Avalanche is an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Avalanche democratizes financial markets and bridges all blockchain platforms together into one interoperable ecosystem. The Avalanche IOU (AVAXIOU) page on CryptoCompare refers to the IOU for AVAX. Click [here](https://www.cryptocompare.com/coins/avax/overview) to visit the Avalanche (AVAX) original coin page. _The official Avalanche IOU ticker is “AVAX” and trades under that name on all the exchanges where it has been listed. The designation “AVAXIOU” is for CryptoCompare.com only._
