- #276
Wrapped AVAX WAVAX
WAVAX Price
Market Cap
$138.32 MRank #276FDV
$138.32 MRank #382Investors
Twitter Followers
Twitter Performance
2406EliteRank by Twitter #35- 0
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Detailed Performance
WAVAX shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
WAVAX to USD Converter
Price History
- All-Time High
- $1,998.1092.04x to ATH
- All-Time Low
- $8.672.50x to ATL
- Trade Launch Date
- 28 Apr, 2021
1228 days ago
Exchanges
Exchanges type
About WAVAX
Wrapped AVAX, or wAVAX, is a representation of AVAX (the native token of the Avalanche platform) on another blockchain. It is created by wrapping AVAX tokens and making them compatible with a different blockchain, typically Ethereum. This allows users to utilize AVAX on other blockchain networks that support wrapped tokens. The process involves depositing AVAX into a smart contract, which then mints an equivalent amount of wAVAX. This wrapped version of AVAX can then be used in decentralized applications (dApps), decentralized exchanges (DEXs), and other DeFi protocols on the target blockchain.
What makes Wrapped AVAX unique?
Wrapped AVAX (WAVAX) is unique compared to other cryptocurrencies because it represents a tokenized version of AVAX on the Ethereum network. This allows AVAX holders to interact with decentralized applications (dApps) and the broader Ethereum ecosystem. WAVAX is created by locking up AVAX on the Avalanche platform, which then issues an equal amount of ERC-20 WAVAX tokens that can be used on Ethereum. WAVAX can be traded, transferred, and used for various purposes within the Ethereum network, providing greater liquidity and interoperability for AVAX holders.
Live Wrapped AVAX Price Data
The current price of Wrapped AVAX (WAVAX) is approximately $21.71, reflecting a increase of 2.99% in the last 24 hours. The WAVAX trading volume in the last 24 hours stands at $27.12 million. Wrapped AVAX's market cap is currently $138.32 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of WAVAX is 6.37 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Wrapped AVAX's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WAVAX, check out our crypto insights page.
Official Links
WAVAX to USD Converter
Price History
- All-Time High
- $1,998.1092.04x to ATH
- All-Time Low
- $8.672.50x to ATL
- Trade Launch Date
- 28 Apr, 2021
1228 days ago