ZetaChain Bridged USDC.AVAX (ZetaChain)Price

(USDC.AVAX)

On ZetaChain, USDC from different source chains is represented as distinct ZRC-20 tokens. Specifically, usdc.avax represents USDC that has been bridged from the Avalanche network. These tokens are not immediately interchangeable; for instance, usdc.avax and usdc.eth are separate assets. If a decentralized application only accepts one specific version, you must swap your tokens, which may involve liquidity considerations. This distinction ensures that each token is backed by assets held in custody on its respective native blockchain.

Slippage occurs because USDC liquidity on ZetaChain is split across multiple ZRC-20 versions, such as those from Avalanche, Ethereum, and BSC. Because liquidity is fragmented, individual pools for usdc.avax on decentralized exchanges may have lower depth than unified pools. To solve this, many ecosystem protocols utilize consolidated liquidity pools that combine various USDC versions into a single asset, which helps reduce slippage and provides a more efficient trading environment for users.

To move assets, you can use the official ecosystem hub or supported cross-chain bridges. The process involves sending native USDC on the Avalanche C-Chain to ZetaChain’s Threshold Signature Scheme (TSS) address. The protocol monitors this transaction and automatically mints the representative usdc.avax tokens into your ZetaChain wallet. A single transaction fee usually covers the Avalanche gas, the protocol's processing fee, and the destination gas.

Generally, no. Most centralized exchanges only support USDC deposits on native networks like Ethereum, Solana, or the Avalanche C-Chain. If you send usdc.avax directly from ZetaChain to an Avalanche deposit address on a CEX, your funds will likely be lost because the exchange is expecting a transaction on the Avalanche blockchain, not ZetaChain. Always verify if the exchange supports ZetaChain network deposits. If not, you must bridge your assets back to a native network before depositing to an exchange like LBank.

To withdraw, you must use a 'withdraw' or 'un-bridge' function through a supported dApp on ZetaChain. When you initiate this, the protocol burns the usdc.avax ZRC-20 tokens on the ZetaChain network. Simultaneously, it triggers a release of the original native USDC from the vault on the Avalanche network to your designated Avalanche wallet address. This ensures the 1:1 representation of the asset is maintained across chains.

No. Once your assets are on the ZetaChain network, all transaction fees are paid using the network's native ZETA token. Even though usdc.avax originates from Avalanche, it follows ZetaChain's gas rules while on that chain. However, you will still need AVAX on the source Avalanche network to pay for the initial gas required to bridge your USDC over to ZetaChain. The contract address for usdc.avax on ZetaChain is 0xa52Ad01A1d62b408fFe06C2467439251da61E4a9.