Overall User Engagement

• Total Transactions by New Users: New users conducted a total of 12.5 million transactions in 2024, indicating a significant engagement level from newly onboarded participants.
• Total Active Users: There were 55.1k active users on the Axelar platform, showing a robust user base.
• Total New Users: The platform gained 39k new users over the year, highlighting its growing adoption.
• Total Transactions: The platform saw a total of 79.6 million transactions, reflecting high user activity and platform utilization.
• Average Paid Fees per Transaction: The average fee paid per transaction was $AXL 0.01, suggesting low transaction costs which can be an attractive feature for users.
• Total Paid Fees: Users collectively paid $AXL 1.1 million in transaction fees, indicating the overall revenue generated from transaction fees.

Weekly Activity Trends

• Weekly Active Users: The number of active users fluctuated throughout the year, with notable peaks and troughs, reflecting varying levels of user engagement over time.
• Weekly Transactions: The number of transactions per week showed a steady increase, peaking around late March and mid-April, followed by a slight decline towards the end of May.
• Weekly Paid Fees: Fees paid weekly remained relatively stable with occasional spikes, and the average paid fees per transaction also showed stability, indicating consistent user costs.
• Weekly Average Transactions: The average number of transactions per user per week was mostly stable, with minor variations, demonstrating consistent user activity.
• Weekly New Users: New user sign-ups had significant increases, particularly noticeable in late February and early March, suggesting successful onboarding or marketing efforts during these periods.
• Weekly Signed Transactions by New Users: There was a sharp increase in transactions by new users around late February and early March, aligning with the spike in new user sign-ups, which indicates that new users are immediately engaging with the platform upon joining.