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Axelar

#223
AXL
$0.073466
24h-3.84%
7d+28.69%
30d+69.69%

Axelar Price Performance

Low
High
$0.072728
$0.083546

Axelar Key Metrics

Market cap
$85.44M
FDV
$100.4M
Volume (24h)
$26.94M
Vol/Mkt Cap (24h)
0.29%
Total supply
1.24B AXL
Circulating supply
1.16B AXL
Profile score
83%
Updated May 02, 2026Rank #703

AXL to USD Converter

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Resources

Website
WebsiteWhitepaperBlog
Socials
@axelarcorer/axelarDiscord@axelarcommunityaxelarnetwork@axelar-network
Explorers
axelarscan.iomintscan.io

Information

Repositories
axelarnetwork/axelar-local-devaxelarnetwork/axelar-coreaxelarnetwork/axelar-docsaxelarnetwork/axelar-examples
CN2

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Axelar Overview

24h High
$0.08
24h Low
$0.07
24h Change
-3.84%
7d Change
+28.69%
30d Change
+69.69%
Volume 24h
$26.94M
Market Cap
$94.21M
Circulating Supply
1.16B AXL

Axelar News

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About Axelar

AXL is the native token of the Axelar network, which enables decentralised cross-chain communication by connecting independent blockchain platforms. AXL is primarily used for staking within the network's Delegated Proof-of-Stake system, allowing validators to secure the protocol and process cross-chain transactions using threshold cryptography. The token also functions as a means of payment for transaction fees and grants governance rights to holders, who can vote on network upgrades, supported chains, and protocol changes. Additionally, AXL supports network recovery mechanisms by enabling fallback controls in case of validator failure or system stalls. Through these roles, AXL facilitates secure interoperability, decentralisation, and network coordination across multiple blockchain ecosystems.
AXL is the native utility and governance token of the Axelar network. It serves several critical functions within the system: 1. Validator Staking and Delegation: AXL is used within a Delegated Proof-of-Stake model. Validators must stake AXL to participate in consensus, and token holders can delegate their AXL to validators to share in rewards and governance influence. Validator performance and security are incentivised through staking rewards and slashing mechanisms. 2. Transaction Fees: AXL is used to pay for operations on the network. This includes transaction fees for processing cross-chain requests and maintaining bridges between chains. These fees contribute to validator rewards and help secure the network. 3. Governance: AXL token holders participate in governance decisions regarding the Axelar network. This includes voting on proposals to add or remove supported blockchains, adjust economic parameters, or enact changes to the network's protocol. 4. Security via Threshold Cryptography: Validators jointly control threshold accounts on various chains. The integrity and security of cross-chain transactions depend on validator cooperation, which is directly tied to the value they stake in AXL. A high threshold (e.g. 90%) is required to authorise transactions, maximising safety. 5. Emergency Recovery Mechanism: AXL is involved in governance-controlled recovery processes in case of a network stall. Emergency unlock keys may be shared with governance-selected community stakeholders, providing an additional layer of decentralised control.

Axelar was founded by Sergey Gorbunov and Georgios Vlachos, both of whom have strong academic and technical backgrounds in cryptography and distributed systems. Sergey Gorbunov holds a PhD in cryptography from MIT and has worked on threshold cryptography and privacy-enhancing technologies. The team includes researchers and engineers with experience from companies such as Algorand, MIT, and other blockchain infrastructure projects.

The project was first introduced via a whitepaper published in January 2021. Axelar has received backing from prominent investors in the blockchain industry and operates as an open-source, decentralised protocol that welcomes developer participation and validator onboarding.

Axelar Markets

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Axelar Platforms

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Learn About Axelar

Three Scenarios for Axelar as Cross-Chain Demand Explodes
Blockchain logoBlockchain

Three Scenarios for Axelar as Cross-Chain Demand Explodes

Daily cross-chain transfer volume on Axelar came to $4.5 million in 24 hours on February 9, 2026. This was the largest amount for a 24-hour period yet in 2026. Volumes are accelerating. Will the curve sharpen? Flatten out? Or will it be broken entirely? Three scenarios, all based on different assumptions, each with a very different price outcome for the AXL token.

Archie Dutton logoArchie DuttonApr 3, 2026
9m
Three Enterprise Deals That Changed Hedera's Trajectory in 2025
Blockchain logoBlockchain

Three Enterprise Deals That Changed Hedera's Trajectory in 2025

Hedera's governance model attracts businesses that desire oversight from institutions, which makes it different from other blockchain networks. Ethereum is strong because it has millions of users all over the world. Solana's quick transactions still draw DeFi apps to its system. Big companies are getting spots on the Hedera council, giving them the ability to run validator nodes.

Archie Dutton logoArchie DuttonMar 10, 2026
7m

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Axelar Market Data

The live Axelar price today is $0.07 USD with a 24-hour trading volume of $26,941,290.98 USD. We update our AXL to USD price in real-time. Axelar is down 3.84% in the last 24 hours.

The current market cap is $94,208,562.69 USD, ranking #223 by market capitalization. The circulating supply is 1,162,980,935 AXL.