Wrapped Axelar (WAXL) — price, funding and open interest
WAXL/USDT perpetual on HTX · BingX · Coinbase · Kraken · Gate: price 0.054920, 24h turnover $602K. 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. Here it trades on HTX spot.
Chart
Chart built from data of BingX
What the data shows
WAXL trades at 0.054920. Over 365 days it ranged between 0.030900 and 0.2833; the price now sits in the lower third of that range — 10% of the way from the yearly low to the high.
All-time high is 2.6800 (February 2024); the price is 98% below it now.
The daily range is 5.2% and five-minute NATR is 0.65%. That range is at percentile 13 for the year — a noticeably calmer day than usual.
24-hour turnover is $602K — percentile 27 for the year: a normal level of activity for it.
WAXL correlation with Bitcoin over 24 hours is -0.15 — it goes its own way, barely looking at Bitcoin.
Traded on 5 venues: HTX, BingX, Coinbase, Kraken, Gate — the price is cross-checked across several sources.
Over the day +0.35%, over the hour -0.56%, over the last five minutes +0.02% — the pace is steady.
By turnover it ranks 1090 of 2044 instruments in the screener.
By daily range it ranks 650 of 2044.
NATR is 0.33% on the minute and 1.57% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How WAXL behaved before
Tracked since September 2022 — 49 full months, and falling ones prevail: 32 of 49. Median month -9.4%.
In October the instrument rose 3 times out of 4, median +10.7%.
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.