Wrapped Avalanche (Universal) UAVAX
UAVAX
20.78
$
3.41 %
Change 24h
Market Cap
$ 85,242
Volume 24h
$ 6079.1
Circulating Supply
4103
Total Supply
3602
UAVAX
$
# | Exchange | Pair | Price | Volume 24h |
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Description
uAVAX is a wrapped implementation of AVAX designed to enable trading and DeFi integrations across multiple blockchains.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.