Wormhole (W) is an interoperability platform that facilitates communication and development across over 20 blockchain networks. More
| Fully Diluted Valuation | $787.52M |
|---|---|
| 24H Trading Volume | $26.24M |
| 24H Low / High | $0.08 / $ 0.08 |
| Circulating Supply | 4.75B |
| Total Supply | 10.00B |
| Max Supply | 10.00B |
| Categories | Interoperability 8 more |
|---|---|
| Founder | Robinson Burkey |
| Website | docs.wormhole.com |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Solscan 6 more |
| Contracts |
0xb0f....b2b91
3 more
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| Name | Pair | OG Score |
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Wormhole is an interoperability platform that connects over 20 different blockchain networks, allowing them to communicate and work together. It is not a blockchain itself but a bridge that facilitates interaction between blockchains.
What Isn't Wormhole?
Not a Blockchain: Wormhole doesn't function as its own blockchain. It simply provides a way for different blockchains to communicate.
Not a Token Bridge: While some protocols built on Wormhole can act as token bridges, Wormhole itself is not designed for this purpose.
Uses of Wormhole
Wormhole enables a variety of cross-chain applications:
Cross-Chain Exchange: Developers can build exchanges that accept deposits from any chain connected to Wormhole, increasing the available liquidity for users.
Cross-Chain Governance: Groups with assets on different blockchains can use Wormhole to consolidate votes on a single "voting" chain, making unified governance possible.
Cross-Chain Gaming: Games can be developed on a fast network like Solana and distribute rewards as NFTs on another network like Ethereum, utilizing the best features of both blockchains.
Conclusion
Wormhole (W) is a key platform for blockchain interoperability, connecting over 20 major blockchains and enabling new applications in DeFi, NFTs, governance, and gaming. It helps developers access more liquidity and users, fostering innovation across the blockchain ecosystem.
Wormhole is unique because it provides seamless interoperability between over 20 leading blockchain networks, enabling cross-chain applications in DeFi, NFTs, governance, and gaming.
The founders of Wormhole is Robinson Burkey.
You can buy Wormhole (W) on Binance, MEXCBitgetGate.ioOKX cryptocurrency exchanges.
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