Axelar
ClaimAxelar is a blockchain interoperability network that connects institutions and developers to multiple blockchains through a single integration platform.
Key numbers · TVL $153M · per DefiLlama · updated Sep 23
Overview
Axelar provides infrastructure for deploying and managing tokens, such as stablecoins and real-world assets, across 80+ blockchains via its Interchain Token Service. It also offers institutional trading access through a product called Fullport and supports general message passing and smart contract interaction across chains. Users include institutions, asset issuers, tokenization platforms, dApp builders, and layer 1/2 protocols.
Recent activity
Orbs redeployed its ORBS token on all previous chains and more using Axelar's cross-chain infrastructure.
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Fraxtal L2 integrated Interchain Token Service from the start for no-code interoperability.
Interchain Tokens gain multichain distribution via Squid, a cross-chain swapping dApp built on Axelar.
Now has 300+ partners across 16 verticals in its ecosystem.
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Supports 75+ validators with zero exploits recorded.
Launched Fullport institutional trading access starting with Hyperliquid.
Network secured by 75+ validators with zero exploits
Lists Deutsche Bank as an enterprise integration partner
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Lists Onyx by J.P. Morgan as an enterprise integration partner
Launched Mobius Development Stack (MDS), a permissionless, trustless, decentralized interoperability platform.
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Plans to add flexible, augmented economic security via EigenLayer.
Plans to add flexible, augmented economic security via Babylon.
MDS is now used by Sui, Ripple, Base and BNB.
Plans to add open interoperability semantics with OpenZeppelin as a coming soon feature.
Integrates with Deutsche Bank for custody, clearing and asset servicing
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Partners with Mastercard to make crypto accessible to consumers and businesses
Integrates with Microsoft Azure for Web3 solutions
Partners with Provenance Blockchain, a leading public Layer 1 for real world assets
Integrates with Onyx by J.P. Morgan as an enterprise partner
Earlier
Published 'Interchain Token Service Opens Native-Like Capabilities on 15+ Chains' on February 7, 2024.
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Plans upcoming interoperability features with OpenZeppelin, EigenLayer and Babylon.
Lists Interchain Token Service live on 15+ chains with native-like capabilities.
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Lists enterprise integrations including Onyx by J.P. Morgan, Deutsche Bank, Microsoft, Mastercard and Provenance.
Partnered with Deutsche Bank and Memento Blockchain on DAMA 2 litepaper for asset tokenization on Ethereum L2
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mXRP, powered by Axelar and issued by Midas, became fastest growing Midas product within two weeks of launch
Co-authored article with Stellar for Stablecoin Standard on retail payments vision
Launched new interface at app.axelar.network for direct cross-chain asset transfers
mXRP turns over $170B of idle XRP into a yield-bearing token with up to 10% APY via Axelar
