Wormhole (w) is a token linked to the Wormhole cross-chain messaging and liquidity protocol. The project enables decentralized apps, wallets, and users to transfer data and assets across multiple blockchains with low latency. The w token often acts as a governance or utility token within the Wormhole ecosystem, supporting network security, fee rebates, and participation in protocol decisions. If you’re using Wormhole for cross-chain transfers, liquidity provisioning, or governance, you’ll interact with w to access certain features or incentives. Always review the latest whitepaper or official docs for the most current role of w in the ecosystem, as token utility can evolve with protocol updates.

How many Wormhole tokens are in circulation, and what is the supply design?

According to the latest data, Wormhole (w) has a circulating supply of about 5.26 billion tokens out of a max supply of 10 billion. This means roughly half of the total supply is currently in circulation. The capped max supply can influence long-term scarcity and potential price dynamics. As with many crypto projects, new token issuance can occur only if explicitly planned, so it’s important to monitor official announcements for any changes to supply or distribution schedules. For investors, this helps assess dilution risk and potential upside relative to supply caps.

What is the current price of Wormhole (w) and how has it moved recently?

The latest price for Wormhole (w) is around $0.0316. In the past 24 hours, the price decreased by approximately 5.34%, moving from roughly $0.0333 to the current level. Short-term price changes in cross-chain and DeFi tokens can be volatile due to broader crypto market trends, protocol updates, and liquidity shifts. When evaluating the asset, consider longer time horizons, liquidity depth on major exchanges, and any Wormhole ecosystem developments that could influence demand for cross-chain usage and governance participation.

Where can I buy or trade Wormhole (w), and what wallets support it?

Wormhole (w) is listed on multiple crypto exchanges, including major aggregators where you can place buy and sell orders, as well as liquidity pools on supported networks. To trade it, you’ll typically need a wallet that supports the token's native chain(s) or the cross-chain wrapper. Popular options include hardware wallets, software wallets with token support, and wallets integrated with Wormhole’s bridge interface. Before trading, verify the token’s contract address on the official Wormhole site or reliable trackers to avoid counterfeit tokens, and ensure your wallet supports the token’s network(s) and any required gas fees.

What are the risks and considerations for investing in Wormhole (w)?

Investing in Wormhole (w) involves typical crypto risks: price volatility, smart contract risk, and network outages that could affect cross-chain transfers. Liquidity depth and exchange risk can impact the ease of buying or selling. Governance tokens can also introduce volatility around future protocol decisions. It's prudent to review Wormhole’s security audits, incident history, and bug bounty programs. Diversify your holdings, only invest what you can afford to lose, and consider setting price alerts or using limit orders to manage entry and exit points. Stay updated with official governance proposals to understand how changes might affect the token’s value and utility.

Frequently Asked Questions About Wormhole (W) Staking