETF reported $8,995,771 in assets under management and 895,259.2345 AVAX in the fund as of October 15, 2026.
- The Bitwise Avalanche ETF was set to begin trading on NYSE on April 15, 2026, with a 0.34% sponsor fee.
- CME Group launched Avalanche (AVAX) futures, with first trades executed on May 6, 2026, according to the CME Group announcement.
| Fund | Issuer | Exchange | Start date | Fee (%) |
|---|---|---|---|---|
| VAVX | VanEck | Nasdaq | Inception 12/22/2025 | 0.20 |
| GAVA | Grayscale | Nasdaq | ETP listing 03/12/2026 | 0.35 |
| BAVA | Bitwise | NYSE | Set to list April 15, 2026 | 0.34 |
Source: VanEck, Grayscale, Bitwise (2026)
Worth noting: VAVX and GAVA together held $29.82 million as of October 15, 2026, per the issuers’ fund pages.
AVAX Treasury Company Holdings
- Avalanche Treasury Company held approximately 15.3 million AVAX at June 30, 2026, representing approximately $100 million in carrying value.
- AVAT generated $1.5 million of staking revenue, net of fees, in Q2 2026 and $3.6 million in the first half of 2026.
- AVAX One held 12,223,020.604 AVAX tokens on June 30, 2026, down from 12,409,212.272 on December 31, 2025.
- AVAX One also deployed approximately 829,989 AVAX tokens into tAVAX, a liquid staking token.
- AVAT’s September sale of AVAX to the Foundation worked out to $7.20 per token.
| Holder | AVAX held | As of |
|---|---|---|
| Avalanche Treasury Company (AVAT) | approximately 15.3 million | June 30, 2026 |
| AVAX One (AVX) | 12,223,020.604 | June 30, 2026 |
| Grayscale Avalanche Staking ETF (GAVA) | 895,259.2345 | October 15, 2026 |
Source: Avalanche Treasury Company and AVAX One SEC filings, Grayscale (2026)
Like the firms in the corporate crypto treasuries tracker, both AVAX holders report token counts in filings.
Conclusion
AVAX trades at $9.92, 93.16% below its all-time high, yet the C-Chain processed a record 235.6 million transactions in Q2 2026. Payments, stablecoins and tokenized funds are carrying Avalanche’s activity, while locked DeFi value and the token price lag behind.
Asset issuers gain from cheap, fast blockspace, while token holders depend on that activity turning into fees and demand for AVAX.






























































