
Avalanche (AVAX) Price
Source mode: Binance public market data
Reference price
+0.59% in 24h
Market capitalization
$11.4B
24h trading volume
$12.99M
24h range
24h price trend
Hourly closes over the last 24 hours
About this asset
What is Avalanche?
Avalanche is a smart contracts platform featuring sub-second finality and customizable sovereign Subnet architecture for enterprise and gaming applications.
As of 5 November 2026 at 12:01 UTC, Avalanche (AVAX) was priced at $8.73, up 0.59% over 24 hours, according to Binance public market data. Prices differ between exchanges; confirm on your chosen venue.
- Category
- Layer 1
- Symbol
- AVAX
- Market Focus
- Spot & Perpetual Futures
- Settlement
- USDT Pair
Overview & Institutional Context
Institutional subnet partnerships drive spot demand while perpetual open interest shows steady accumulation.
Market participants track AVAX liquidity across spot order books and perpetual futures derivatives to monitor funding rate basis and open interest trends.
Frequently asked questions
What is Avalanche (AVAX) used for?
Avalanche is a smart contracts platform featuring sub-second finality and customizable sovereign Subnet architecture for enterprise and gaming applications.
How is AVAX taxed in India?
Under Section 115BBH of the Indian Income Tax Act, gains from AVAX trading are taxed at a flat 30% rate with no deduction for expenses other than acquisition cost. Under Section 194S, a 1% TDS applies to transfer considerations exceeding statutory thresholds.