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Universal

Universal is a project aimed at eliminating restrictions related to cross-chain transactions. It enables trading of assets such as SUI, XRP, and DOGE on popular blockchains like Base and Solana without the need for centralized exchanges (CEX) or bridges.

Funding Round: $9M

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Overview

Project industryMulti-Chain Platform / DEX
Product typeProtocol
FoundedUnited States
WhitepaperUniversal White Paper Open
OnepagerUniversal Onepager Open

What is Universal

Universal Protocol is a wrapped asset protocol that enables trading of any token, on any chain. By using an intent-based mint-and-burn mechanism, Universal eliminates liquidity fragmentation and improves cross-chain asset accessibility.

Universal is a wrapped asset protocol designed to enable trading for any token, on any chain. Think Circle for cryptoassets.

Universal is a wrapped asset protocol utilizing the same architecture as wBTC, USDT, and USDC. However, it introduces key improvements:

  • Secure and Verifiable Custody for Underlying Assets
  • Instant Minting and Redeeming of uAssets
  • Efficient Cross-Chain Transfers
  • Bringing Off-Chain Assets Onchain

Details

Raised: 9,000,000 USD

Project team

0xGaut
0xGaut
Co-Founder
0xGaut twitter
Austin Diamond
Austin Diamond
Co-Founder
Austin Diamond twitter
Jun
Jun
Co-Founder
Jun twitter

Social media

Universal web-siteUniversal LinkedInUniversal X (Twitter)Universal Discord

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