Kairo Trade

Axelar (AXL) — price, funding and open interest

AXL/USDT perpetual on Binance · Upbit · BingX · Bybit · Bitget · Coinbase · MEXC · KuCoin: price 0.052390, 24h turnover $8.8M. Updated in real time.

0.052390
+6.81% · 24 hours

What this is

Connecting blockchains

Axelar carries not only coins between networks but program calls too: an application on one chain triggers an action on another.

No upcoming unlocks scheduled.

Linear release of 37.3K tokens per day · Past unlocks: 52

What price did on past unlocks — 3 cases for this coin
day before
-5.4%
day after
+5.2%
3 days after
+9.0%
up a day later
100%

Chart

Chart built from data of Bybit

What the data shows

AXL trades at 0.052390. Over 365 days it ranged between 0.034480 and 0.3343; the price now sits in the lower third of that range — 6% of the way from the yearly low to the high.

All-time high is 2.6820 (March 2024); the price is 98% below it now.

24-hour turnover is $8.8M — the 92th percentile for the year: noticeably busier than usual.

Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is the 19th percentile for the month: a clear departure from its own norm.

Open positions in AXL are worth $5.4M. Over the past hour open interest rose by 0.48%. That is the 11th percentile over three weeks: noticeably fewer positions than usual.

Over the day +6.81%, over the hour +0.61%, over the last five minutes -0.17% — the move has only just started.

The daily range is 10.4% and five-minute NATR is 0.28%. That range is in the 76th percentile for the year — an ordinary day for it.

Binance pays +0.0050% and Bybit -0.0003% — a gap of 0.0053 percentage points, higher on Binance.

NATR is 0.12% on the minute and 1.50% on the hour — the move is choppy: within an hour price travels far and comes back.

Traded on 8 venues: Binance, Upbit, BingX, Bybit, Bitget, Coinbase, MEXC, KuCoin — the price is cross-checked across several sources.

AXL correlation with Bitcoin over 24 hours is 0.42 — it partly moves with the market.

By turnover it ranks 451 of 2006 instruments in the screener.

By daily range it ranks 555 of 2006.

Built from current numbers and the coin's own year of history. Updates with the data.

How AXL behaved before

Tracked since December 2023 — 33 full months, and falling ones prevail: 22 of 33. Median month -10.9%.

Best month — February 2024: +66.6%. Worst — April 2024: -48.6%.

Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.

Our observations

Kairo

Right now AXL is within its usual range: volume, funding and open interest are all unremarkable.

Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.

What we noticed earlier

Open chartAll coinsTrades on: Binance · Upbit · BingX · Bybit · Bitget · Coinbase · MEXC · KuCoin
If I had bought AXL…Pick an amount and a date — we compute from minute history what it would be worth now and the annualised return.

Similar instruments

From the same group — connecting blockchains. They open the same way, with a chart and a breakdown.

Price and movement

Price0.052390
Change, 5 minutes-0.17%
Change, 15 minutes-0.23%
Change, 1 hour+0.61%
Change, 24 hours+6.81%

Turnover and activity

24h turnover$8.8M
24h range10.4%
NATR 5m0.28%
5m volume surge×0.8
Correlation to BTC0.42

Futures metrics

Binance funding+0.0050%
Bybit funding-0.0003%
Rate rank over 30 days19
Open interest$5.4M
OI change over 1h+0.48%
OI rank over 20 days11

How to read this

Open interest by exchange

Market-wide OI →$5.4M

How much money sits in open positions on each venue. The total spans every exchange listing the contract.

Binance$1.9M34.3%
Bybit$1.5M26.9%
BingX$754K13.9%
Bitget$573K10.6%
KuCoin$439K8.1%
MEXC$339K6.3%

Trades and volume

trade flow from futures exchanges

News

Headlines and summaries from publishers. Full texts stay with the sources.

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