AvalancheAVAX

Avalanche generated $92.5M in gross revenue from Nov 2022 to Nov 2026 (1462 days), with $92.5M retained as net revenue. $90.9M accrued to AVAX token holders. Its primary token utilities include Network Security, Staking Rewards, Gas Token, Service Payments, and Other.

This averages $$63.2K in daily gross revenue across the tracked period.

AVAX accrues value through 1 mechanism: Direct Token Burn.

• Direct Token Burn: All transaction fees across the Primary Network (C-Chain base fee and priority fee, X-Chain fixed fees, P-Chain dynamic fees) are permanently burned, directly removing AVAX from circulating supply without a market buyback step.

Yes, Avalanche burns or redistributes AVAX tokens via Direct Token Burn. In 2026, approximately $2.0M worth of value was returned to token holders through these mechanisms.

Yearly token holder distributions:

• 2026: $2.0M
• 2025: $8.4M
• 2024: $17.9M

AVAX serves 5 primary functions within the Avalanche ecosystem: Network Security, Staking Rewards, Gas Token, Service Payments, and Other. The protocol generates fees from user activity, with a portion distributed back to AVAX holders. Value flows back to token holders through Direct Token Burn.

Token utilities:

• Network Security: AVAX is staked by validators (minimum 2,000 AVAX) and delegators (minimum 25 AVAX) to secure the Avalanche Primary Network through proof-of-stake consensus, providing sybil attack resistance.
• Staking Rewards: Validators and delegators earn staking rewards minted from the protocol's inflationary issuance, with up to ~7.65% APY and higher percentage rewards for longer staking durations.
• Gas Token: AVAX is the native gas token for the Avalanche Primary Network (C-Chain, X-Chain, P-Chain), required to pay transaction fees for all operations including transfers, smart contract interactions, and DeFi activities.
• Service Payments: AVAX is spent for discrete protocol services such as creating new Avalanche L1 blockchains (burning ~1 AVAX plus ongoing monthly fees of 1–10 AVAX) and asset creation on the X-Chain.
• Other: Governance on the Primary Network operates through a stake-weighted consensus model where validators' influence is proportional to their total stake amount, without formal voting proposals—delegators indirectly contribute governance weight to their chosen validator.

Value accrual mechanisms:

• Direct Token Burn: All transaction fees across the Primary Network (C-Chain base fee and priority fee, X-Chain fixed fees, P-Chain dynamic fees) are permanently burned, directly removing AVAX from circulating supply without a market buyback step.

In 2026, Avalanche generated $2.0M in gross revenue. Of that, $2.0M was distributed to token holders.

Year-by-year revenue breakdown:

• 2026: $2.0M gross revenue — $2.0M to holders
• 2025: $8.4M gross revenue — $8.4M to holders
• 2024: $17.9M gross revenue — $17.9M to holders

Avalanche's gross revenue has increased by 264.5% over the past 90 days compared to the prior 90-day period, from $245.0K to $892.9K.

• Recent 90d daily average: $9.9K/day
• Prior 90d daily average: $2.7K/day