Axelar Bridged USDT

AXLUSDT Price

What is Bridged Tether (Axelar) about?

axlUSDT is a wrapped, multi-chain representation of USDT, a dollar stablecoin. For each unit of axlUSDT, there is a unit of USDT locked in an Axelar Gateway on Ethereum. axlUSDT 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 axlUSDT 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 makes Bridged Tether (Axelar) unique?

USDT is issued on Ethereum – but dApps and users in other ecosystems also value the stablecoin's properties. Many of them use axlUSDT, a wrapped version of USDT that can travel between chains, as a multi-chain stablecoin. In brief, axlUSDT is generated via cross-chain bridges. These dApps accept a deposit of USDT at an Axelar Gateway on Ethereum, and mint an equivalent amount of axlUSDT on the destination chain (minus fees). Two key points to understand what axlUSDT is and how it can be used: For every unit of axlUSDT, there is a unit of USDT locked in a Gateway on Ethereum. Once minted, axlUSDT can flow from chain to chain, without going back through Ethereum. Gateway addresses on various EVM chains and the token addresses of axlUSDT on various chains are listed in the Axelar docs, here.

Where can you buy Axelar Bridged USDT?

AXLUSDT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Axelar Bridged USDT is Astroport (Terra), where the most active trading pair AXLUSDC/AXLUSDT has a trading volume of $42.30 in the last 24 hours.

What is the daily trading volume of Axelar Bridged USDT (AXLUSDT)?

The trading volume of Axelar Bridged USDT (AXLUSDT) is $1,040.69 in the last 24 hours, representing a 3.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Axelar Bridged USDT (AXLUSDT)?

Axelar Bridged USDT (AXLUSDT) reached an all-time high of $15.33 and an all-time low of $0.3338. It’s now trading -93.50% below that peak and 199.40% above its lowest price.

What is the fully diluted valuation of Axelar Bridged USDT (AXLUSDT)?

The fully diluted valuation (FDV) of Axelar Bridged USDT (AXLUSDT) is $32,447.60. This is a statistical representation of the maximum market cap, assuming the maximum number of 32 Thousand AXLUSDT tokens are in circulation today. Depending on how the emission schedule of AXLUSDT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Axelar Bridged USDT compare against its peers?

With a price decline of 0.00% in the last 7 days, Axelar Bridged USDT (AXLUSDT) is outperforming the global cryptocurrency market which is down -2.00%, while underperforming when compared to similar Bridged-Tokens cryptocurrencies which are up 1.00%.

How to add Axelar Bridged USDT (AXLUSDT) to MetaMask?

Adding Axelar Bridged USDT (AXLUSDT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import AXLUSDT as a token. You can copy AXLUSDT’s contract address (0xd226392c23fb3476274ed6759d4a478db3197d82) and import it manually, or if you've installed MetaMask's chrome extension, add AXLUSDT to MetaMask with one click on CoinGecko.

Add AXLUSDT to MetaMask.