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Wrapped SOL (Wormhole Arbitrum)

SOL

WSOL on Arbitrum chain is a bridged version of SOL. SOL is the native currency of the Solana chain used for gas fees and security.

Risk Rating
Average
$230.98
-0.20%
What is Wrapped SOL (Wormhole Arbitrum)?
Information
Blockchain
  • Arbitrum
Key Metrics
  • Market Cap: $126.1B
  • Fully Diluted Valluation: $141.2B
  • FDV / MC: 1.1
  • Ranking inside Exponential (excluding stables): #2
  • Circulating Supply: 546,085,532
  • Total Supply: 611,305,140
  • Volume (24H): $7.5B
  • ATH: $293.31 (01/19/2025)
  • ATL: $0.50 (05/11/2020)
Risk Assessment
Average
Asset Strength

WSOL is a large-cap, fully collateralized asset. This asset is exposed to the underlying risks of Portal (Wormhole) bridge, a protocol rated as Watch out.

Dependencies
Asset Tokenomics

WSOL has an uncapped supply but has inflation control or burn mechanisms in place. WSOL on Arbitrum is backed 1:1 by SOL locked in the Portal bridge protocol on the Solana chain.

Things to know about SOL
SOL Pools
GMX SOL-USD Market Making
37%
Yield
$11M
TVL
Risk
C
Protocol
GMX V2
Chain
Arbitrum