Wormhole

MoreMarkets

Products:

Challenge

The DeFi ecosystem is filled with inefficiencies: assets like XRP, DOGE, and XLM sit idle, disconnected from yield, lending, or collateral use due to the fragmented nature of liquidity and outdated bridging methods.

MoreMarkets set out to solve this by creating a global liquidity marketplace but doing so required a cross-chain infrastructure that:

Preserves tokens on their native chains while enabling activity elsewhere
Supports secure token representations with native-like behavior on destination chains
Offers a scalable foundation to support a wide range of assets and protocols

Achieving this level of integration and performance required a cross-chain solution with high security guarantees and rapid execution.

Solution

MoreMarkets has integrated Wormhole’s core messaging infrastructure to power its “More” token system, turning static tokens into productive assets across DeFi ecosystems.

MoreMarkets will be able to:

Lock assets (e.g., XRP) on their native chain via non-custodial vaults using chain signatures.
Mint “More” tokens (e.g., MoreXRP) as cross-chain representations using secure, message passing.
Route those tokens into high-yield lending or liquidity protocols on other chains like Solana.

Wormhole's core messaging infrastructure allows MoreMarkets to simplify cross-chain operations significantly. By utilizing Wormhole, we're able to offer our users secure, efficient, and rapid cross-chain experiences. We're excited about how this integration will help unlock the full potential of idle assets, making advanced DeFi strategies accessible to everyone.

— Altan Tutar, Co-Founder, MoreMarkets

Wormhole's Guardian network provides robust security measures for cross-chain operations. This architecture, which has received approval from Uniswap Foundation's Bridge Assessment Committee, was a key factor in MoreMarkets' decision to use Wormhole as its interoperability solution.

MoreMarkets

MoreMarkets is a global liquidity platform that turns idle tokens into productive assets. It unlocks yield and capital opportunities for blue-chip tokens across DeFi ecosystems, without requiring them to leave their native chains. Built by core contributors to NEAR Protocol and backed by Electric Capital, Robot Ventures, and Canonical Crypto.