Markets
Exchange
Futures
Finance
Promotion
More
Newbie
Log In

W

No. 83
Wormhole
Margin
AMM
Cross-Chain
Token
W Price Today
0
USD
-1.34%
Lower Price
0
Upper Price
0
24H Value(USD)
0
Total Market Cap(USD)
0
Circulating Market Cap (USD)
0
Total Circulation
1.80B
18%
Total Supply
10.00B

Price

W Price Change
24H
--
7 days
--
30 days
--
90 days
--
180 days
--
365 days
--
All
--

Markets

Exchange
Market
Price
24H Change
30D Change
24H Volume
24H Value
Coin Introduction

1. Project introduction

Wormhole provides a means of communication between blockchains or rollups. Consider the following examples of potential applications that are now possible with Wormhole:

Cross Chain Exchange: Using Wormhole Connect, a developer can build an exchange that allows deposits from any Wormhole connected chain, massively increasing the liquidity their users can access.

Cross Chain Governance: If a group of NFT collections on different networks wanted their holders to vote on a combined proposal, they could pick a ""voting"" chain, and use Wormhole to communicate votes cast on their disparate chains to the voting chain.

Cross Chain Game: A game could be built and played on a performant network like Solana, and it's rewards issued as NFTs on a different network, for example Ethereum.

2. Investment institution

Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital, Arrington Capital and others

3. Token application and distribution

Token application:

Wormhole plans to decentralize the protocol's governance to W holders. After the token generation and distribution events, on-chain governance will largely guide community programs and treasury-related activities.

Token distribution:

Guardian Nodes 5.1%

Community & Launch 17%

Core contributors 12%

Ecosystem & Incubation 31%

Strategic Network Participants 11.6%

Foundation Treasury 23.3%

Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.

The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.