Researched coins: 1,049
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

Axelar Price, Live Chart & Market Cap

Axelar (AXL): A Cross-Chain Platform for Seamless DeFi, Staking & Crypto Interoperability

Axelar Overview

Axelar links many chains so DeFi can move tokens and data across networks. It uses proof-of-stake and a global validator set to validate transactions. AXL holders participate in governance, stake for rewards, and help secure cross-chain connections. By simplifying interoperability, Axelar enhances the reach of decentralized apps everywhere.

Axelar: Secure Cross-Chain Interoperability

Utility & Use Cases AXL

Staking

Staking

AXL holders can stake their tokens to help secure Axelar. This earns staking rewards and supports network stability. Staking also grants governance rights.
Cross-Chain Transfers

Cross-Chain Transfers

Axelar offers bridges across multiple blockchains. Users can move assets between ecosystems, access new DeFi pools, and benefit from broader liquidity.
Smart Contract Connectivity

Smart Contract Connectivity

Developers integrate Axelar to enable cross-chain contract calls. This allows dApps to share data or tokens among different networks in real time.

Axelar Technologies Overview

Decentralized Validation

Decentralized Validation

Axelar uses a distributed validator set to confirm cross-chain events. This lowers central points of failure and increases security for bridging.
Multi-Chain Support

Multi-Chain Support

From Ethereum to Cosmos, Axelar connects many blockchains. This unified approach removes barriers for DeFi wallets and crypto exchange platforms.
Fast Transactions

Fast Transactions

Tendermint-based consensus ensures rapid finality. Users benefit from near-instant asset transfers with minimal downtime or delays.
Secure Cryptography

Secure Cryptography

Threshold signatures protect cross-chain commands. This advanced method requires multiple validators to authorize movements of wrapped assets.

Funding

Axelar secured $3.8M in seed funding in 2020, raised $25M in 2021, and later closed a $35M round at a $1B valuation in 2022.

Roadmap

Expanding Chain Connections

Axelar plans to add support for more networks, including non-EVM chains and emerging ecosystems. This helps unify liquidity and drive adoption.

Fee-Burning Mechanism

A governance proposal will introduce a burn model for AXL transaction fees. This can reduce token supply over time and enhance long-term scarcity.

Axelar Virtual Machine Rollout

Axelar aims to deploy a CosmWasm-based environment. Developers will launch cross-chain dApps directly on the network for seamless interoperability.

Axelar Security & Audit Reports

Axelar undergoes regular audits from reputable firms. Its proof-of-stake model, threshold cryptography, and bug bounties help protect user assets. No major hack has occurred to date, showcasing Axelar’s strong security record.

FAQ

How to stake Axelar tokens?

+
Use a compatible wallet, delegate AXL to a validator, and earn rewards based on your stake.

How to set up a cross-chain transfer?

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Go to a supported dApp, select Axelar bridging, and choose your source and destination chains.

What is the main role of AXL?

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AXL secures the network, enables governance decisions, and serves as a fee token for cross-chain operations.

Can I use Axelar for NFT transfers?

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Yes. Axelar’s platform supports interchain messaging, allowing NFTs to move across connected networks.

Is Axelar compatible with DeFi wallets?

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Yes. Many wallets integrate Axelar for seamless bridging and staking crypto without switching apps.

Top Crypto Exchanges to Trade Axelar (AXL)

# Exchange Pair Price 24h Volume
1 ~$0.58 $4,236,454
2 ~$0.59 $1,702,537
3 ~$0.59 $2,450,204
4 ~$0.59 $1,662,932
5 ~$0.59 $1,875,476
6 ~$0.59 $1,592,086
7 ~$0.58 $199,669
8 ~$0.59 $3,144,708
9 ~$0.59 $67,352
10 ~$0.59 $121,923
Axelar
Axelar AXL Price
#239
$0.41
-4.61%
Market Cap
Market capitalization of Axelar (AXL) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$402,259,029
Fully Diluted Variation
Fully diluted valuation of Axelar (AXL) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$492,040,223
24 Hour Trading Vol
24-hour trading volume shows the total amount of Axelar (AXL) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$20,273,287
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of Axelar (AXL) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of Axelar (AXL) in decentralized finance applications
$251,147,180
Circulating Supply
Circulating supply shows the number of Axelar (AXL) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
985,475,823.57
Total Supply
Total supply represents all Axelar (AXL) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
1,205,426,627.08

Info

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Whitepaper
Explorers
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