Avalanche (AVAX)

Avalanche is a platform for launching and managing decentralized finance (DeFi) applications, digital assets, and enterprise blockchain solutions. Avalanche provides a platform for creating customizable subnets, each of which can have its own set of rules, assets, and governance. This allows developers to create their own decentralized applications and ecosystems with the Avalanche.

The AVAX is the native token of Avalanche, which is used to pay transaction fees and participate in the network's governance.