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Wrapped AVAX(WAVAX)

Token Price$8.07

24h Change-1.65%

All Time HighDec 17, 2022$2,001

All Time LowFeb 6, 2026$7.79

Key Metrics

Market Cap$138.2m

Fully Diluted Valuation$135.4m

Circ. Supply17.12m WAVAX

Volume 24h$52.46m

CEX Volume$0

DEX Volume$49.97m

Risks

How much debt can be issued against WAVAX as collateral across lending protocols.

Maximum possible exposure to WAVAX

$5.14m

$5.14m (max additional borrows against WAVAX)

Aave V3

$5.14m at-risk exposure = -- bad debt if hacked + $5.14m 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
Aave V3	Avalanche	AVAX0x0000000000000000000000000000000000000000	$5.14m	—

Risk Timeline

Risk-management actions published about WAVAX by tracked risk managers and governance contributors, newest first.

1 action

risk managerGauntletgovernance.aave.com

3 years ago

→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 119 pools

Pool	Project
open in new tab WAVAX-USDCCL 0.06%	Pharaoh V3	$3.06m	946%	0%	946%	321%
open in new tab WAVAX-USDCCL - 1	Blackhole CLMM	$1.73m	218056%	0%	218056%	53530%
open in new tab WAVAX-USDCCL - 200	Blackhole CLMM	$869,170	708%	0%	708%	472%
open in new tab WAVAX-USDCUniswap	Beefy	$320,455	169%			79.22%
open in new tab WAVAX-USDCCL - 1	Blackhole CLMM	$256,293	354827%	0%	354827%	72905%
open in new tab USDT-WAVAXCL - 200	Blackhole CLMM	$77,358	734%	0%	734%	499%
open in new tab AVAX-USDC0.05%	Uniswap V4	$59,606	7300%	7300%		2055%
open in new tab WAVAX-USDCCL - 50	Blackhole CLMM	$42,028	1700%	0%	1700%	2935%
open in new tab XAUT0-WAVAXCL - 200	Blackhole CLMM	$13,156	648%	0%	648%	101%
open in new tab WAVAX-BLACKCL - 200	Blackhole CLMM	$10,347	198%	0%	198%	380%

Page 1 of 12

Borrow

Tracking 8 routes

Pool	Project
open in new tabWAVAX ➞ BTC.B	Aave V3	$109.86m	0.93%	1.00%	-0.11%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ USDC	Aave V3	$6.52m	-2.85%	1.00%	-5.66%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ WETH.E	Aave V3	$4.52m	-0.51%	1.00%	-2.22%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ USDT	Aave V3	$2.79m	-3.04%	1.00%	-5.95%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ DAI.E	Aave V3	$432,519	-2.31%	1.00%	-4.87%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ EURC	Aave V3	$228,707	-2.22%	1.00%	-4.74%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ GHO	Aave V3	$179,979	-2.75%	1.00%	-5.52%	68%	$139.96m	$52.88m
open in new tabWAVAX ➞ AUSD	Aave V3	$19,494	-4.48%	1.00%	-8.06%	68%	$139.96m	$52.88m

Overview