The current real-time price of AXL-WSTETH is $3,438.19. In the past 24 hours, AXL-WSTETH has traded between $3,441.29 and $3,718.98, showing strong market activity. The all-time high of AXL-WSTETH is $7,250.9, and the all-time low is $0.0027.
From a short-term perspective, the price change of AXL-WSTETH over the past 1 hour is , over the past 24 hours is +0.85%, and over the past 7 days is -6.21%. These figures provide a quick overview of the latest price trends and market dynamics of AXL-WSTETH on LBank.-4.63%
The live price of AXL-WSTETH today is $3,438.19, with a current market cap of $49,209.26. The 24-hour trading volume is 27K. The price of AXL-WSTETH to USD is updated in real time.
Before deciding whether to buy or sell AXL-WSTETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AXL-WSTETH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AXL-WSTETH.
How much will AXL-WSTETH be worth tomorrow, next week, or next month in ? What about your AXL-WSTETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AXL-WSTETH Price Prediction
To learn more about AXL-WSTETH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
optimistic-ethereum | 0xe743...8cea84  | 8 | 55.9% |
polygon-pos | 0xe743...8cea84 | 6 | 41.92% |
arbitrum-one | 0xe743...8cea84 | 4 | 27.95% |
arbitrum-one | 0xb7ff...15056f | 0 | 0% |
arbitrum-one | 0xd868...70b7bf | 0 | 0% |
Other | -3.68745 | -25.76% |
stETH is a rebasing token where your balance increases daily to reflect staking rewards. Most bridges cannot handle these changing balances. wstETH is the wrapped version that does not rebase; instead, it increases in value relative to ETH over time. axl-wsteth is wstETH that has been moved via the Axelar bridge to a non-Ethereum chain. It is identical in value to wstETH but exists on networks like Cosmos or various Layer 2 chains.
Yes. Since axl-wsteth is a bridged version of wstETH, it utilizes an auto-compounding mechanism. You will not see your token balance increase daily in your wallet, but the underlying value of the token increases relative to ETH. This means that when you eventually bridge back and unwrap the token, it will be worth more ETH than when you started, effectively capturing the staking rewards.
The main advantages are speed and routing efficiency. Native bridges for many Layer 2 networks often require a 7-day withdrawal period when moving funds back to Ethereum. By using axl-wsteth through Axelar’s infrastructure, you can bypass these long wait times. This allows for much faster movement between different blockchain ecosystems and provides more flexibility for users who need to react quickly to market opportunities.
Axelar is secured by a decentralized set of validators using a Proof-of-Stake consensus model, which is generally more secure than centralized wrapping services. However, users should be aware of smart contract risk. If the bridge protocol were to experience a vulnerability, the axl-wsteth on the destination chain could potentially lose its 1:1 backing with the wstETH locked on the Ethereum mainnet.
axl-wsteth is a primary asset for bringing Ethereum staking yield to other ecosystems, particularly within the Cosmos network. It is frequently used in liquidity pools on decentralized exchanges where users can pair it with ETH or stablecoins. Additionally, many lending protocols and yield optimizers support axl-wsteth, allowing users to earn extra incentives on top of their base staking rewards. LBank and other integrated platforms support the utility of such cross-chain assets.
To move axl-wsteth back to Ethereum, you use an Axelar-compatible bridge interface. You will need the native gas token of the chain you are leaving to pay the transaction fee. The total fee typically covers the gas costs for both the source and destination chains, which Axelar simplifies into a single payment. Once the process is finished, you receive wstETH on Ethereum, which can be held or unwrapped into ETH.
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