Wormhole is a cross-chain messaging protocol that connects multiple blockchains and allows them to exchange data and assets. It is not a blockchain itself and does not act as a Layer 1 or Layer 2, but instead operates as an interoperability layer that sits between independent chains. The architecture is modular, because it separates communication from execution and lets each connected blockchain handle its own transactions and state. The core mechanism is message passing, where a smart contract on one chain emits a message that is verified and relayed to another chain. A network of validator nodes called Guardians observes events on source chains, signs the messages, and makes them available for verification on the destination chain. When assets are transferred, tokens are typically locked on the origin chain and an equivalent representation is created on the target chain, keeping total supply consistent across networks. Developers can use this system to build applications that operate across chains, including token transfers, cross-chain governance, and shared liquidity systems. The utility for users is the ability to move value and interact with applications across different blockchains without needing centralized intermediaries, while each chain continues to function independently.

Foundation Treasury

Strategic Network Participants

Core Contributors

Ecosystem & Incubation

Community & Launch

Guardian Nodes

In addition to the $225 million raise, the team behind Wormhole announced the formation of the new company Wormhole Labs, which will help develop the protocol. Badreg declined to disclose how much of the $225 million will be split between Wormhole Labs and Wormhole Foundation, another entity created in 2021 to encourage developers to use the protocol.

Wormhole

Wormhole is the leading interoperability protocol that transfers data and assets between blockchains.

Morningstar Ventures

Moonrock Capital

The Spartan Group

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Infinity Ventures Crypto (IVC)

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

VBT Yazilim

Coinbase Ventures

Arrington Capital

OKX Ventures

Gate.io

Republic

Shima Capital

LD Capital

Monday Capital

Genblock Capital

Taureon Capital

Krypital Group

Autonomy Capital

B21 Capital

Paloma Investments

JTSA Global

Foresight Ventures

IBC Ventures

HG Ventures

Presto Labs

Oasis Labs

Becker Ventures

Chainfir Capital

Echo3

Greenwood Global Capital

PrimeLink

Starbase

Blocklike

Delphi Ventures

LongHash Ventures

Semantic Ventures

Nomad Capital

YZi Labs (Prev. Binance Labs)

CoinFund

NGC Ventures

Blockchain Founders Fund

Side Door Ventures

IDG Capital

Bing Ventures

MEXC

XT Labs

NxGen

Blockchange Ventures

Cypher Capital

MH Ventures

Primal Capital

Contango Digital Assets

Candaq

Taisu Ventures

Animoca Brands

CSP DAO

DAO Maker

Black Dragon Capital

Baselayer Capital

Gains Associates

Bware Labs

Wodo Gaming

Portal

PoPP

Neutron

Hivello

Gemhead Capital

Enjinstarter

AZA Ventures

Edu3Labs

Kangaroo Capital

Avalon Wealth Club

Brainbox

MetaDOS

DEXT Force Ventures

iAngels Technologies

Bondex

SevenX Ventures

HashKey Capital

Amber Group

Bankless Ventures

dao5

CoinSummer

Symbolic Capital

Arcane Crypto

Quantstamp

Unity Ventures

Zonff Partners

Youbi Capital

Bonfire Union

Skyland Ventures

GTS Ventures

Polychain Capital

BingX Labs

Animoca Ventures

StakeStone

Are you sure you want to add all upcoming {coinSymbol} token unlocks for the "{roundName}" allocation to the Google Calendar?

Are you sure you want to add {limit} upcoming {coinSymbol} token unlocks for the "{roundName}" allocation to the Google Calendar?

Adding Events to Google Calendar

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Dynamic unlocks based on a custom schedule from {startDate} to {endDate}

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Share Chart Screen

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Sign up to unlock full data

Unlock exclusive vesting data

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Ecosystem & Incubation	31%	16.9%	14.1%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

WormholeW

Unlocking W Tokens

Total Distribution Progress

Allocation

Next Unlock Event

Vesting Schedule

Upcoming Token Unlocks