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# AVAX this week: +9% in seven days, positive funding on perps
- URL: https://zipmex.com/blog/avax-weekly-2026-09-08/
- Published: 2026-09-08T13:38:06.000Z
- Updated: 2026-09-08T13:38:06.000Z
- Description: Avalanche closed the week at $7.9 (+8.7% in 7 days, +22.2% in 30). Market cap, the seven-day range and what the ZIPMEX perp market is charging to hold a position, with sources.
- Author: ZIPMEX
- Tags: AVAX, Cryptocurrency

Avalanche (AVAX) trades at $7.9 on September 8, 2026: -1.8% over 24 hours, +8.7% over seven days and +22.2% over thirty. That leaves it 95% below the all-time high of $144.96 set on 2021-11-21\. Here is what the market and the ZIPMEX perp book say about the week, with every number sourced.

## The numbers

| Price                   | $7.9    |
| ----------------------- | ------- |
| 24 hours                | \-1.8%  |
| 7 days                  | +8.7%   |
| 30 days                 | +22.2%  |
| Market cap              | $3.4B   |
| 24h volume (all venues) | $376.1M |
| Market rank             | #29     |
| Perp open interest      | $65.8K  |
| Perp 24h volume         | $127.7K |
| Max leverage            | 20x     |

## Perps: funding and open interest

On ZIPMEX Perps the AVAX/USDC market shows an estimated funding rate of +0.0086% per eight hours (last settled: +0.0099%), $65.8K of open interest and $127.7K traded in 24 hours. Positive funding means longs are paying shorts: leveraged traders lean bullish and pay for the privilege. Max leverage is 20x.

## Levels from the last seven days

The seven-day high was $8.14 on 2026-09-08 and the low $7.08 on 2026-09-02, a 15% range. Reclaiming the all-time high would take a 18.3x from here. We do not publish price predictions; these are the levels the market actually printed.

## Method and sources

Snapshot taken 2026-09-08 13:38 UTC. Price, supply and market cap: CoinGecko. Perps: ZIPMEX Perps public market data. Volume across all venues and all-time high: aggregated market data. This digest is generated from those feeds and reviewed by ZIPMEX Research; numbers on the [AVAX landing](https://zipmex.com/tokens/avax/) refresh every minute.

*Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.*

[AVAX price, chart and security check](https://zipmex.com/tokens/avax/)

[Trade AVAX on ZIPMEX](https://trade.zipmex.com/perps/PERP%5FAVAX%5FUSDC?utm%5Fsource=zipmex.com&utm%5Fmedium=article)