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W
Powering Wormhole

W is the native token that powers the Wormhole platform

A Multichain-Native Token

W will initially launch as a native Solana SPL token. ERC20 functionality will be enabled post-launch through Wormhole's Native Token Transfers (NTT), allowing seamless transfers across any Wormhole-connected network.

A Multichain-Native Token
Tokenomics

Tokenomics

  • Token symbolW
  • Max supply10,000,000,000
  • Initial circulating supply1,800,000,000
  • Token formatNative ERC20 and SPL (using Wormhole’s Native Token Transfer framework) — ERC20 to be added post-launch
  • Vesting82% of W are initially locked, which will unlock over the course of four years per the vesting schedule below.
Read details

W Launch Roadmap

Phase 1

Launch on Solana

W will initially launch as a native SPL token on the Solana network.

Phase 2

EVM Expansion via Wormhole NTT

Following its Solana debut, W will expand to all Wormhole-connect EVM chains using Wormhole Native Token Transfers (NTT).

Stake W to Self-Delegate

Delegating tokens is a critical part of on-chain governance. W holders will be able to stake and delegate their tokens on both Solana and EVM chains.

Multichain Governance

The Wormhole DAO – made up of W token holders – will operate via an industry-first multichain governance system. This system will be available on Solana, Ethereum mainnet, and EVM L2s at launch.

Wormhole DAO Governance

Wormhole's token-based governance system empowers token holders to influence the protocol's future. Some possible areas of decisions include:

Connection <br/>Management

Connection
Management

Add and remove blockchain connections to Wormhole

Contract <br/>Upgrades

Contract
Upgrades

Upgrade smart contracts across Wormhole

Fee <br/>Adjustment

Fee
Adjustment

Adjust fees across various Wormhole products

Guardian <br/>Expansion

Guardian
Expansion

Expand or add new parties to the Guardian set

Rate <br/>Limiting

Rate
Limiting

Adjust rate limits with regards to Wormhole security

Token <br/>Utility

Token
Utility

Influence token utility and design

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THIS IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO PURCHASE ANY W, AND IS NOT AN OFFERING, ADVERTISEMENT, SOLICITATION, CONFIRMATION, STATEMENT OR ANY FINANCIAL PROMOTION THAT CAN BE CONSTRUED AS AN INVITATION OR INDUCEMENT TO ENGAGE IN ANY INVESTMENT ACTIVITY OR SIMILAR. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL. THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING AND/OR PROJECTED FIGURES WHICH ARE NOT GUARANTEED AND ARE SUBJECT TO CHANGE; ACTUAL NUMBERS MAY VARY. WORMHOLE MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. THE CONTENT HEREIN IS NOT ERROR-FREE AND MAY CONTAIN INCORRECT INFORMATION. YOU AGREE AND ACKNOWLEDGE THAT ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM WORMHOLE FOUNDATION, WILL BE CONSTRUED TO CREATE ANY WARRANTY OR REPRESENTATION NOT EXPRESSLY MADE HEREIN. FOR ADDITIONAL INFORMATION, PLEASE REFER TO OUR TERMS OF SERVICE.

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