Rank #N/A
axlusdc Axelar Bridged USDC
$ 0.9998
0.00%
0.00001666 BTC
1,666 satoshies0.00%
Market Cap
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24 Hour Trading Vol
4,65 MLN. $
Circulating Supply
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Total Supply
59,30 MLN.
Max Supply
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Fully Diluted Valuation
59,29 MLN. $
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Axelar Bridged USDC Top Markets
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About Coin
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.
Where is Axelar Bridged USDC available for purchase?
You can exchange AXLUSDC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Axelar Bridged USDC is Wigoswap, notably the AXLUSDC/WFTM pair, which saw a trading volume of $ 1,02 MLN. in the past day. Additionally, Uniswap V3 (Polygon) and PancakeSwap V3 (Arbitrum) are popular alternatives for trading tokens.
What is the highest value Axelar Bridged USDC (AXLUSDC) has ever reached?
Axelar Bridged USDC (AXLUSDC) reached its peak price at 1.23 $ on 04 August 2022, approximately 2 years ago ago. Presently, the current price is -18.71% lower than this all-time high.
What is the historical minimum price for Axelar Bridged USDC (AXLUSDC)?
The minimum price reached for Axelar Bridged USDC (AXLUSDC) was 0.8583 $, documented on 11 March 2023, more than a year ago. In comparison, the current price is 16.47%, it above this historical low.
What is the fully diluted valuation of Axelar Bridged USDC (AXLUSDC)?
The fully diluted valuation (FDV) of Axelar Bridged USDC (AXLUSDC) stands at $ 59,29 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of AXLUSDC tokens. The realization of this FDV might take several years depending on the emission schedule of AXLUSDC tokens.
How to add Axelar Bridged USDC (AXLUSDC) to MetaMask?
By integrating Axelar Bridged USDC (AXLUSDC) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import AXLUSDC as a token. You can either manually import AXLUSDC by copying its contract address (0x4268b8f0b87b6eae5d897996e6b845ddbd99adf3) or use MetaMask's Chrome extension to add AXLUSDC with a single click through Pirate.Place.
How to add Axelar Bridged USDC (AXLUSDC) to TrustWallet?
Incorporating Axelar Bridged USDC (AXLUSDC) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include AXLUSDC, you can either manually import it using the contract address (0x4268b8f0b87b6eae5d897996e6b845ddbd99adf3) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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