Axelar Bridged USDC

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.

Axelar Bridged USDC (AXLUSDC) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for AXLUSDC 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.

The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for AXLUSDC. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.

The reported 24-hour trading volume of Axelar Bridged USDC is $369.67K. Volume is a live reading of how much AXLUSDC changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.

For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.

Axelar Bridged USDC reached an all-time high of $1.23 on August 3, 2022, and an all-time low of $0.8584 on March 11, 2023. It is currently trading -18.85% from its peak and +16.45% from its bottom.

The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where AXLUSDC sits in its long-run price range.

ReadPrices does not publish a market cap for Axelar Bridged USDC. Market cap is the price multiplied by the circulating supply, and AXLUSDC has no verified circulating supply.

For the same reason AXLUSDC has no market-cap rank and no fully diluted valuation here. The price, 24-hour change and volume on this page are still live figures from the exchange that lists it.

The fully diluted valuation (FDV) of Axelar Bridged USDC is $59.27M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.

FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.

Over the past 24 hours, Axelar Bridged USDC has moved -0.01%. Over the past seven days, the change is -0.03%. Comparing these figures to the change in the whole crypto market cap (shown in the line at the top of this page) tells you whether AXLUSDC is leading, lagging or tracking the broader market.

For deeper analysis, the Categories page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Axelar Bridged USDC against its closest peers. Each category page lists its coins with their seven-day price lines in a single view.

Like any crypto asset, the right way to store AXLUSDC depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.

For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.