Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

Wrapped AVAX Price, Live Chart & Market Cap

Discover Wrapped AVAX (WAVAX) for low fees, fast trades, and seamless DeFi integration

Wrapped AVAX (WAVAX) Overview

Wrapped AVAX (WAVAX) unlocks seamless integration with Avalanche DeFi. It is a tokenized version of AVAX, fully backed 1:1. WAVAX ensures broad compatibility with lending, farming, and DEX features. It allows instant swaps, stable liquidity pools, and deeper utility across the ecosystem.

Wrapped AVAX (WAVAX): Speedy DeFi Compatibility

Utility & Use Cases WAVAX

Staking Access

Staking Access

WAVAX helps users stake on Avalanche-based platforms. It offers flexible yields while keeping simple unwrap options.
Liquidity Pools

Liquidity Pools

Provide WAVAX pairs on DEXs to earn fees. Supporting stablecoins or altcoins, it deepens trading volume and market fluidity.
Borrowing and Lending

Borrowing and Lending

Use WAVAX as collateral or borrow it in lending protocols. This fuels leverage, hedging, and creative DeFi strategies.

Wrapped AVAX Technologies Overview

Fast Transactions

Fast Transactions

WAVAX runs on Avalanche’s near-instant confirmation, making trading and transfers quick and cost-effective.
Cross-Chain Bridges

Cross-Chain Bridges

Thanks to Avalanche’s interoperability, WAVAX can move across networks, expanding liquidity and DeFi reach.
Smart Contract Compatibility

Smart Contract Compatibility

WAVAX is ARC-20 compliant, so it integrates seamlessly with DeFi apps, NFT platforms, and automated yield strategies.

Funding

WAVAX itself had no separate sale. Its value derives from AVAX, which raised around $42M in 2020 via public and private rounds.

Roadmap

Liquidity Enhancements

Planned incentives on major Avalanche DEXs to spur deeper WAVAX pools. Targets improved volume and stable yields.

Subnet Expansion

WAVAX will integrate seamlessly with emerging subnets, providing faster app support and new DeFi pipelines.

Protocol Upgrades

Avalanche aims for sub-0.5 second finality. These improvements will enhance WAVAX speed, bridging, and overall security.

Wrapped AVAX Security & Audit Reports

WAVAX’s contract follows a proven wrapped token model. Independent audits and Avalanche’s robust validation secure operations. No major exploits have targeted WAVAX directly to date.

FAQ

What is Wrapped AVAX?

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It is a tokenized form of AVAX on Avalanche, pegged 1:1 to the original coin.

Why use WAVAX instead of AVAX?

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WAVAX follows the ARC-20 standard, making it easier to integrate with many DeFi apps and platforms.

How to stake WAVAX?

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Deposit WAVAX into a compatible staking crypto protocol on Avalanche to earn yields while keeping a liquid position.

How to convert AVAX to WAVAX?

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Simply wrap AVAX via a decentralized app or in certain wallets. Unwrap whenever you need the native coin again.

Can I use WAVAX on a crypto exchange?

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Yes, many Avalanche-focused exchanges and DEXs list WAVAX. It trades exactly like a standard ARC-20 token.

Is WAVAX suitable for farming?

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Yes. Pair WAVAX with other tokens in yield farming pools to pursue passive income and trading rewards.

Does WAVAX support NFTs?

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Absolutely. Use WAVAX on NFT marketplaces to buy, sell, or mint digital collectibles within the Avalanche ecosystem.

Top Crypto Exchanges to Trade Wrapped AVAX (WAVAX)

# Exchange Pair Price 24h Volume
1 ~$35.47 $34,070,146
2 ~$35.34 $33,528,833
3 ~$2,891.86 $25,647,318
4 ~$35.41 $23,134,457
5 ~$92.27 $15,475,176
6 ~$2,896.83 $14,964,299
7 ~$35.47 $380,479
8 ~$0.021 $8,113,079
9 ~$92.18 $6,323,166
10 ~$35.36 $6,284,925
Wrapped AVAX
Wrapped AVAX WAVAX Price
#97
$20.28
-3.5%
Market Cap
Market capitalization of Wrapped AVAX (WAVAX) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$307,595,888
Fully Diluted Variation
Fully diluted valuation of Wrapped AVAX (WAVAX) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$307,595,888
24 Hour Trading Vol
24-hour trading volume shows the total amount of Wrapped AVAX (WAVAX) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$6,263,982
Circulating Supply
Circulating supply shows the number of Wrapped AVAX (WAVAX) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
15,169,404.32
Total Supply
Total supply represents all Wrapped AVAX (WAVAX) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
15,169,404.32

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Avalanche Network 0xb31...5fd66c7
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