Axelar Network

Circle Signs Agreement to Acquire Interop Labs Team & IP

Interop Labs, the initial developer of Axelar Network, has entered into an agreement for the Interop Labs team and proprietary intellectual property to join Circle, a testament to the leading interoperability platform that the team helped to build.

Axelar Network, Foundation and the AXL token remain independent, open-source and community governed. As we look ahead to the next phase of growth and innovation for programmable, non-custodial interoperability, we thank Interop Labs for their contributions to date.

Common Prefix, another long-time contributor to the Axelar Network, will take a leading position in the Axelar developer community, assuming many of Interop Labs’ current activities, following closing. In addition to Axelar, Common Prefix has contributed significantly to a list of innovative protocols, including Build on Bitcoin, Sui, XRP Ledger and Zano.

Read the full announcement on the Axelar Foundation blog: https://medium.com/@axelar-foundation/circle-signs-agreement-to-acquire-interop-labs-team-intellectual-property-c3a945c57d1e

⚠️🚨 A mod account on the Axelar Discord server was acting under the control of a malicious actor. We've removed that account's access to the server and paused all posting while we continue to investigate. Please stay vigilant and remember:
👉 There are no legitimate public AXL sales, offerings or airdrops at this time.

📢 Community Update 📢

Axelar co-founder @yorgosv_ joined @TaliaKaplan on CNBC to discuss the next major wave of onchain adoption.

“A dip can be an onboarding event, but it doesn’t happen by itself. You need a good reason for people to come onchain. Yield will be a key driver for that moment.”

The takeaway: sustainable yield and real utility will power the next phase of growth for the XRP ecosystem and beyond.

🔗 Watch the full segment
🔗 Show your support on X

⚡ Fullport trading season phase 1 is LIVE ⚡

It’s go time, traders 🏁

For the next 14 days, every trade and referral stacks points on the leaderboard - top 100 take the prizes 🏆

💰 Rewards
- $5,000 starting pot
- 100% of builder fees during this phase will be added to rewards

🏆 Leaderboard
- No entry minimum - every trade counts
- Only the top 100 make it to glory

📊 Points
- $100 trade = 100 pts
- $100 referral = 30 pts

Start climbing. Bring your frens 👉 http://app.fullport.finance

Show your support on X 💙
For more information join Discord 💙

📢 $mXRP vault capacity has been extended to 10M 📢

🚨X Space – Today at 11AM EST / 3PM UTC🚨

Hi everyone 👋

Join Georgios Vlachos (Co-founder, Axelar) and Dennis Dinkelmeyer (Founder, Midas) as they dive into the launch of the Axelar × Midas RWA mXRP token.

They will discuss:
• What the launch means for $XRP holders
• How interoperability + RWAs unlock new opportunities in crypto

We're going live soon ⚡️ https://x.com/i/spaces/1ypKdqylkVjGW

📢 Introducing $mXRP 📢

A new yield-bearing liquid staked token that kickstarts DeFi on XRPL and unlocks up to 10% APY for $XRP holders.

Powered by @Axelar and @MidasRWA

Two of the strongest teams in onchain finance have joined forces to kickstart DeFi on XRPL.Mo

👇 More about $mXRP 👇

🔸 A liquid staked, yield-bearing XRP token on XRPL
🔸 Issued by @MidasRWA under EU-approved prospectus
🔸 Delta neutral strategies deployed by trusted asset managers (ie. @hyperithm that evolve with market conditions to offer strong risk-adjusted XRP yield
🔸 Fully composable with DeFi (e.g. @AnodosFinance, @xpmarke or @StrobeFinance
🔸 Target up to 10% APY* denominated in XRP (*variable)

mXRP is going live, today. To learn more or get started earning yield on your idle XRP, check out the links below 👇

🔗 Read the announcement
🔗 Support on X
🔗 Mint mXRP now (XRPL EVM): Midas
🔗 Swap for mXRP now (XRPL mainnet): @AnodosFinance or @xpmarket

For any questions please join Axelar Discord server and refer to the mXRP section.

🔈 Important Announcement 🔈

The Axelar Foundation and select ecosystem partners are currently undergoing internal token management as a part of a migration to a new custodian. As a result, you can expect to see unbonding of some AXL delegations and subsequent redelegation over the coming weeks.

Introducing Fullport - the Easiest Way to Deposit & Trade on Hyperliquid.

Built by Interop Labs and powered by Axelar's open interoperability stack, Fullport offers seamless, secure onboarding to the leading perp DEX - designed for Hyperliquid traders.

🔹Move liquidity from Arbitrum, Avalanche, Base, Ethereum & Solana
🔹Near-instant deposits (~10 seconds)
🔹Smooth, frictionless UX

Why now?
Hyperliquid is quickly becoming the go-to onchain trading venue. Fullport makes it easier to access routing funds from wherever they live into the markets that matter.

Fullport is live in invite-only private beta, but early testers will shape the roadmap.

That includes:
- A native perpetuals trading interface (in limited jurisdictions)
- Asset onboarding + token listings via Axelar ITS
- Expanded rewards and incentives for active users

Want in?
Apply to join the private beta
Follow @FullportFinance for updates, rewards info and what’s next.

Let’s build the future of on-chain trading together!

💱 Global stablecoin regulations are evolving—especially for cross-border payments. Here’s how major frameworks stack up on key mandates:
✅ Expanded use
✅ Freeze/burn powers
✅ Reserve rules
[Insert image]
Issuers: know where things stand👇

Stablecoins are mainstream. Tokenized MMFs are real. Legislation is advancing. #CryptoWeek

But tokenization’s future still hangs in the balance:

✨ Takeover or 💤 Trap?

In DAMA 2, @deutschebank chose infra for the former—including Axelar + @Memento_Bc.

Couldn't have said it better ourselves 🤝
http://stocktwits.com/news-articles/markets/cryptocurrency/axelar-axl-ripple-xrp/chFWjJCRRCp

According to the World Bank, the average global cost to send a remittance in 2024 was approximately 6.62% as of Sept 2024.

Stablecoins offer a potential pathway for low-cost settlement. The opportunities + challenges are distinct in each market. 🧵 👇

Watching green shoots on Axelarscan 🌱

$16M into XRP Ledger in the past 24 hours 👀

Combined bridged TVL in the XRP ecosystem is now $120M 👀

https://axelarscan.io/interchain?destinationChain=xrpl&fromTime=1752167770&toTime=1752256799

Decentralization in blockchain platforms exists on a spectrum, with varying degrees of control+ openness for varying users.

Interoperability protocols that connect platforms must be decentralized, or they introduce custodial risk touching all systems. 🧵 ↓

👀 Another Axelar ITS project adding a new asset to the configurations repo. Welcome to the ecosystem, @PlayDanteGames

https://github.com/axelarnetwork/axelar-configs/pull/260/files

Soon, $DANTE on multiple chains.

Axelar is the only protocol delivering:

✅ Proof-of-stake consensus
✅ 75+ validators
✅ Updatable compliance contracts
✅ Chain-level isolation from security breaches

See why it’s the multichain layer of DAMA 2:
http://axelar.network/dama-2-litepaper

Imagine everything connected.

Hyperliquid.