Wrapped Axelar (WAXL) — price, funding and open interest
WAXL/USDT perpetual on HTX · BingX · Kraken · Coinbase: price 0.041990, 24h turnover $557K. Updated in real time.
What this is
Connecting blockchainsWrapped Axelar is the same coin as the Axelar network's, but issued on another chain through the protocol's own bridge. Axelar connects dozens of networks and passes not only coins between them but contract calls too. What this shows: a wrapper holder relies on the bridge twice — as a network user and as an owner of a receipt; if the bridge fails, wrapper and original diverge in price. A useful habit is checking which chain your purchase actually sits on. The coin is about 99% below its 2021 peak. Here it trades on HTX spot.
Chart
Chart built from data of HTX
What the data shows
WAXL trades at 0.041990. Over 365 days it ranged between 0.030900 and 0.3822; the price now sits in the lower third of that range — 3% of the way from the yearly low to the high.
24-hour turnover is $557K — the 16th percentile for the year: trading is quiet.
Over the day +1.38%, over the hour -0.14%, over the last five minutes +0.26% — the move has only just started.
The daily range is 9.5% and five-minute NATR is 0.29%. That range is in the 65th percentile for the year — an ordinary day for it.
NATR is 0.06% on the minute and 1.75% on the hour — the move is choppy: within an hour price travels far and comes back.
Traded on 4 venues: HTX, BingX, Kraken, Coinbase — the price is cross-checked across several sources.
WAXL correlation with Bitcoin over 24 hours is 0.76 — the coin closely follows the market.
By turnover it ranks 1063 of 1908 instruments in the screener.
By daily range it ranks 479 of 1908.
Built from current numbers and the coin's own year of history. Updates with the data.
How WAXL behaved before
Tracked since September 2022 — 47 full months, and falling ones prevail: 32 of 47. Median month -9.5%.
In August the instrument fell all 3 times in a row, median -12.1%.
Best month — February 2024: +121.4%. Worst — April 2024: -43.1%.
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
KairoRight now WAXL 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
Similar instruments
From the same group — connecting blockchains. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.