Since the Cobalt upgrade, $AXL is the only utility token powering a mature, decentralized interoperability protocol. 👇

Cobalt makes Axelar scalable by design. New chains acquire $AXL to join the network. That $AXL is locked in the Amplifier reward pool—creating long-term alignment, not sell pressure.

Every cross-chain transaction pays $AXL gas fees, and Cobalt burns them—forever. That means more use = more burn = less supply. It's a self-sustaining flywheel for $AXL utility.

Cobalt’s Amplifier pool doesn’t just lock $AXL—it distributes rewards to the verifiers who secure new connections. More integrations = more rewards = more scalability. Full breakdown:

Want to see it working in real time? Every burn, every reward, every new chain secured by Axelar verifiers—it’s all on-chain. Watch the future of interoperability unfold: