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
Best
Summary
Information
Blockchain
- Arbitrum
Info
- Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
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.
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.
Dependencies
Portal Bridge
Things to know about SOL
SOL Pools
