All-time High
$2.66
Mar 01, 2024
All-time Low
$0.27
Apr 07, 2025
Volume(24h)
$10.84M
Turnover rate
3.29%
Market Cap
$329.1231M
FDV
$402.6M
Circulating supply
$981.05M
Total supply
$1.2B
Max supply
Website
Contracts
Explorers
https://axelarscan.io/
https://axelarscan.io/
https://app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0x467719aD09025FcC6cF6F8311755809d45a5E5f3
https://etherscan.io/token/0x467719aD09025FcC6cF6F8311755809d45a5E5f3
https://bscscan.com/token/0x8b1f4432F943c465A973FeDC6d7aa50Fc96f1f65
https://polygonscan.com/token/0x6e4E624106Cb12E168E6533F8ec7c82263358940

Currency Calculator
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Community sentiment

26%
74%


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About Axelar
Where Can You Buy Axelar?
Axelar (AXL) tokens can be purchased on numerous exchanges, including: [Coinbase](https://coinmarketcap.com/exchanges/coinbase-exchange/), [Kraken](https://coinmarketcap.com/exchanges/kraken/), [Uniswap v3](https://coinmarketcap.com/exchanges/uniswap-v3/), [Huobi](https://coinmarketcap.com/currencies/axelar/markets/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/) and more. Keep track of AXL live prices in real-time with the [CMC mobile app](https://coinmarketcap.com/mobile/).
What Is the Circulating Supply of AXL Tokens?
Axelar has a total token supply of 1,070,075,609 AXL tokens. At the time of writing, the circulating supply is 301,937,372 AXL. According to the company, the allocations of AXL tokens are as follows: Backers: 29.5%; Team: 17%; Company operations: 12.5%; Community sale: 5%; Community programs (incl. insurance fund): 36%.
What Makes Axelar Unique?
One thing that sets Axelar apart is its secure cross-chain communication over a dynamic validator. While a handful of projects are using optimistic setups and federated multi-sig, Axelar claims to be the only network building these capabilities on Proof-of-Stake. Furthermore, the blockchain project has built protocols, APIs, and developer tools that make it easy for application developers to build cross-chain, without the need to learn a new programming language. “Our value proposition to the developer is that they can build on the chain that best suits their use case and background, while letting their users access anything on the decentralized web, with one click,” said co-founder Georgios Vlachos.
Who Are the Founders of Axelar?
The blockchain platform was launched in 2020 by Georgios Vlachos and Sergey Gorbunov, both part of the founding team at [Algorand](https://coinmarketcap.com/currencies/algorand/). While Georgios designed the Algorand consensus protocol, Sergey led the effort to standardize BLS signatures, a standard that is now adopted as a draft in CFRG and was followed by Ethereum 2.0 implementations and others. Sergey is an assistant professor at the University of Waterloo in Canada.
What Is Axelar (AXL)?
Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a [decentralized](https://coinmarketcap.com/alexandria/glossary/decentralized) network and tools to help builders of [decentralized applications](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) (dApps) with seamless [cross-chain communication](https://coinmarketcap.com/alexandria/glossary/cross-chain-communication) through its protocol suite, tools and APIs. Axelar features three core components – a decentralized network, a software development kit of protocols and APIs, and a set of gateway [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract) for [cross-chain](https://coinmarketcap.com/alexandria/glossary/cross-chain) connectivity. Powered by a decentralized network of [validators](https://coinmarketcap.com/alexandria/glossary/validator), anyone can join the network, build on it, or use it. Apps builders can interact with a simple API atop a permissionless network that routes messages and ensures network security via [proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) (PoS) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism). AXL is the native token of the Axelar network. The protocol also supports the cross-chain transfer of several native tokens via their wrapped [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) versions, including [AVAX](https://coinmarketcap.com/currencies/avalanche/) (Avalanche), [ETH](https://coinmarketcap.com/currencies/ethereum/) (Ethereum), [FTM](https://coinmarketcap.com/currencies/fantom/) (Fantom), [GLMR](https://coinmarketcap.com/currencies/moonbeam/) (Moonbeam), and [MATIC](https://coinmarketcap.com/currencies/polygon/) (Polygon). Meanwhile, Axelar has raised capital from top-tier investors, including Binance, Coinbase Ventures, Dragonfly Capital, Polychain Capital and others.
Axelar News
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Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance.
May 15, 2025 at 06:00 pm
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CETUS has just confirmed that their system was not attacked after users claimed to have lost lots of money on the platform. Instead, the CETUS team has confirmed that the oracle bug is the source of the problem.
May 22, 2025 at 07:49 pm
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Looks like someone was having a bad day at the office recently when Guns N' Roses played at Yokohama, Japan on Monday 5 May as part of their Live In Japan 2025 tour.
May 20, 2025 at 11:28 pm
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If you currently have even a faint pulse, you know that social media can be…well…awful. Fortunately, the Guns N' Roses Instagram and TikTok accounts shared a video to remind us…
May 20, 2025 at 03:36 am
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Distributed ledger bridge oracles have become a cornerstone of cross-chain interoperability in 2025, underpinning a new phase of blockchain connectivity that extends
May 19, 2025 at 01:12 pm
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Primer
May 13, 2025 at 07:23 pm
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Sui has officially joined forces with Axelar Network to unlock seamless cross-chain interoperability — a technical leap forward that immediately captured investor attention.
May 09, 2025 at 05:06 pm
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For builders and institutions looking for scalable, secure multichain deployments, the announcement, which was shared by both teams on May 8, marks a major turning point.
May 09, 2025 at 02:05 pm
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Band Protocol, a well-known data oracle entity for cross-chain operations, has announced the launch of Band Oracle v3 Testnet's phase 2
May 08, 2025 at 04:50 am
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