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Axelar

Axelar

$0.37
+$0.00042796
+0.12%
• Today

Info

Name
Axelar
Symbol
AXL
Network
Ethereum
Market Cap
$367M
Total Supply
177.63M
Circulating Supply
177.63M
Holders
10,403
Volume (24h)
$16K
+23.62%
Trades (24h)
51
+104.00%
Traders (24h)
39
+105.26%

About

Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus. Axelar is a blockchain that connects blockchains. To do this securely, Axelar network uses proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. Tokenholders stake the AXL token, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission. The AXL token is used for governance and to pay network transaction fees to validators and tokenholders. However, users of the Axelar network do not need to hold the token. Conversions into AXL tokens and destination-chain tokens are handled on the back end, so that users need only pay gas once, in the source-chain token. Axelar network rewards are “inflationary” — they increase the total supply of AXL — but there is potential for supply to become deflationary based on the transaction fee mechanic described above.

FAQ

The market capitalization of AXL is $367M as of Jul 16, 2025.

Market capitalization is calculated by multiplying the current price of AXL by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of AXL is $16K as of Jul 16, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for AXL.

The total supply of AXL is 177.63M.

The circulating supply, which represents the number of AXL currently available in the market, is 177.63M as of Jul 16, 2025.

AXL can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

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