Almost $5.7 billion has been transferred via @axelar GMP across 3.45 million transactions by nearly 850k active addresses.
BNB, Ethereum, Sei, Osmosis, and Arbitrum were the top destinations in terms of total transferred volume.
Let's dive in 👇
Before continuing with the thread, you can read more about Axelar GMP in the link below:
In recent weeks, the average weekly transfers via Axelar GMP have ranged between $35–50 million.
So far, the total transferred amount through GMP has reached $5.7 billion, accounting for nearly 47% of Axelar’s total transferred volume.
Until Now, nearly 3.45 million GMP txns have been processed through Axelar.
In recent weeks, the average weekly count has ranged between 15–20k, with around 2 txns per address on average.
The number of chains connected via Axelar has also grown recently, now reaching 83.
A total of $5.7 billion transferred in 3.45 million transactions has been recorded by nearly 850k unique addresses.
On average, each address transferred about $6.4k across 2 transactions.
Throughout this year, the average transaction size has ranged between $2–3k, with the largest single transfer reaching $3 million.
Overall, the highest transfer recorded via Axelar GMP was $8.5 million in late 2024.
Since the start of 2025, nearly 200k new addresses have used Axelar GMP to transfer assets for the first time.
With these additions, the total number of recorded addresses via Axelar GMP has reached 850k.
Over the past 30 days, 18.3k new addresses were added.
During this period, these new addresses contributed 34% of the total volume, while returning addresses accounted for the remaining 66%.
The address breakdown shows that a large group of users, 35% of the total, transferred less than $10.
Meanwhile, 544 unique addresses each moved over $1 million through Axelar GMP.
Based on total transferred volume, the top routes used by users were Ethereum → BNB, Ethereum → Osmosis, and Arbitrum → Ethereum.
These routes also ranked highest in terms of the number of active addresses.
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