Axelar Bridged USDTPrice(AXLUSDT)
Details Axelar Bridged USDT (AXLUSDT) Price information (USD)
The current real-time price of AXLUSDT is $1.001. In the past 24 hours, AXLUSDT has traded between $0.9796 and $1.005, showing strong market activity. The all-time high of AXLUSDT is $15.33, and the all-time low is $0.3338.
From a short-term perspective, the price change of AXLUSDT over the past 1 hour is
Axelar Bridged USDT (AXLUSDT) Market Information
Axelar Bridged USDT (AXLUSDT) Today's Price
The live price of AXLUSDT today is $1.001, with a current market cap of $0. The 24-hour trading volume is 12K. The price of AXLUSDT to USD is updated in real time.
Axelar Bridged USDT (AXLUSDT) Price History (USD)
What is AXELAR BRIDGED USDT (AXLUSDT)?
When is the right time to buy AXLUSDT? Should I buy or sell AXLUSDT now?
Before deciding whether to buy or sell AXLUSDT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AXLUSDT technical analysis can provide you with trading references.
Future price trend of AXLUSDT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AXLUSDT.
How much will AXLUSDT be worth tomorrow, next week, or next month in ? What about your AXLUSDT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AXLUSDT Price Prediction
How to buy AXELAR BRIDGED USDT (AXLUSDT)
Convert AXLUSDT to local currency
AXLUSDT Resources
To learn more about AXLUSDT, consider exploring other resources such as the whitepaper, official website, and other published information:
Official AXLUSDT website
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
arbitrum-one | 0x40ac...8d37c1  | 21,345 | 267.45% |
polygon-pos | 0xd9e6...c38e66 | 5,085 | 63.71% |
polygon-pos | 0xfb59...a57139 | 432 | 5.41% |
arbitrum-one | 0x6ab3...e6f55c | 413 | 5.17% |
polygon-pos | 0x2a6f...2a6b29 | 250 | 3.13% |
Other | -19,544.1 | -244.89% |
Hot Events
AXELAR BRIDGED USDT (AXLUSDT) FAQ
What is Axelar Bridged USDT (axlUSDT)?
axlUSDT is a wrapped, multi-chain representation of USDT, designed to facilitate its movement across various blockchain networks. For every unit of axlUSDT in circulation, an equivalent amount of native USDT is locked in an Axelar Gateway on the Ethereum blockchain. This mechanism allows decentralized applications (dApps) and users in different ecosystems to utilize USDT's stablecoin properties beyond its native Ethereum network.
How is axlUSDT generated and secured?
axlUSDT is generated via cross-chain bridges. When USDT is deposited at an Axelar Gateway on Ethereum, an equivalent amount of axlUSDT is minted on the destination chain. Once minted, axlUSDT can flow between different chains without needing to return to Ethereum. Its security is maintained by a dynamic validator set operating on a delegated Proof-of-Stake (PoS) consensus mechanism. These validators hold key shares in the Axelar Gateways through multi-party cryptography.
How can I acquire axlUSDT?
You can acquire axlUSDT in several ways. Firstly, it can be obtained by swapping through liquid pairs on various decentralized exchanges (DEXs). Secondly, you can use dedicated cross-chain liquidity routers built on Axelar to facilitate its acquisition across different chains. Thirdly, it is possible to mint axlUSDT via dedicated cross-chain bridging platforms developed for the Axelar ecosystem.
What are the use cases for axlUSDT?
Beyond simply holding it, axlUSDT can be used for several purposes. These include arbitrage trading, where users can profit from price fluctuations by buying low and selling high. It can also be used for yield generation, such as lending out axlUSDT or utilizing other Earn products on supporting platforms to gain returns. Additionally, axlUSDT can be used for payments by sending it to others using their receiving address.
How do I add axlUSDT to my cryptocurrency wallet?
To add axlUSDT to your cryptocurrency wallet, first select the desired network within your wallet interface. Then, navigate to the section for adding or importing custom tokens. You will need to copy the specific smart contract address for Axelar Bridged USDT relevant to that network. Paste this address into the designated "Smart Contract Address" field. Your wallet should then auto-populate the token symbol and decimal places. Finally, confirm by clicking to add the custom token, making axlUSDT visible in your balance.
Is AXLUSDT the same as AXL?
No, axlUSDT is distinct from AXL. axlUSDT is a bridged stablecoin, representing a wrapped version of USDT on the Axelar network. AXL, conversely, is the native utility token of the Axelar network itself. AXL serves various functions within the network, including covering network fees, incentivizing validators, enabling participation in governance, and facilitating the addition of new blockchain connections.
