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Portal

(W)

Solana Chain
Bridge
TVL by Chain
AssetQuantity
Ethereum$1.24B
Algorand$224.28M
Binance$68.89M
Solana$50.38M
Sui$8.94M
Polygon$4.92M
Base$2.54M
Avalanche$2.48M
Near$2.40M
Arbitrum$716.32K
Optimism$154.60K
Aptos$148.79K
Celo$26.26K
Klaytn$12.64
Moonbeam$0.00
Terra$0.00
Oasis$0.00
Aurora$0.00
Fantom$0.00
Karura$0.00
Acala$0.00
Terra2$0.00
Injective$0.00
XPLA$0.00

Protocol Information

A token bridge built on Wormhole.

Hallmarks

Key events or milestones in the history of a protocol, project, or ecosystem, often marked by significant dates and descriptions (e.g., launches, upgrades, or incidents).

08 May 2022

UST depeg

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Hacks

Refers to the unauthorized exploitation of vulnerabilities in cryptocurrency systems, blockchain networks, or related digital assets to steal funds, manipulate data, or disrupt operations.

Portal Hack

Date02 Feb 2022
TechniqueSignature Verification Flaw
Amount$326,000,000
Returned$326,000,000
ChainSolana
LanguageRust
Bridge HackedYES

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Stats

Total Value Locked

$1,610,384,500

$1.61B

Market Cap

$66,588,505

$66.58M

Methodology

USD value of native assets currently held by Portal contracts. Token prices sourced from CoinGecko.

Audit

A process where developers inspect the underlying code and/or algorithm that compose systems and applications, allowing them to spot potential bugs or points of failure before deployment. Audits are generally undertaken by third parties, which helps guarantee that the procedure is done in an unbiased and effective manner.

Funding Rounds

A history of funding rounds and capital raised by the protocol, including participating investors and funding details.

Date

29 Nov 2023

$225M

Private

interoperability platform

Lead Investors

Brevan Howard

Coinbase Ventures

Multicoin Capital

Jump Trading

ParaFi Capital

Dialectic

Borderless Capital

Arrington XRP Capital

Other Investors

Gate Ventures

Valuation: 2500

Date

21 Sep 2021

$8.5M

Funding Round

Portal is a financial services company that trades crypto without putting coins at risk.

Other Investors

AC Capital
Adam Back
Arrington XRP Capital
Autonomy Capital
B21 Capital
Cabin VC
Dubai International Financial Centre
Coinbase Ventures
Craig Sellars
Genblock Capital
Krypital Group
LD Capital
Mike Novogratz
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