What is Wormhole?
Wormhole is a cross-chain blockchain protocol that enables the seamless transfer of crypto assets and data across different blockchain ecosystems. It facilitates secure and efficient movement of tokens and information between various blockchain networks, making it a leading cross-chain protocol for interoperability. Wormhole (W) is a multichain-native token that facilitates seamless transfers of value and information across various blockchain networks.
Wormhole goals
Wormhole aims to solve the problem of liquidity fragmentation across different blockchain networks by enabling seamless transfer of data or tokens between them. The project's purpose is to enhance the fluidity and accessibility of assets and data within the Decentralised Finance (DeFi) ecosystem, supporting applications such as cross-chain exchanges, governance, and gaming. Wormhole's technology enables the growth of the ecosystem by facilitating the flow of liquidity between different chains.
Wormhole fondamentals
The total supply of Wormhole tokens is not specified. The token distribution plan includes an airdrop of 549 million W tokens to users who had engaged with the ecosystem applications across over 30 blockchains. The token is designed to facilitate decentralized governance and decision-making within the Wormhole ecosystem. Token holders can delegate their tokens to themselves or to others, allowing them to participate in the decision-making process.
Marketcap
$0.25079897B
Total number of Wormhole
10000000000 W
Wormhole technology
Wormhole's technology enables secure transfer of data or tokens across different blockchain networks. The protocol develops and maintains a suite of related products, including Wormhole ZK, Wormhole Queries, Wormhole Gateway, and Wormhole Connect, which complement the existing Wormhole messaging protocol and form a complete suite of products for the cross-chain needs of applications and chains.
Wormhole competitors
Wormhole differentiates itself from competitors by supporting over 30 blockchains, including most of the leading networks, and having a thriving ecosystem of over 200 applications built using Wormhole's technology. The project's competitive advantage lies in its ability to process over 1 billion cross-chain messages and facilitate the transfer of over 40 billion dollars, making it a significant player in the multichain ecosystem.
Wormhole price history
Frequently asked questions
Wormhole is used to facilitate decentralized governance and decision-making within the Wormhole ecosystem, as well as to enable seamless transfers of value and information across various blockchain networks.
Wormhole's technology enables secure transfer of data or tokens across different blockchain networks, and the protocol develops and maintains a suite of related products to complement the existing Wormhole messaging protocol.
The Wormhole token is designed to facilitate decentralized governance and decision-making within the Wormhole ecosystem, and to enable seamless transfers of value and information across various blockchain networks.
Wormhole supports over 30 blockchains, including most of the leading networks.
Wormhole has facilitated the transfer of over 40 billion dollars.
There are over 200 applications built using Wormhole's technology.
The Wormhole airdrop was a distribution of 549 million W tokens to users who had engaged with the ecosystem applications across over 30 blockchains.
You can store Wormhole tokens in a personal wallet like Phantom, ensuring you have the necessary SOL for transactions.
You can buy Wormhole tokens by creating an account on a reputable cryptocurrency exchange, funding your account, searching for Wormhole, selecting the token and your preferred currency, and placing your order.
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