# Axelar Network

> Track Axelar Network's fees, revenue, TVL and active users with daily on-chain data across 13 chains. See charts and datasets in one place. Updated daily.

Source: [Axelar Network on Token Terminal](https://tokenterminal.com/explorer/projects/axelarnetwork). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: AXL
- Sectors: Interoperability
- Chains: arbitrum, avalanche, base, bsc, celo, ethereum, fantom, hedera, linea, monad, optimism, polygon, solana
- Archived: Tracking paused following Axelar's migration from the Gateway to the Interchain Token Service (ITS). Historical values are unaffected.

## About

### What it is

Axelar Network is an interoperability protocol that allows for decentralized transfers of data and assets between blockchains. Axelar Network was founded by Sergey Gorbunov and Georgios Vlachos, and was launched in 2022. This dashboard currently only includes data for the following chains: Arbitrum, Avalanche, Base, BNB Chain, Celo, Ethereum, Fantom, Optimism, and Polygon.

### Who uses it

AXL tokenholders own and govern the protocol. They currently take a cut of transfer fees paid by transfer senders (revenue). Axelar Network’s investors include Polychain Capital, Dragonfly Capital, North Island Ventures, etc.

### How it works

Axelar Network node operators validate cross-chain transactions. They currently take a cut of transfer fees (supply-side fees).

## Metrics

Token Terminal tracks these metrics for Axelar Network daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/token-supply-circulating)
- [Total value locked](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/tvl)
- [Transaction volume](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/transaction-volume)
- [Transfer volume](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/transfer-volume)
- [Fees](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/revenue)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/code-commits)
- [Transaction count](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/transaction-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/axelarnetwork/metrics/take-rate)

## Links

- [github](https://github.com/axelarnetwork)
- [twitter](https://twitter.com/axelarnetwork)
- [discord](https://discord.com/invite/aRZ3Ra6f7D)
- [etherscan](https://etherscan.io/token/0x467719ad09025fcc6cf6f8311755809d45a5e5f3)
- [website](https://axelar.network/)
