What is Axelar Bridged USDT (AXLUSDT)?
What is the project 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 your project unique?
How does Axelar Bridged USDT work?
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.
What is Axelar Bridged USDT used for?
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. History of your project. What’s next for your project? What can your token be used for?
Where can you buy Axelar Bridged USDT?
Axelar Bridged USDT (AXLUSDT) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for AXLUSDT sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting AXLUSDT, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.