Is Axelar decentralized?

Could you please elaborate on the decentralization aspect of Axelar? I'm curious to know if it truly operates in a decentralized manner, and if so, how does it achieve this? Are there any specific features or mechanisms within Axelar that contribute to its decentralization? Additionally, how does Axelar's decentralization compare to other similar platforms in the cryptocurrency and finance space? I'm interested in understanding the nuances of its decentralization to get a better grasp of its functionality and potential.