Axelar NetworkAXL

Supply-side fees for Axelar represent the fees earned by validators for facilitating General Message Passing (GMP) transactions across supported blockchain networks. Axelar charges a fixed fee of 0.2 AXL tokens per GMP transaction, which is paid to validators as supply-side revenue. This metric captures the total USD value of these validator fees on a daily basis across Ethereum, Arbitrum, Avalanche, Base, BSC, Celo, Fantom, Optimism, and Polygon networks. The calculation identifies all GMP transactions through Gateway contract events, applies Axelar's fixed fee structure, and converts the resulting AXL token amounts to USD using end-of-day price feeds.Learn more