Cross-chain Supply Per Token

Overview

This indicator looks at the aggregate amount of a specific token available across all blockchains it is deployed on through the Axelar network. This provides insights into the distribution and availability of the token. Furthermore, the indicator provides an overview of the specific token on each blockchain network it operates on, providing a detailed view of its distribution across the ecosystem.

How can I use it?

This indicator illustrates the total supply of a token deployed with Axelar helps in analyzing their distribution and how decentralized their presence is across the blockchain ecosystem. It indicates where the tokens are most concentrated and where they are less available. The distribution of token supply can reveal user preferences and the popularity of certain blockchains within the DeFi space. A higher token supply on a particular chain might indicate a strong user base or superior demand on that chain.