Avalanche

Pair Categories

The classification of pair categories is determined in a top-to-bottom manner.

• AVAX-Stablecoin: the trade involves AVAX and a stablecoin.
• Bitcoin: the trade involves a Bitcoin-pegged asset. Some notable trading pairs are BTC-AVAX, BTC-USD, and BTC-BTC (for example, BTC.b-WBTC).
• Stablecoin Swaps: the trade has both the bought token and sold token as stablecoins.
• LST Swaps: the trade involves a Liquid Staking token.
• Tokenized Assets: the trade involves a tokenized asset. Examples include Gold, Equities, and Treasuries.
• Composite Tokens: the trade involves an composite asset. Examples include leveraged crypto tokens, portfolio of crypto tokens, and LP tokens.
• Project Tokens: the trade involves tokens that are issued by projects. An example would be governance tokens and L1 tokens (not including BTC or AVAX).
• AI Agents: the trade involves an AI agent token.
• Memes: The remaining volume from known memecoins as well as unclassified tokens.