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

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.

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.

Axelar Network AXL

Archived