Is AVAX deflationary?

Key figures

Scores are 0–100 research shortcuts, not price forecasts. Sources: partial. Data as of Sep 6, 2026.

Supply history

Daily observed effective supply from the approved protocol adapter. Scheduled releases are shown separately below.

Upcoming releases

Supply changes with network use rather than a fixed release schedule. Validator rewards remain the principal variable supply source.

No calculable AVAX release is published for the coming months.

How AVAX supply changes

AVAX has a 720M cap. Validator rewards mint supply while all transaction fees are burned, making the net path usage-dependent.

Questions people ask about AVAX supply

Is AVAX deflationary?

AVAX supply is expected to grow over the next twelve months (+3.4% estimated). That figure is a measured estimate from 6 dated observations over 304 days. Under its all transaction fees burned program, tokens are permanently destroyed, funded by network fees. Its unlock timing is not fully disclosed, so releases are scored as unknown rather than as zero. Beneat Supply Watch ranks AVAX #16 of 25 with an overall supply score of 72 out of 100, as of Sep 6, 2026.

When is the next AVAX unlock?

No dated AVAX release is published for the coming months: supply changes with network use rather than a fixed release schedule. Validator rewards remain the principal variable supply source.

How much AVAX is in circulation?

431.8M AVAX is in circulation, about 60.0% of the 720.0M reference supply, with a market cap of $3.29B. Release progress is 3 of 5; expected completion: Dynamic to cap.

How does AVAX supply change?

AVAX has a 720M cap. Validator rewards mint supply while all transaction fees are burned, making the net path usage-dependent. Program: All transaction fees burned. Paid for by network fees. Destination: permanently burned.

How reliable is this data?

AVAX has partial sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.

Sources

• CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
• Ava Labs · Official AVAX supply, rewards and cumulative burn ↗2026-09-01

Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for AVAX.