Axelar

Axelar

AXL #419
BBB 70% Token Watch

Project Safety Score: 70%

Updated 5 minutes ago
AxelarAXL
Market Cap$56737765
24hr Volume$1519900
24hr Change2.3%
Price$0.045801149438770596
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
82 A
100% · medium
Team
Credibility
73 BBB
60% · medium
Social
Behavioral
70 BBB
75% · low
Contract
Mechanics
84 A
100% · medium
Holder
Distribution
45 CC
100% · medium

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AXL Axelar Details
Type
L1, L2, or blockchain interoperability infrastruct
Team
Unknown
InfrastructureBNB Chain EcosystemAvalanche EcosystemPolygon EcosystemFantom EcosystemArbitrum EcosystemMoonbeam EcosystemEthereum Ecosystem

Axelar delivers secure interchain communication. That means dApp users can interact with any asset, any application, on any chain, with one click. You can think of it as Stripe for Web3. Developers interact with a simple API atop a permissionless network that routes messages and ensures network security via proof-of-stake consensus.

Axelar is a blockchain that connects blockchains. To do this securely, Axelar network uses proof-of-stake consensus. Network validators produce new blocks, participate in multiparty signing and vote on external chain states. Tokenholders stake the AXL token, delegating tokens to a validator’s staking pool and receiving rewards, minus the validator’s commission.

The AXL token is used for governance and to pay network transaction fees to validators and tokenholders. However, users of the Axelar network do not need to hold the token. Conversions into AXL tokens and destination-chain tokens are handled on the back end, so that users need only pay gas once, in the source-chain token.

Axelar network rewards are “inflationary” — they increase the total supply of AXL — but there is potential for supply to become deflationary based on the transaction fee mechanic described above.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Liquidity and market dynamics score 90 out of 100. Trading appears strong, with volume-to-market-cap support at 27.08% and 24h volume around $22,292,195 alongside liquidity depth of 84. Exchange listing data is extensive (64 exchanges), with 26 marked green, 28 yellow, and 4 red, suggesting broad accessibility despite some venue-level variability.

Team credibility score 73 out of 100. The project’s whitepaper quality is rated high (100), and there is 1 audit firm on record (60). However, the asset age is not available (no deploy or genesis date), and the agent could not determine whether the team is doxxed. Overall, there’s evidence of documentation strength and at least some review history, but key identity/timeline details remain unclear.

Social and behavioral score 67 out of 100. Social audience metrics show Twitter (linked) with follower data limited, Telegram at 8,252, and Reddit/other audience elements linked but not fully quantified. Sentiment is mostly positive (75% up / 25% down). Risk signals are mixed: 0 allegations, 0 bad press, and 0 regulatory items are recorded, but there is 1 incident. No enrichment record is available for additional social risk context.

Contract mechanics and token safety score 5 out of 100. There is no contract security scan available, no contract verification data, and no block explorer/ownership data to independently corroborate how the code and control flow operate. Supply cap status is the main concern: no hard supply cap is defined (5), which creates potential inflation risk. Circulating supply is high (94% of total), but without verified contract/supply rules, the low score reflects missing technical safety visibility.

Inherent crypto risk (Axelar): Even with strong liquidity and fairly supportive market sentiment, this asset carries smart-contract and token-structural risk due to limited verified technical information and the absence of a hard supply cap. For a smart-contract token, these gaps can matter as much as trading conditions, because they affect how reliably the protocol’s rules can be audited and how supply behavior may evolve.

  • Sergey Gorbunov - Co-Founder / CEO LinkedIn ↗
    Prior: Algorand (founding team member; Chief Cryptographer per Wikipedia)
    Axelar’s co-founder is Sergey Gorbunov.
  • Georgios Vlachos - Co-Founder LinkedIn ↗
    Prior: Algorand (founding team member per secondary bios)
    Axelar’s co-founders include Georgios Vlachos.
  • Common Prefix unknown report ↗
    Audit report for Axelar Gateway v2.1 (severity categories and findings breakdown included), with no explicit overall pass/fail outcome stated in the snippet.
View whitepaper ↗ (2021)
Quality: high
Max supply: 1000000000
Team allocation: 17.0%
Public: 5.0%
  • cross-chain bridge exploit (ReceiverAxelar / Axelar receiver validation bypass) tied to CrossCurve 2026-02-02 · $3000000
    An exploit in CrossCurve’s cross-chain setup reportedly abused a vulnerability in a contract called ReceiverAxelar, enabling spoofed cross-chain messages that bypassed expected gateway validation logic and resulted in an estimated ~$3M loss across multiple chains.
  • Multiple externally published security audit reports for Axelar-related gateway components (e.g., Common Prefix)
  • Token supply can be minted by the owner
  • No hard cap on total token supply
  • Owner can change any wallet's balance
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Cross-chain bridge exploit risk affecting Axelar-based receiver contracts (ReceiverAxelar) reported in 2026

Price Chart - Axelar

Contract Security

ethereum · 0x467719ad09025fcc6cf6f8311755809d45a5e5f3
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
12374
Top 10 Hold
68.2%
Top 50: 88.3%
Top Holders
  • 0xd2ff2d432a0078672… 32.51%
  • 0x54d1774631980b22c… 13.29%
  • 0xf42aac93ab142090d… 4.78%
  • 0x28c6c06298d514db0… 3.89%
  • 0x1a9d699aee3a56ca4… 3.01%
  • 0xa9d1e08c7793af67e… 2.56%
  • 0xfcac185644e5c6cd7… 2.35%
  • 0x5a52e96bacdabb82f… 2.06%
  • 0x2d2908c5873554f27… 1.93%
  • 0xcae35e657fe52adba… 1.85%
Source: ethplorer
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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$2.64
All-Time Low$0.0344
Circulating1238214123
Total Supply1254180363

Community Sentiment

👍 100% 0% 👎

Recent News

How to purchase Axelar: In-Depth Crypto Introduction

general 1 source 2 months, 1 week ago

How can I buy Axelar: Comprehensive Crypto Primer

general 1 source 2 months, 1 week ago

Axelar-bridged tokens worth $4.67 million drained in Secret Network contract exploit

hack 1 source 2 months, 3 weeks ago

How can I buy Axelar: Thorough Crypto Introduction

general 1 source 2 months, 4 weeks ago

Coinbase Expands New York Offerings with Axelar (AXL) Trading

general 1 source 3 months, 3 weeks ago

Circle’s acquisition of Axelar’s developers stirs up crypto community – AXL price falls over 16%

general 1 source 4 months, 2 weeks ago

Circle Acquires Axelar Team: What’s Next for AXL Token and Cross-Chain?

general 1 source 7 months ago

Is This the End for AXL Token Holders? Axelar Without Its Creators -

general 2 sources 8 months, 3 weeks ago

Axelar token investors cry foul as Circle’s Interop Labs acquisition cuts them out

general 1 source 8 months, 4 weeks ago

AXL Price Crashes 18% as Circle Abandons Token after Acquiring Axelar Network Developer

general 1 source 8 months, 4 weeks ago
Posts from the axelar
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Axelar GitHub