Axelar provides secure cross-chain communication for Web3, enabling the development of Interchain dApps that transcend a single blockchain. Security is ensured through its proof-of-stake mechanism, a proven approach used by networks like Ethereum, Polygon, and Cosmos. Cross-chain communication allows users to seamlessly interact with any asset or application across multiple chains with a single click. Notable features include the Satellite demo app—a decentralized cross-chain asset transfer platform that reached over $30 million in total value locked shortly after launch. Axelar enjoys broad support through integrations with major blockchains such as Ethereum, Cosmos, Terra, Avalanche, Polygon, Fantom, Moonbeam, and Polkadot. Its testnet involved over 800 developers, 110 test exercises, 79...
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