Wrapped Axelar WAXL Staking: Earn Rewards with Coinbase

Wrapped Axelar

WAXL

Staked

66%

Staked

Unstaked

34%

Unstaked

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Staking Wrapped Axelar

Staking Stats

Est. Reward Rate APY

7.11%

Reward Change 24H

+0.03%

Reward Change 30D

-13.28%

Asset Market Cap

$722.3M

Staking Market Cap

$477.9M

Tokens Staked

424.5M

Percent Staked

66.16%

Wrapped Axelar staking is on the decline this month.

The current estimated reward rate of Wrapped Axelar is 7.11%. This means that, on average, stakers of Wrapped Axelar are earning about 7.11% if they hold an asset for 365 days. 24 hours ago the reward rate for Wrapped Axelar was 7.11%. 30 days ago, the reward rate for Wrapped Axelar was 8.20%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 66.16%. In other words, there are 424.5M of Wrapped Axelar staked, which means that Wrapped Axelar has a staking market cap of $477.9M. This is compared to a total asset market cap of $722.3M.

Rewards

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Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

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Earn rewards starting at 5.10% APY by simply holding USDC

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Related assets

Available to stake

Crypto assets that are currently available to earn rewards through staking on Coinbase.

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Of all the assets on Coinbase, these are the closest to Wrapped Axelar in staking market cap.

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Guides

Coinbase

What is Wrapped Axelar?

Learn more about Wrapped Axelar and get live price data, news, history, and more.

Coinbase

How to Buy Wrapped Axelar?

Good news! You can buy Wrapped Axelar on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Wrapped Axelar.

Learn More

Benefits of staking Wrapped Axelar

Put your crypto to work

Staking can be a way of making your Wrapped Axelar work by generating rewards, rather than collecting dust in your crypto wallet.

Support the projects you like

Staking can also be a way to contribute to the security and efficiency of Wrapped Axelar. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.

It’s passive income

You can enroll with just a few clicks or when you join staking pools. While Wrapped Axelar is not available to stake on Coinbase, it is available to trade. Sign up to trade Wrapped Axelar today.

FAQ

How to stake Wrapped Axelar?

You can earn rewards for Wrapped Axelar through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with Wrapped Axelar?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking Wrapped Axelar?

Staking requires your Wrapped Axelar to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Wrapped Axelar. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking Wrapped Axelar?

The current estimated reward rate of Wrapped Axelar is 7.11%. This means that, on average, you can earn about 7.11% for current block/epoc rewards for Wrapped Axelar.

How many Wrapped Axelar tokens are currently staked?

Currently, 424.5M are staked, which means that the staking market cap of Wrapped Axelar is $477.9M.

What percentage of Wrapped Axelar is currently being staked?

Of the available tokens, 66.16% is currently staked.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.