Axelar
$0.0550
-0.6%(24h)Today
-0.6%
30 Days
29.2%
Price Change (24h)
-$0.000304
View on TradingView
Price of Axelar Today
The live price of Axelar is $0.0550 per AXL/USD, -0.55% in the last 24 hours. It has a market cap of $53.76M and $3.18M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. AXL has a circulating supply of 1.23B.
Current price
$0.055024h high
$0.058224h low
$0.053024h
-0.55%7d
+1.28%30d change
+29.21%AXL Market Stats
Rank
#467
By market cap
Market Cap
$53.76M
24h Volume
$3.18M
Across 5 exchanges
FDV
$68.94M
If all tokens were issued
Circulating Supply
1.23B AXL
Total Supply
1.25B AXL
Max Supply
—
No fixed cap
Listed on
5 exchanges
Website & Community
Website
Categories
InfrastructureBNB Chain EcosystemAvalanche EcosystemPolygon EcosystemFantom EcosystemArbitrum Ecosystem
Where to buy Axelar
Axelar is available on 4 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Binance | AXLUSDT | $392.56K | Buy AXL on Binance |
| Bybit | AXLUSDT | $223.97K | Buy AXL on Bybit |
| Coinbase | AXL-USD | $100.48K | Buy AXL on Coinbase |
| Bitget | AXLUSDT | $27.20K | Buy AXL on Bitget |
Price: $0.0550 — Price Source: 5 exchanges
We may earn a commission when you sign up through these links. This never affects the prices shown.
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What is Axelar?
Axelar is a blockchain project focused on enabling cross-chain communication for Web3 applications. It offers a decentralized network, a software development kit with protocols and APIs, and gateway smart contracts designed to facilitate connectivity between different blockchain networks. The network operates on a proof-of-stake consensus mechanism, with validators securing the system and routing messages.
The project's native token, AXL, is used within the Axelar network. The protocol also supports cross-chain transfers of several native tokens through wrapped ERC-20 versions, including AVAX, ETH, FTM, GLMR, and MATIC. Axelar has received funding from investors such as Binance, Coinbase Ventures, Dragonfly Capital, and Polychain Capital.
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Axelar was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, who were both part of the founding team at Algorand. Vlachos designed the Algorand consensus protocol, while Gorbunov led efforts to standardize BLS signatures, a standard adopted as a draft by CFRG and followed by Ethereum 2.0 implementations. Gorbunov is also an assistant professor at the University of Waterloo in Canada.
In December 2022, Axelar introduced a $60 million startup funding program backed by over 15 blockchain investors, aimed at supporting the development of decentralized applications and protocols that could replace centralized exchanges. The total token supply of AXL is 1,070,075,609, with a circulating supply of 301,937,372 at the time of writing. Token allocations include 29.5% for backers, 17% for the team, 12.5% for company operations, 5% for community sale, and 36% for community programs.