Axelar
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Protocol TVL
About Axelar
Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Axelar codebase lineage and protocol family
Axelar is published as a versioned release inside the Axelar Network protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Security & Audits
Parent Protocol
Axelar is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
Axelar NetworkAxelar Timeline
Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.
- Oct 29, 2022Listed on DeFiLlama
Protocol Profile
Axelar is a Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed across 44 chains, including Ethereum, Binance, Ripple, Optimism and 40 other chains. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 27 chains across the deployment. See the breakdown below for per-chain values.
…and 17 other chains with smaller deployments.
Supported Chains
Protocol Footprint
Axelar runs a multi-chain deployment, with smart contracts live on 44 networks. Roughly 99% of its on-chain value sits on just three networks (Ethereum, Binance, Ripple), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Axelar — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Bridge protocols on Mantapex
Axelar is one of 7 Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include WBTC, Coinbase Bridge, Binance Bitcoin, and 3 more. These peer protocols collectively secure $30.4B in deposits, giving you a frame of reference for whether Axelar's own TVL is at the top, middle, or tail of the category.
Treasury
Recent Axelar news
Latest reporting from major crypto news outlets covering Axelar.
- CrowdFundInsider
Axelar Discloses $4.7 Million Loss in Secret Network Bridge Exploit
Blockchain interoperability platform Axelar has confirmed a security breach that resulted in the theft of approximately $4.7 million in bridged assets connected to the Secret…
- Coincu
Axelar Says Security Incident Did Not Affect Axelar or IBC
Axelar said a reported Axelar security incident did not affect Axelar or IBC, and attributed the flaw to a third-party token contract minting bug. With the available evidence…
- Cryptopolitan
Axelar-bridged tokens worth $4.67 million drained in Secret Network contract exploit
Approximately $4.67 million worth of tokens were drained from Secret Network after an attacker exploited an ICS-20-based smart contract used to facilitate cross-chain transfers,…
- Crypto news
Axelar shuts down Secret Network bridge routes after $4.7M exploit
Axelar has disabled its Secret Network bridge connections after a security incident resulted in the loss of roughly $4.7 million worth of bridged assets.
- Crypto Economy
Axelar Reveals $4.3 Million Security Incident Involving Secret Network
Axelar disclosed a security incident that resulted in the loss of approximately $4.3 million in tokens bridged to Secret Network. The flaw originated in the ICS-20 smart contract…
- AMBCrypto
Axelar disables Secret connection after $4.67M exploit hits IBC-linked assets
The interoperability protocol says the incident is isolated to a Secret-side contract and did not impact Axelar's core network.
- Crypto Briefing
Axelar says $4.7 million stolen in Secret Network bridge hack
The hack underscores the vulnerabilities in blockchain interoperability, highlighting the need for enhanced security measures in cross-chain protocols. Axelar says $4.7 million…
- Crypto Economy
Axelar proposes ending Flow, Berachain and Plume integrations
The interoperability network Axelar submitted a governance proposal to discontinue three chain integrations within its Amplifier framework: Flow, Berachain, and Plume. The…
Related protocols
Other DeFi protocols connected to Axelar by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Bridge protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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