AVALANCHE 2021

REPORT
@Avaxians
Avaxians' Note
Although Avalanche has only been launched for over a year, it has
received great support from the community. From the perspective of an
Avalanche supporter, Avaxians would like to thank all the communities that
Solanians Terrians
have accompanied Avalanche over the years.

To accomplish certain successful milestones, Avalanche has struggled a

lot at the beginning, such as having to solve the difficult problem of how
to attract developers and users before dozens of other competitors. World of Binancians
Our Sapians Dfinians

Time finally told that Avalanche was on the right track, from a DeFi
ecosystem without any dApp to now a "fertile ground" for more than 200
dApps with millions of users everyday.
Fantomians Cardians
In 2021, Avalanche has had a great development. This is not a stop, but
rather the first milestone of a long journey ahead.

Thank you to all Avaxians and wish Avalanche a thriving 2022!

Avaxians Nearians

Avalanche Report 2021 | 2 @Avaxians

OVERVIEW

Avalanche Report 2021 | 3 @Avaxians

TABLE OF CONTENTS DeFi & NFT
● Avalanche Ecosystem Overview
Overview
● DeFi Protocol TVL on Avalanche
● Market Cap Comparison
● Where to buy? Where to store?
● Avalanche C-Chain Statistics
● Bridge
● 2021 Recap in numbers
● AMM
● $1,000 investment in AVAX
● Launchpad

● NFT

Highlights
Earning
● 2021 Highlight events

● Avalanche Rush DeFi Incentive Program

Prediction
● Blizzard DeFi & NFT Incentive Program

Follow us!

@Avaxians
MARKET CAP COMPARISON OF BLOCKCHAINS
$470B $88B Since its launch in Sep 2020, Avalanche has excellently grown into the top
6 blockchain platforms with the highest market capitalization.

$54B But the potential of Avalanche does not stop there, the real potential of
Avalanche comes from the number of users in the DeFi ecosystem.

Currently, Avalanche is in the top 3 DeFi ecosystems with the highest TVL
$44B in the market, just behind Ethereum and Binance Smart Chain.

$31B
$29B

Supported over 300 dApps

Listed on 60+ exchanges
$13B DeFi TVL
Less than $1 Transaction fee

Binance
Ethereum Smart Chain Solana Cardano Terra Avalanche

Avalanche Report 2021 | 5 Updated: Dec 31st 2021 @Avaxians

AVALANCHE C-CHAIN STATISTICS
Daily Tx Count Daily Active Address
800K 100K

The market in 2021 has 2 growth waves in March 75K

2021 and August 2021, in the first growth wave,
Avalanche did not have outstanding growth. 50K
600K
But in the second wave, the Avalanche ecosystem 25K
had a very strong growth in number of developers
and users. That is demonstrated through On-chain 0
metrics such as Daily transactions, Daily Active Jan 2021 Dec 2021

400K Addresses and Cumulative Addresses.

Cumulative Address
1M

200K 750K

500K

250K
0
0
Jan 2021 Dec 2021
Jan 2021 Dec 2021

Avalanche Report 2021 | 6 Updated: Dec 31st 2021 @Avaxians

2021 RECAP IN NUMBER
Top Staking by Country
$400,000,000
Total Fund for Avalanche Rush &
Blizzard DeFi Incentive Programs

61.2% AVAX Staking Ratio

Tokens Issued on
19K+ Avalanche blockchain

Active validators on
1,177 Avalanche blockchain

1. USA 3. UK 5. India Operating blockchains

2. Germany 4. South Africa 6. Australia

10 on Avalanche Ecosystem

Avalanche Report 2021 | 7 @Avaxians

IF $1,000 WAS INVESTED FROM THE BEGINNING OF 2021
(Smart contract platforms)

$39,310 AVAX
From the DeFi Summer Season in 2020, Blockchain platform is
the lead growing segments among other segments such as DeFi,
Infrastructure, Oracle,...
$12,606 EGLD

Although the blockchain platform category gathers $7,222 ADA

many competitors, Avalanche still showed great
performance. $7,094 NEAR

With the advantages of a young $5,451 ETH

ecosystem: low market cap, strong
growth to adapt to the DeFi wave, AVAX
$4,333 ALGO
has grown by 3,900%.

$3,346 TRX

$2,873 DOT

$2,250 XLM

$70 ICP

$1,000 ROI (YTD)

Avalanche Report 2021 | 8 @Avaxians

$180M
Projects participating in the
DeFi Incentive Program

Avalanche Report 2021 | 11 Updated: Dec 31st 2021 @Avaxians

HIGHLIGHTS

Avalanche Report 2021 | 9 @Avaxians

2021 HIGHLIGHT EVENTS ON AVALANCHE
Since the first peak, AVAX dropped from $50 to $10. But that didn't stop AvaLabs FTX listed Avalanche

$140 from continuing to grow. Since the beginning of the year, Avalanche has been
developing infrastructures, integrating Stablecoins to create the foundation for DeFi.
AvaLabs then launched two Incentive Programs, one for DeFi and the other for NFT
with the total value of $400 million. These are the program that have driven the
growth of TVL by attracting developers and users from other ecosystems.
Avalanche launched $220M
$105
Blizzard Incentive Program

First bridge was built from Tether launched USDT Avalanche launched $180M
Ethereum to Avalanche on Avalanche blockchain Avalanche Rush Defi
$70 Incentive Program

Circle launched USDC

on Avalanche blockchain
$35

Coinbase Pro
listed Avalanche
Crypto.com Exchange
listed Avalanche
$0
Jan 2021 Mar 2021 Jun 2021 Sep 2021 Dec 2021

Avalanche Report 2021 | 10 Updated: Dec 31st 2021 @Avaxians

Blizzard Incentive Program
$220,000,000
Ava Labs Launched Incentive
for DeFi & NFT called “Blizzard”

Avalanche Report 2021 | 12 @Avaxians

DEFI

Avalanche Report 2021 | 13 @Avaxians

 AVALANCHE ECOSYSTEM
Wallet DeFi

Oracle

Tooling + Dapp NFT + Gaming Privacy

DAO

Storage

Avalanche Report 2021 | 14 Updated: Dec 31st 2021 @Avaxians

PROTOCOLS’ TVL ON AVALANCHE
Project’s TVL TVL

Aave $6,100,000,000 $17,940,000,000

$18B
BenQi $4,180,000,000 $17.9B
Although Avalanche adopted DeFi later than other
blockchain platforms, it had the strongest growth.
Trader Joe $2,210,000,000 Even though the market had 2 strong corrections
$10.5B
on May 19th and December 4th, Avalanche has
Wonderland $1,920,000,000 excellently recovered and experienced a dramatic
TVL growth afterwards.
Curve $960,000,000
In terms of TVL, Lending is the dominant segment, $7B
followed by AMM DEX and Yield Aggregator.
Blizz $738,000,000

YieldYak $436,000,000
$3.5B
Pangolin $283,000,000

Cream Finance $243,000,000

$0B
Beefy Finance $200,000,000 Jan 2021 Mar 2021 Jun 2021 Sep 2021 Dec 2021

Avalanche Report 2021 | 15 Updated: Dec 31st 2021 @Avaxians

WALLET & EXCHANGE
Where to buy? In AVAX we trust!

Although Avalaunch was launched at the end of

2020, it has shown an outstanding performance
compared to the competitors.

This helped Avalanche receive the trust of many

reputable Centralized exchanges in the world,
including Binance, Coinbase, Huobi, FTX,...

Where to store?
Currently, users can buy AVAX on 70 different CEXs
& DEXs.

At the same time, AVAX has been supported to be

stored on 20 different non-custodial wallets such
as Coin98 Wallet, Trust Wallet, Math Wallet,
Ledger,...

Avalanche Report 2021 | 16 @Avaxians

 AVALANCHE BRIDGES

Arbitrum BSC Ethereum

Solana Polygon Fantom

AllBridge Anyswap Multichain

Ren Bridge Hotcross
Synapse Celer

As an EVM-compatible blockchain, Avalanche For non-EVM blockchains, only AllBridge

C Chain can be easily supported by popular Bridges supports the connection between Avalanche
in the market like Anyswap, Multichain, etc. to and Solana. As for other blockchains like
transfer assets to other EVM-compatible blockchains Cosmos, Terra, users still have to transfer assets
like Ethereum, BSC, etc. via Centralized Exchanges CEXs).

Avalanche Report 2021 | 17 @Avaxians

AMM DEXS COMPARISON

Platform Trader Joe Pangolin Lydia Finance Hurricane Yetiswap

Native Token JOE PNG LYD HCT YTS

Market Cap $342M $66M - - $3.5M

TVL $2000M $257M $11M $18M $1M

Trading volume $540M $60M $1M $1M $100K

AMM, Earn,
Stake, Farm AMM, Stake, AMM, Earn, AMM, Earn,
Other Functions Launchpad,
Lending Earn, Bond Bridge Stake, NFT
Lottery, Stake

Blockchain

Avalanche Report 2021 | 18 Updated: Dec 31st 2021 @Avaxians

AVALAUNCH’S PROJECTS COMPARISON
Yay Games Kalao Hurricane Roco Finance Oh! Finance

Date Sep 3rd Sep 17th Sep 27th Oct 13th Oct 21st

Category GameFi NFT & Metaverse AMM GameFi Yield Protocol

Token YAY KLO HCT ROCO OH

Token Price $0.011 $0.04 $0.03 $0.12 $0.08

Actual Raised $379,000 $541,000 $250,000 $500,000 $600,000

Imperium
Crabada Talecraft Colony Platypus
Empires
Date Nov 2nd Nov 17th Dec 1st Dec 9th Dec 16th

Category GameFi GameFi DAO AMM GameFi

Token CRA KLO CLY PTP IME

Token Price $0.018 $0.28 $0.3 $0.1 $0.045

Actual Raised $400,000 $900,000 $2,000,000 $1,050,000 $1,000,000

Avalanche Report 2021 | 19 Updated: Dec 31st 2021 @Avaxians

NFT Projects

Avalanche Report 2021 | 20 @Avaxians

EARNING
OPPORTUNITY

Avalanche Report 2021 | 21 @Avaxians

EARNING IN AVALANCHE
The DeFi Stack in the Avalanche ecosystem has been SWAP ASSET ASSETS
relatively fulfilled. If users have Stablecoins or AVAX, they
can invest in multiple assets Inside the Avalanche
ecosystem through different AMMs.

To be able to earn safe, low-risk profits, users can supply

assets in Lending Protocols. If anyone accepts higher risk
for higher reward, they can farm in Liquidity Pools from
different AMM DEXs or Yield Aggregators.

FARMING LENDING
High risk - High reward Low risk - Low reward
AMM Liquidity Pools Yield Aggregators

Supported Assets

AutoFarm

Avalanche Report 2021 | 22 @Avaxians

INVESTING OPPORTUNITIES THROUGH LAUNCHPAD
Token Market Cap

CRA $54 M 4,569%

OH $2 M 3,225%

PTP $18 M 2,010%

ROCO $21 M 1,197%

KLO $12 M 1,134%

CLY $30 M 474% Avalaunch is the first launchpad project of the Avalaunch ecosystem as
well as a project backed by many members of AvaLabs. Because of this,
Avalaunch received lots of attention from the community.
YAY $4 M 73%
More specifically, Avalaunch has launched 4 DeFi projects, 5 GameFi
projects and 1 DAO projects. Except Talecraft with negative returns, all
HCT $1 M 70% other projects brought positive ROI with an average of 1.140%+. This is an
attractive profit number for those who hold $XAVA and take advantages
of these Launchpad opportunities.
CRAFT $2 M -10%

Avalanche Report 2021 | 23 Updated: Dec 31st 2021 @Avaxians

2022
PREDICTIONS

Avalanche Report 2021 | 24 @Avaxians

 2022 PREDICTIONS

DeFi Others Coming soon!

The DeFi ecosystem of Avalanche has grown

significantly from 10 to 200 projects within a year. DEX/Yield
Aggregator
However, in order to avoid the "consequences"
that BSC and Polygon have been experiencing for
attracting users via short-term incentives,
Liquidity
Avalanche needs to create a playground for real
AMM DEX
builders to create products that users really need.
Lending

Including DeFi 2.0 applications, Avalanche has

built Layer 3 applications of the DeFi Stack such
Infrastructure
as Derivatives, Options, and Asset Management,
Stablecoin
which will utilize liquidity from Layer 2
Bridge
applications.

Blockchain

Avalanche Report 2021 | 25 @Avaxians

 2022 PREDICTIONS
NFT, Gaming & Metaverse
NFT and GameFi are the two categories on Avalanche witnessing the most significant growth in late 2021, thanks to the migration of the GameFi
trend from Ethereum with a number of representatives like Cradabra, Talecraft,... However, in 2022, GameFi projects need to improve the tokenomics
designs in order to sustain the positive feedback loop.
For the Metaverse category, no project has had the vision to build a real metaverse similar to Decentraland or Sandbox on Ethereum, so this will be a
notable niche for the Avalanche ecosystem if it has enough resources to deploy.
Additionally, Avalanche needs to develop a central NFT Marketplace in order to gather NFTs and create a place for both DeFi users and projects to
grow with NFT as the base.

Avalanche Report 2021 | 26 @Avaxians

CLOSING THOUGHTS

It’s so exciting to watch and participate in a growing industry year by year, month by month, or even week by week.
It’s our honour to be here with all of you to witness these victorious moments of Avalanche.

Thank you for spending time on our 2021 report.

Hope you’ve enjoyed reading the report, gained insights about the market and made some theses for your own investing strategies in 2022.

We wish you a successful year in the crypto market!

-------------
Website: Coin98.NET
Telegram: @Avaxians
Twitter: @Avaxians

Avalanche Report 2021 | 27 @Avaxians

Thank You
Dec 2021

@Avaxians