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

$195.96

0.51%

What is Wrapped SOL (Wormhole Arbitrum)?

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Information

Blockchain

Arbitrum

Info

Key Metrics

Market Cap: $93.8B
Fully Diluted Valluation: $115.6B
FDV / MC: 1.2
Ranking inside Exponential (excluding stables): #2
Circulating Supply: 479,250,235
Total Supply: 590,505,578
Volume (24H): $11.6B
ATH: $263.21 (11/23/2024)
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

Portal Bridge

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