contributor@AaveLabsgovernance.aave.com
↑Deploy Aave V4 on Avalanche
Proposed for inclusion in the new Aave V4 deployment on Avalanche, which is seen as a low-risk expansion due to the network's proven track record and existing Aave V3 user base.
Overview
Wrapped AVAX(WAVAX)
Token Price$6.44
24h Change-0.57%
All Time HighDec 17, 2022$2,001
All Time LowJun 19, 2026$5.71
Key Metrics
Market Cap$88.68m
Fully Diluted Valuation$88.37m
Circ. Supply13.78m WAVAX
Volume 24h$634,220
CEX Volume$0
DEX Volume$36.46m
Risks
How much debt can be issued against WAVAX as collateral across lending protocols.
Maximum possible exposure to WAVAX
$6.7m
$6.7m (max additional borrows against WAVAX)
Aave V3
$6.7m at-risk exposure = -- bad debt if hacked + $6.7m additional borrowable against WAVAX
Methodology and limitations
Showing collateral exposure for WAVAX on Avalanche. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for WAVAX as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
AVAX0x0000000000000000000000000000000000000000 | $6.7m | — |
Risk Timeline
Risk-management actions published about WAVAX by tracked risk managers and governance contributors, newest first.
risk managerGauntletgovernance.aave.com
→Gauntlet risk parameter updates for AVAX V3 and OP V3
Gauntlet's simulations indicate that lowering the liquidation bonus for WAVAX on Aave V3 AVAX maintains protocol market risk at reasonable levels while optimizing capital efficiency, with no significant additional risk from recent market price changes and borrower positions.
Token Usage
An is required to view token usage.
Yields
Showing 10 of 104 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWAVAX-USDCCL - 200 | $620,346 | 1112% | 0% | 779% | |||||
| open in new tabWAVAX-USDCCL 0.10% | $437,618 | 597% | 0% | 747% | |||||
| open in new tabWAVAX-USDCUniswap | $268,819 | 284% | 336% | ||||||
| open in new tabBTC.B-WAVAXCL - 200 | $225,211 | 1506% | 0% | 1194% | |||||
| open in new tabWETH.E-WAVAXCL - 200 | $177,711 | 880% | 0% | 617% | |||||
| open in new tabWAVAX-USDCCL - 1 | $51,369 | 352266% | 0% | 182266% | |||||
| open in new tabWAVAX-USDCCL - 50 | $30,725 | 6230% | 0% | 3291% | |||||
| open in new tabUSDT-WAVAXCL - 200 | $29,651 | 1302% | 0% | 1186% | |||||
| open in new tabWAVAX-USDCCL - 1 | $26,877 | 277855% | 0% | 214219% | |||||
| open in new tabXAUT0-WAVAXCL - 200 | $10,656 | 296% | 0% | 3971% |
Page 1 of 11
Borrow
Tracking 8 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWAVAX ➞ BTC.B | $131.14m | 2.19% | 2.29% | -0.15% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ WETH.E | $13.6m | 1.19% | 2.29% | -1.61% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ USDC | $7.49m | -0.37% | 2.29% | -3.90% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ USDT | $2.9m | -0.60% | 2.29% | -4.24% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ DAI.E | $2.17m | 0.19% | 2.29% | -3.09% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ EURC | $233,631 | -0.83% | 2.29% | -4.59% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ GHO | $150,671 | -4.77% | 2.29% | -10.38% | 68% | $104.73m | $63.41m | ||
| open in new tabWAVAX ➞ AUSD | $17,796 | -4.86% | 2.29% | -10.52% | 68% | $104.73m | $63.41m |