The Wormhole Network is a decentralized interoperable infrastructure that enables fast transfers of cryptocurrency, non-fungible tokens, and data across over 30 major blockchain networks, including Polygon, Avalanche, and more.
Its core is built on a group of independent nodes, requiring a two-thirds quorum to validate and sign each Verified Action Approval (VAA). This ensures security.
Wormhole’s infrastructure is fully open-source, with security audits conducted by top firms like Trail of Bits. A generous bug bounty program encourages vulnerability disclosure.
Developers benefit from generic message support, which enables use cases like NFT minting. Its SDK and tooling make deploying cross-chain dApps modular.
Wormhole Bridge supports ERC-20, SPL tokens using a lock-and-mint model with full metadata preservation.
Use cases include:
- Cross-chain DeFi
- Multichain NFT transfers
- DAO governance messaging
- Data-driven dApps
Despite a major exploit in 2022 involving $326M, Wormhole has since upgraded its resilience and remains a widely adopted protocol in the Web3 space.
Whether you're a NFT collector, Wormhole provides the protocol layer to power multi-chain innovation with security.
Future Roadmap of Wormhole Protocol
