Chains (38)
Search for token, pair, wallet, ens, token address etc..
Axelar Bridge...
AXLUSDC
#1080
$0.9995
-0.06%
24H
Low
$0
High
$0
Tags
See all
0x1b...34a4
Contracts
Community
About Axelar Bridged USDC AXLUSDC
What is the project about? axlUSDC is a wrapped, multi-chain representation of USDC, a dollar stablecoin. For each unit of axlUSDC, there is a unit of USDC locked in an Axelar Gateway on Ethereum. axlUSDC is secured by a dynamic validator set running delegated Proof-of-Stake, which holds key shares in the Axelar Gateways via multi-party cryptography. Acquire axlUSDC in three ways: Swap via liquid pairs on any of the DEXs listed here. Swap via Squid, a cross-chain liquidity router built on Axelar. Mint via Satellite, a cross-chain bridge built by Axelar What can your token be used for? USDC is the ticker for USD Coin. It's a stablecoin, pegged to the US dollar, issued by Circle, a US company. So, what is axlUSDC, why do we need it, and how can you get it? This post will briefly explain. USDC is issued on Ethereum – but dApps and users in other ecosystems also value the stablecoin's properties. Many of them use axlUSDC, a wrapped version of USDC that can travel between chains, as a multi-chain stablecoin. In brief, axlUSDC is generated via cross-chain bridges. These dApps accept a deposit of USDC at an Axelar Gateway on Ethereum, and mint an equivalent amount of axlUSDC on the destination chain (minus fees). Two key points to understand what axlUSDC is and how it can be used: For every unit of axlUSDC, there is a unit of USDC locked in a Gateway on Ethereum. Once minted, axlUSDC can flow from chain to chain, without going back through Ethereum. Gateway addresses on various EVM chains and the token addresses of axlUSDC on various chains are listed in the Axelar docs, here.
Axelar Bridged USDC (AXLUSDC) Price Data
Axelar Bridged USDC (AXLUSDC) price has decreased today.
Axelar Bridged USDC price today is $0 with a 24-hours trading volume up by 3696621.33%. AXLUSDC price is down in the last 24 hours. It has a circulating supply is 10.5M AXLUSDC coins and a total supply of 10.5M.
Total Volume (24h)
$3,031,965
Market Cap
$10,530,579.34
Fully Diluted Val.
$10,530,579.34
CEX Volume (24h)
$3,031,965
DEX Volume (24h)
$3,696,621.32
Liquidity
$2,410,801.58
Circ. Supply
10,535,282
Total Supply
10,535,282
Rank
1,080
Similar Assets
Nexus Pro EUUS
$1.0786
Bridged Wrapped...
$2,695
Lido Staked Eth...
$2,283
Chainlink
$10.480