# KIP

Markdown version of https://l2beat.com/interop/tokens/8Xd6qd/kip

## Summary

- Category: other
- Last 24h volume: $33.19
- Last 24h transfer count: 1
- Last 24h avg. transfer time: 22m 47s
- Last 24h avg. transfer value: $33.19
- Last 24h top path: Arbitrum One ↔ Ethereum ($33.19)
- Top protocol (based on 24h volume): [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its) (volume $33.19, 1 transfer)
- Protocols used: Axelar ITS
- Deployments: 4

## Volume and flows

### Top routes by volume (last 24h)

- Arbitrum One → Ethereum: $33.19

The flows between all chains are an interactive graph on [the HTML page](https://l2beat.com/interop/tokens/8Xd6qd/kip#interop-volume).

## Top protocols

| # | Name | Category | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time | Last 24h avg. transfer value |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its) | multichain | $33.19 | 1 | 22m 47s | $33.19 |

## Onchain deployments

| # | Chain | Address | Symbol | Minters | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Arbitrum One | [0xf63b14f5ee5574e3f337b2796bbdf6dcfb4e2cb7](https://arbiscan.io/address/0xf63b14f5ee5574e3f337b2796bbdf6dcfb4e2cb7) | KIP | [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its) | $33.19 | 1 | 22m 47s |
| 2 | Ethereum | [0x946fb08103b400d1c79e07acccdef5cfd26cd374](https://etherscan.io/address/0x946fb08103b400d1c79e07acccdef5cfd26cd374) | KIP | None known (likely the locked or natively issued side) | $33.19 | 1 | 22m 47s |
| 3 | Arbitrum One | [0xdc75e8bbe56eb6e9e03a64306acc363eaf705dbd](https://arbiscan.io/address/0xdc75e8bbe56eb6e9e03a64306acc363eaf705dbd) | KIP | [Arbitrum Canonical](https://l2beat.com/interop/protocols/arbitrum) | $0.00 | 0 | No data |
| 4 | BNB Smart Chain | [0xf63b14f5ee5574e3f337b2796bbdf6dcfb4e2cb7](https://bscscan.com/address/0xf63b14f5ee5574e3f337b2796bbdf6dcfb4e2cb7) | KIP | [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its) | $0.00 | 0 | No data |

### Backing relations

Burn-and-mint groups, whose deployments move between chains by burning on one and minting on another:

- Group 1: KIP, 2 deployments, burned and minted via [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its); last 24h volume $33.19, 1 transfer; deployments: Arbitrum One (0xf63b...2cb7), BNB Smart Chain (0xf63b...2cb7)

Backing, where a deployment is minted against the one backing it:

- KIP on Arbitrum One (0xdc75...5dbd) is backed by KIP on Ethereum (0x946f...d374) via [Arbitrum Canonical](https://l2beat.com/interop/protocols/arbitrum)
- Group 1 (KIP, 2 deployments) is backed by KIP on Ethereum (0x946f...d374) via [Axelar ITS](https://l2beat.com/interop/protocols/axelar-its)

## Transfers

The interactive transfers table is shown on [the HTML page](https://l2beat.com/interop/tokens/8Xd6qd/kip#interop-transfers).