Avalanche
Every tokenized asset we measure on Avalanche, section by section — the treasuries, stablecoins, commodities and more, with each fund's share of the chain. Every figure is read onchain, never estimated.
Measured on this chain
$1.3B
0.5% of all measured capital
Network rank
#9
of 50 networks by capital
Instruments
12
from 12 issuers
Over time
What settles on Avalanche, measured daily.
Outstanding capital measured on Avalanche by asset class, every day since the series began — the chain total is the top edge of the stack. Use the window or scrubber to zoom; hover any day to read that day's figures.
OnChain Benchmark · Avalanche
Avalanche capital by asset class
Series through Oct 1, 2026, under the previous methodology. The index is being republished under the current rules.
Tokenized treasuries
$452.2M — 33.6% of Avalanche.
5 instruments measured on Avalanche, ranked by capital. Each links to its own page.
| Instrument | Issuer | Share of chain | Measured on AVAX (USD)▼ |
|---|---|---|---|
| BUIDL | BlackRock / Securitize | 30.9% | $416.4M |
| BENJI | Franklin Templeton | 2.6% | $34.4M |
| VBILL | VanEck | 0.1% | $707.9K |
| XTBT | OpenTrade | 0.1% | $706.5K |
| JTRSY | Anemoy Capital SPC Limited | <0.1% | $1 |
Stablecoins
$699.6M — 52.0% of Avalanche.
6 instruments measured on Avalanche, ranked by capital. Each links to its own page.
| Instrument | Issuer | Share of chain | Measured on AVAX (USD)▼ |
|---|---|---|---|
| USDT | Tether | 25.9% | $349.3M |
| USDC | Circle | 25.6% | $344.2M |
| EURC | Circle Internet Financial Europe SAS | 0.3% | $4.2M |
| XSGD | StraitsX (Fazz Financial Group) | 0.1% | $1.3M |
| EUROP | Schuman Financial / SALVUS SAS | <0.1% | $613.1K |
| EUROe | Paxos Issuance Europe (formerly Membrane Finance) | <0.1% | $122 |
Tokenized equities
$194.5M — 14.4% of Avalanche.
1 instrument measured on Avalanche, ranked by capital. Each links to its own page.
| Instrument | Issuer | Share of chain | Measured on AVAX (USD)▼ |
|---|---|---|---|
| SECZ | Securitize Corp. | 14.4% | $194.5M |
Coverage
What this figure does — and doesn't — include.
We count a deployment only when we can read its supply onchain and value it with a real price. Figures are measured, not estimated.
Excluded on Avalanche — 9 instruments