Avalanche AVAX
Strong evidence Evidence 79%
Key facts
Why
Ava Labs (CEO Emin Gun Sirer, President Charley Cooper, Chief Protocol Architect Stephen Buttolph, CFO Lydia Chiu, General Counsel Lee Schneider listed on its team page). Wikipedia names Sirer as founder; the Avalanche Foundation is described as the non-profit supporting the network.
source sourceWhy
Ava Labs is described as an American company (Wikipedia) and the Avalanche Foundation as a non-profit. The exact registered entity names and jurisdictions were not verified from a registry.
sourceWhy
Ava Labs audits repository lists audits by Halborn (2021), OpenZeppelin (MerkleDB 2023-03-14, Warp Messaging and Teleporter 2023-11-16, Interchain Token Transfer 2024-07-03), Least Authority (2023-2024), Louis (2023-2024). The list covers specific components (bridge, Teleporter, wallets, MerkleDB); a full audit of the base protocol/consensus was not found. Latest dated entry on the list: 2024-07-03.
source sourceWhy
Protocol rules change via the ACP process: a change is scheduled for activation by node client teams only after an 'overwhelming majority' signals support, and node operators adopt it by running the client. Privileged parties named in the ACP docs: ACP maintainers (control repo merges) and the Avalanche Foundation (meets to recommend ratification). No key able to mint, freeze or upgrade the base chain was found in sources read, but I did not read a protocol document that states this explicitly. The Foundation and Ava Labs also hold AVAX and influence client releases.
sourceWhy
Not verified from an official source. Only third-party MEXC tokenomics page lists scheduled unlocks (not used because third-party and internally inconsistent). Staking rewards are minted continuously from a capped supply (720M stated by third-party pages).
Price beside proof
How measured
DefiLlama 'Avalanche' entry, trailing 1 year (total1y). Fees = gas fees paid by users; 'revenue' = AVAX fees burned, not income to a company. DefiLlama's revenue 1y figure slightly exceeds its fees 1y figure; both reported as returned. Currency not stated on the API page (assumed USD as is DefiLlama convention).
How counted
CoinMarketCap holder list did not load; no verified top-10 figure.
Context only: not scored and not a valuation. Aggregator data as of 7 Oct 2026.
Today's price, and what it would take
Snapshot from the aggregator on 7 Oct 2026. The live price loads from CoinGecko when your browser allows it.
Pick a multiple of the last 12 months of fees. The tool shows the token price that multiple would imply with today's supply. The multiple is your assumption, not our estimate. The market pays 1,276 x annual fees today.
Fees are what users pay, not what holders receive: how much reaches token holders depends on the design (burns, treasury, fee switches, validators). The result ignores issuance, risk, growth and time. A lens to ask questions, not a valuation or advice.
Where the points come from
Incidents and legal actions
Incidents
- None found in our search.
Regulator and court actions
- None found in our search.
What we could not verify
Not verified: top-10 holder concentration (CoinMarketCap holders list did not load); AVAX unlock schedule for the next 12 months (no official schedule read); registered legal entity names/jurisdictions of Ava Labs and the Avalanche Foundation; explicit statement that no admin key exists on the base chain. Supply figures differ between CoinGecko/CoinMarketCap pages (total 469.95M vs 'max 715.74M'), so none are used here. Fees/revenue are DefiLlama's 'Avalanche' entry only (units not stated on API page).
Editor notes
- Researcher found no key able to mint, freeze or upgrade the chain but no source states this explicitly; treated as not verified.
Facts as of 7 Oct 2026. Searches are not exhaustive. Report an error with a source: corrections policy. Education only, not investment advice.
Sources
- [1] CoinGecko Avalanche accessed 2026-10-07
- [2] DefiLlama fees API Avalanche (fees) accessed 2026-10-07
- [3] DefiLlama fees API Avalanche (revenue) accessed 2026-10-07
- [4] Kraken AVAX price page accessed 2026-10-07
- [5] Ava Labs team page accessed 2026-10-07
- [6] Wikipedia Avalanche (blockchain platform) accessed 2026-10-07
- [7] Ava Labs audits repository accessed 2026-10-07
- [8] Avalanche support: audits article accessed 2026-10-07
- [9] avalanchego repository (BSD-3-Clause) accessed 2026-10-07
- [10] Avalanche ACPs repository accessed 2026-10-07
- [11] CoinMarketCap Avalanche (supply) accessed 2026-10-07
Common questions about Avalanche
Is Avalanche a good investment?
This page does not say, and it is not investment advice. It shows what can be checked. In our pilot check, Avalanche shows strong evidence, score 93 out of 100, with 79% of the evidence verified. Price and market value are context, not a valuation. Use the key facts and sources above and decide for yourself.
Who controls Avalanche?
Control risk: No privileged key. Details and sources are in the key facts above.
Has Avalanche been independently audited?
Independent audit: Published. Details and sources are in the key facts above.
How much new AVAX supply is coming in the next 12 months?
New supply in the next 12 months: Not verified of the current supply. Details and sources are in the key facts above.
Does Avalanche have revenue we can check?
Revenue evidence: Checkable on-chain. Details and sources are in the key facts above.