$97,258.00
0.87%$3,368.87
-0.20%$2.24
0.89%$662.04
-0.55%$184.01
-3.18%$0.32306
4.88%$1.00
0.15%$3,362.81
-0.45%$0.907603
3.61%$0.245198
0.82%$38.02
-0.23%$22.50
0.11%$4,007.20
0.24%$5.29
-0.54%$4.59
2.52%$0.00002206
4.57%$97,036.00
1.04%$0.358586
0.08%$7.02
1.01%$31.61
7.15%$0.254383
-2.54%$3,368.42
-0.15%$455.75
4.64%$9.27
0.24%$13.37
7.21%$99.94
3.50%$0.00001753
7.48%$3,565.92
0.07%$5.09
-0.17%$0.999903
0.04%$4.22
1.88%$9.73
-8.37%$0.99996
0.06%$10.29
2.66%$304.02
-1.05%$0.16103
2.42%$0.475762
1.52%$1.18
-0.44%$26.21
-0.43%$7.19
1.58%$0.04584074
-0.01%$191.79
2.48%$3.71
-1.38%$24.45
-0.01%$463.16
1.04%$1.27
-1.45%$0.75351
-1.08%$1.059
3.40%$0.120603
-1.53%$4.98
1.49%$1.015
5.92%$0.335468
3.27%$44.91
0.10%$2.66
7.97%$6.61
-0.52%$1.69
-1.63%$1.72
-0.85%$1.78
-1.71%$0.00003095
9.04%$1.37
-2.16%$4.98
0.67%$1.001
22.15%$2.16
9.50%$3,367.28
-0.28%$97,245.00
0.90%$20.73
-1.24%$0.208284
-1.19%$1.96
0.20%$0.03015599
15.30%$0.427355
1.11%$2.22
-0.48%$5.05
-1.05%$3,475.85
-0.08%$0.996934
0.11%$3,771.82
-0.32%$0.00017003
1.33%$12.90
2.94%$0.03319072
0.44%$110.09
2.60%$20.01
14.24%$3,543.31
-0.37%$1.70
5.17%$0.03568951
3.98%$0.02728937
0.14%$97,253.00
0.94%$1,639.51
-0.51%$0.02709027
0.55%$3.32
0.84%$0.999435
0.13%$0.569072
4.12%$11.13
3.62%$0.366874
1.45%$1.33
-2.10%$1.28
7.61%$0.22199
-2.28%$97,114.00
0.78%$4.38
1.48%$0.127845
-0.91%$3,465.71
0.01%$0.807674
1.11%$6.83
0.88%$187.46
-3.36%$35.06
-0.22%$1.59
4.82%$0.075372
8.22%$0.827529
-1.65%$0.709538
0.78%$1.17
6.33%$0.47405
-1.51%$16.08
-2.46%$53.70
0.69%$0.926884
-2.54%$0.293405
-0.45%$0.00000107
1.66%$1.45
-1.39%$229.71
-3.02%$0.807171
4.40%$14.04
-0.82%$6.22
3.92%$34.32
1.10%$0.476017
1.51%$96,410.00
0.30%$0.473975
-0.12%$0.886738
-19.64%$96,737.00
0.71%$3,371.08
0.66%$52.71
4.62%$5.11
6.78%$1.14
0.71%$2.96
-1.45%$0.00000202
-8.45%$3.19
-1.34%$3.73
-5.78%$0.711234
7.49%$0.084948
0.85%$3,364.91
-0.30%$0.998881
0.35%$0.15819
-0.68%$0.266433
-0.21%$197.01
-2.93%$0.601347
-0.48%$0.727466
-2.59%$80.77
3.29%$1.92
-1.78%$3,368.98
-0.32%$1.56
4.51%$2.37
-2.07%$0.749939
15.21%$0.00003467
0.53%$0.00683633
5.12%$2.01
-5.68%$262.41
0.06%$0.322343
4.20%$95,938.00
-0.10%$20.76
-0.85%$0.00775367
-2.34%$1.45
-1.25%$0.74229
0.84%$0.00631949
0.28%$2,630.09
-0.04%$0.99574
0.32%$0.17426
-2.77%$0.622768
-3.75%$3,548.55
-0.10%$5.58
0.76%$0.00011045
4.47%$0.612796
-7.74%$0.01115646
2.09%$3,650.05
-0.25%$2.44
4.47%$19.12
11.75%$0.00
9.63%$0.00841801
5.82%$3,371.30
-0.19%$1.084
6.87%$0.00619528
3.17%$26.19
-0.94%$10.69
-0.27%$0.081587
0.15%$1.021
0.43%$0.078438
0.70%$0.258547
-1.60%$1.15
-16.28%$0.383091
1.48%$1.27
9.20%$0.999649
0.10%$97,315.00
0.74%$2,620.60
-0.34%$9.03
-6.78%$96,459.00
1.31%$1.24
6.92%$0.00000052
0.32%$13.88
9.12%$3,369.20
0.10%$0.495717
9.82%$1.001
0.12%$1.46
-3.17%$3,369.15
-0.26%$30.69
6.65%$0.01068156
2.32%$0.04963509
6.70%$4.77
1.99%$0.42727
2.55%$96,931.00
0.49%$1.069
-3.81%$0.290829
40.78%$0.00601408
5.22%$0.060092
0.59%$0.064911
3.23%$3,525.79
-0.30%$3,622.00
-0.24%$36.21
-0.67%$0.00243498
3.45%$0.00621162
0.16%$2.02
-0.32%$3.25
3.91%$0.00537985
3.52%$5.23
-0.05%$0.00096987
5.22%$0.998498
1.01%$0.071001
-1.40%$25.63
6.22%$1.075
-0.28%$0.02082984
2.19%$88.28
-0.36%$0.221561
2.97%$0.99978
0.00%$0.459132
0.99%$0.00000313
-2.34%$0.207275
-0.63%$3,726.42
0.38%$2.42
-1.63%$0.88469
1.82%$0.03753901
1.48%$1.002
0.24%$0.00000017
0.05%$0.656948
1.92%$0.359005
4.13%$3.33
-0.48%$3,368.95
-0.41%$2.81
-6.20%$0.134457
-4.05%$0.03508132
1.56%$0.720236
9.64%$44.81
-0.10%$3,556.59
-0.52%$0.01043305
1.84%$0.349602
-0.74%
The price of AVAX, the token underpinning the Avalanche platform, has skyrocketed by 37.7% in the past 24 hours following the announcement of “Avalanche Rush,” a $180 million liquidity mining incentive program for blue-chip decentralized finance (DeFi) applications.
Avalanche, the project created by Cornell University computer science professor Emin Gün Sirer, is often touted as an “Ethereum killer” and is building a high-performance blockchain platform that offers a scalable and secure environment for creating decentralized applications (dApps).
It’s already making strides in the DeFi space, having incorporated several important solutions, including the Avalanche-Ethereum bridge and the integration of SushiSwap, one of the largest decentralized exchanges (DEX).
The project’s continued push into DeFi has helped the token too.
Hitting a three-month high too, AVAX has enjoyed a 100% increase in value over the last week, which makes it one of the top gainers in the market.
With a market cap of $5.8 billion, AVAX is currently the 27th largest cryptocurrency. At press time, the token traded hands at $31.39, according to CoinGecko.
The “Avalanche Rush” initiative is intended to bring more applications and assets to the platform’s DeFi ecosystem.
DeFi is a suite of financial services that resemble those on offer at traditional banks or investment firms. But instead of centralized entities, DeFi replaces brick-and-mortar institutions with lines of code and so-called “smart contracts.”
Initially, Aave and Curve, the two of the largest DeFi protocols with almost $25 billion in combined total value locked (TVL), will be launched on the Avalanche network.
Experience the power of #Avalanche. Welcome to #AvalancheRush, the $180M liquidity mining incentive program in collaboration with leading DeFi dapps–both on and off Avalanche– starting with @aaveaave and @curvefinance. And, this is just Phase 1! https://t.co/YGrrVB7Uqc
— Avalanche 🔺 (@avalancheavax) August 18, 2021
The Avalanche Foundation has allocated up to $20 million AVAX for Aave users and $7 million AVAX for Curve users, with additional allocations to be announced in the coming months.
