Wormhole
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Wormhole
@wormhole
Wormhole is the leading interoperability platform connecting traditional finance and the internet economy.
Katılım Temmuz 2021
285 Takip Edilen376.2K Takipçiler
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$MEGA, natively on @solana
Connected by Wormhole.
Sunrise@sunrisedefi
$MEGA has listed on @Solana via Sunrise. Through Sunrise, MEGA is natively available from day one, tradable against any Solana-native asset. If you hold MEGA outside Solana, you can move it onto Solana, and back, through Sunrise.
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Wormhole delivers flexibility and simplicity in a decentralized ecosystem, without compromising security. SECURITY IS NOT A CHOICE.
The timeline is surfacing longstanding design criticisms that led to the LayerZero exploit: insecure defaults, centralization for operational convenience, and lack of circuit breakers.
Wormhole’s architecture is built to address these exact security failures.
Wormhole has two cross-chain token transfer products:
- NTT, the configurable token framework that powers products like @sunrisedefi and is trusted by institutions and organizations like Apollo, Ripple, Solana, Monad, and M0.
- WTT, the interconnected token bridge that has enabled billions of value transfer across major ecosystems like Solana, Ethereum, Base, and Sui.
By default, Wormhole requires a decentralized network of 19 independent Guardian validators running in-house RPC nodes to come to 2/3 + 1 supermajority consensus (13/19) to approve cross-chain transfers.
NTT and WTT have two additional defense-in-depth security features: rate limiting and on-chain accounting.
- Rate Limiting: Asset issuers building on NTT can set their own on-chain rate limits to detect and delay unexpected cross-chain transfers. Wormhole’s Guardians set the rate limits for WTT based on recommendations and analysis from Wormhole’s security team @asymmetric_re.
-On-chain Accounting: Cross-chain transfers are first sent to an on-chain accounting system that limits withdrawals to the maximum supply minted to a chain. This feature could have substantially limited the blast radius of the rsETH exploit.
Wormhole contributors operate multiple internal and external off-chain monitoring and alerting systems and continue to ship new security features. As exploits become more sophisticated and are assisted by increasingly advanced AI tools, critical blockchain infrastructure must advance at an even faster pace and be built with multiple and robust layers of defense.
Hard-earned lessons have shaped how Wormhole operates: stronger defaults, hardened systems, and a relentless focus on security.
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Wormhole's Executor framework is live, replacing the Standard Relay model.
It expands support to non-EVM chains like @solana, @Aptos & @SuiNetwork, lowers gas costs and introduces a quote-based pricing model.

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Our thoughts are with the Drift team and everyone affected.
Wormhole users are not at risk. Bridging remains available, though some transfers may be delayed due to a built-in security feature limiting transfers from Solana.
Wormhole core contributors are in contact with @solana ecosystem teams and will continue to support as needed.
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Reminder to all Wormhole Builders: Standard Relayer will shut down in 24 hours.
Projects still using it should complete migration to the Executor Relayer before then.
To migrate ↓
wormhole.com/blog/migrating…

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"Mento aims to be the leading decentralized FX infrastructure and Wormhole allows us to scale that vision globally"
— @MarkusMento , CEO of @MentoLabs

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The leading stock exchange @NYSE 🤝 The leading tokenization platform @Securitize
Securitize@Securitize
We've signed a Memorandum of Understanding with @NYSE to support the development of tokenized securities markets. Securitize has been named as the first transfer agent eligible to mint blockchain-native securities on the upcoming NYSE-affiliated tokenized securities platform.
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Bringing assets to Injective has never been easier.
✅ Onramp fiat via @Transak @GetOnramper.
✅ Transfer from an exchange like @binance @Bybit_Official.
✅ Bridge from other ecosystems via @StargateFinance @debridge @wormhole.
Today is the best time to join Injective. 🥷
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