Avalanche (AVAX) perpetual futures on Polymarket track the spot price of Avalanche in USD, with no expiry. AVAX is the native token of Avalanche, a layer-1 blockchain platform that uses its own Avalanche consensus protocol to confirm transactions quickly. Avalanche is developed by Ava Labs, co-founded by Emin Gün Sirer, Kevin Sekniqi and Maofan Yin, and its mainnet launched in September 2020; AVAX is used to pay transaction fees and to stake to secure the network. Avalanche's consensus design grew out of research at Cornell University, and the platform lets projects launch their own customizable blockchains that connect to the wider Avalanche network.