Avail (AVAIL)

Infrastructure for Developers

Avail provides a foundational data availability layer and cross-chain coordination that helps developers build scalable, interconnected blockchain applications. It supports a wide range of use cases including decentralized social media, on-chain gaming, and real-world asset tokenization.

Scalability and Interoperability

Avail DA unlocks limitless blockspace for high-throughput chains, making blockchains faster, lighter, and infinitely extensible. It enables seamless asset movement and liquidity routing across multiple blockchain networks without the need for bridges or complex network switches.

Security Layer

Avail Fusion allows staking of multiple crypto assets like BTC and ETH to enhance the economic security of the Avail network. This pooled security helps new appchains and rollups bootstrap their safety by leveraging staked economic value.

Cross-Chain User and Asset Access

Avail Nexus enables developers to access users, tokens, and apps from every major blockchain network in a permissionless way, simplifying cross-chain processes and allowing apps and assets to move freely across chains.

Use Cases

• Powering DeFi, stablecoins, gaming, and traditional finance with a scalable data layer
• Supporting applications with high data needs such as AI training platforms and complex DeFi protocols
• Enabling light clients to verify data efficiently, allowing secure blockchain interactions on devices with limited resources

Token Utility

The AVAIL token is used for transaction fees, staking, and governance within the Avail network, playing a central role in maintaining network security and operation.

Advantages

• Avail offers a modular blockchain infrastructure that simplifies integration for developers by removing concerns about validator sets or tokenomics.
• It provides a high-throughput, cryptographically verifiable data availability layer that supports scalable block space and faster finality.
• The Fusion Security Layer allows staking of major assets like Bitcoin and Ethereum alongside Avail’s native assets, enhancing network security.
• Avail Nexus connects multiple blockchains, enabling seamless user, token, and liquidity interaction without bridges or gas complexity.
• It supports interoperability and scalability, addressing blockchain ecosystem fragmentation and improving user experience.
• Developers can build on any blockchain (L1 or L2) without limiting reach, thanks to Avail’s chain-agnostic design.
• The platform enables access to all users, tokens, and apps from major blockchain networks through a single integration.

Disadvantages

• The AVAIL token price has significantly dropped from its all-time high (around -98.28%), indicating high volatility.
• The token is currently considered high-risk with uncertain price rebound prospects.
• Market competition, especially from Ethereum’s native data availability upgrades, may reduce demand for Avail’s services.
• Scheduled large token releases could increase circulating supply, potentially causing sell pressure.
• Recent price performance shows underperformance compared to the broader crypto market and similar smart contract platforms.

Founders

Avail was co-founded by Anurag Arjun and Prabal Banerjee. Both are former Polygon executives, with Anurag Arjun having co-founded Polygon Labs in 2017 and Prabal Banerjee leading research there.

Background

Avail started as a research project inside Polygon in 2020 and became an independent company in 2023. The founders aimed to address blockchain scalability and unify multiple ecosystems in Web3.

Investors in Avail

The main investors in Avail include Founders Fund (co-led by Peter Thiel), Dragonfly Capital, and Cyber Fund. Other notable investors are SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1, Alliance, and Hashkey Capital. Many of these investors, such as Founders Fund and Dragonfly, have supported Avail multiple times, increasing their investments over time.

Investment Highlights

• Founders Fund and Dragonfly are repeat backers.
• The project raised $75 million in 2024 from top investors.
• Foresight Ventures is a majority investor in The Block, a media outlet covering crypto news, and also invests in Avail.
• Angel investors also support Avail alongside venture capital firms.

These investors help Avail develop its modular blockchain technology, including its Data Availability (DA) layer, Nexus interoperability layer, and Fusion security layer.

Halal Status of Avail

Avail is halal if the project itself complies with Islamic finance principles. This means Avail must avoid interest (riba), gambling (maysir), and excessive uncertainty (gharar), and should be transparent, asset-backed, or based on profit-sharing. Since halal rulings depend on the specific structure and use of the token, and no direct information about Avail’s Shariah compliance is provided, a definitive yes or no cannot be given without further Shariah screening.