Axelar Network

Axelar Network is a decentralized interoperability platform enabling secure cross-chain communication and asset transfers across 50+ blockchains, built on a dedicated proof-of-stake blockchain with permissionless relayers and validators. Founded in 2020 by former Algorand engineers, Axelar has become one of the most widely deployed cross-chain messaging protocols in DeFi, securing billions in cross-chain value and powering hundreds of dApps requiring multi-chain composability. At the heart of Axelar infrastructure is its General Message Passing protocol, which allows smart contracts on any connected chain to trigger arbitrary function calls on smart contracts on other chains.

Bridge and cross-chain infrastructure connects Hyperliquid to the broader crypto ecosystem, enabling asset transfers between chains. Axelar Network operates in this critical category that facilitates capital inflows from Ethereum, Arbitrum, and other networks. As Hyperliquid's DeFi ecosystem grows, efficient bridging infrastructure becomes essential for attracting liquidity and users from other chains.