Out of the Wormhole — March Newsletter

TL;DR

  • Wormhole launches a fresh UI, logo & website — the bridge is now called “Portal”, while “Wormhole” is the protocol
  • Feb 2nd exploit —find the detailed incident report here
  • Wormhole is proud to offer a $10 million reward as part of the bug bounty program on Immunefi
  • Wormhole V1 bridge will be deprecated by 31st March — migrate now!
  • NativeSwap is a testnet implementation, executing native cross-chain swaps
  • Oasis joins Wormhole as the 7th connected network
  • Portal TVL hits $2.5B+ 🚀
  • Einsteins & Lunatics can now use Wormhole to send bETH between Terra and Ethereum
  • Convergence Hackathon: All-star list of Serum x Wormhole hackathon workshops and projects
  • You can now verify your Twitter PFP with bridged NFTs
  • Check out the latest addition to the liquid markets — more juicy rewards for UST farmers 👀

Table of contents

  1. New year, new look, new name
  2. Feb 2nd Exploit
  3. Bug Bounty Program
  4. Wormhole V1 migration
  5. NativeSwap: cross-chain swaps
  6. Oasis joins Wormhole
  7. Portal TVL hits $2.5B+
  8. Cross-chain bETH staking
  9. Convergence Hackathon
  10. Atlas DEX
  11. Verified Twitter PFP with bridged NFTs
  12. Liquid markets update

1. New year, new look, new name

But why the change ser?

2. Feb 2nd Exploit

3. Bug Bounty Program

4. Wormhole V1 migration

  • UST V1
  • HBTC V1
  • HUSD V1
  • LUNA V1
  • BUSD V1
  • FTT V1
  • SRM V1
  • DAI V1

5. Devs, keep an eye on NativeSwap

6. Welcome OASIS!

7. $2.5B TVL: Tres Comma Club Baby!

The $1B announcement was just a few weeks ago!

8. Cross chain bETH staking

9. Serum x Wormhole Hackathon

10. Atlas DEX

11. Twitter: Are you verified yet?

12. Calling all bridgooors: more liquid markets!

  • UST reward pools are live! Orca, Solend, Mercurial, and Atrix UST pools are live, allowing users to earn LUNA and more as rewards.
  • Oasis now has two DEXs supporting wormhole-wrapped tokens — YuzuSwap and DuneSwap.
  • Solend now supports FTT(wormhole) borrow and deposits. If you have soFTT, don’t forget to migrate your assets and start earning rewards on Solend!
  • Larix has launched two new wETH pools — wETH/USDC and wETH/SOL
  • LUNA(wormhole), AVAX(Wormhole) and BNB(Wormhole) is now available to trade on Mango Markets 🎉

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