Axelar Network - Logo

Axelar Network(AXL)

143d ago
71d ago
19 chains

7d price-3.5%

30d price+12.6%

90d price-44.8%

180d price-25.5%

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What is Axelar Network?

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.

How does Axelar Network work?

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

Who governs Axelar Network?

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.
RevenueAxelar Network's share of transfer fees$0Enables cross-chain data and asset transfersSupply-side feesValidator's share of transfer fees$100ValidatorsFeesTotal transfer fees paid by users $100Cross-chain transactor
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.