What are use cases of Axelar's General Message Passing?

With secure cross-chain communication across all ecosystems, developers can:

  • Create platforms that host NFTs from multiple chains, enabling users from one chain to buy NFTs minted on another chain without having to move assets from one chain to another.
  • Allow NFT holders to collateralize their NFTs, using them in borrow-lend apps on any chain.
  • Index derivatives from one chain to another using dApps.
  • Allow users to pool liquidity in multiple assets, on multiple chains, via a single aggregator on a single chain.

Already, 18 teams are building applications using General Message Passing and other Axelar functions, as part of Axelar’s cross-chain grant program. As General Message Passing functionality takes hold, the “Super App” that changes the Web3 paradigm might not be far behind.

Learn more

What is General Message Passing?
Docs: docs.axelar.dev/dev/gmp-overview
Example dApps: github.com/axelarnetwork/axelar-local-gmp-examples