Avalanche (AVAX)
Fact sheet · reviewed October 26, 2026
Avalanche is a fast proof-of-stake blockchain platform launched in 2020 by Ava Labs. Its coin, AVAX, pays fees and is staked by validators. Projects can also launch their own connected blockchains on it.
Key facts
| Launched | September 2020 |
|---|---|
| Created by | Emin Gün Sirer and Ava Labs |
| How it's secured | Proof of stake (Avalanche consensus) |
| Maximum supply | 720 million AVAX |
| Fees | Burned (destroyed) |
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What it's used for
Ethereum-compatible apps on its main C-Chain, and custom blockchains for games, finance and companies.
Risks to know
- Competes with many other fast networks.
- AVAX's price is volatile.
Buying and storing it
If you decide to buy, use a regulated exchange you reach directly, check fees with the true cost calculator, and store long-term holdings in a wallet you control. Read how to buy crypto safely. This page isn't a recommendation to buy.
Questions
Is Avalanche compatible with MetaMask?
Yes, its C-Chain works with Ethereum-style wallets.
Where to next
Sources
Facts checked against the sources listed, as of October 26, 2026. Educational only; not financial advice.