Wormhole Native Token Transfers (NTT) product
Overview
Wormhole Native Token Transfers (NTT) is a framework within the Wormhole cross-chain messaging protocol that enables the transfer of native tokens between supported blockchains without wrapping or creating synthetic representations. It allows tokens to retain their original properties by burning on the source chain and minting on the destination chain, using Wormhole's generic message passing for verification. NTT is used by projects to achieve canonical multi-chain token deployments with unified liquidity.
Within the DeFi Intel graph, Wormhole Native Token Transfers (NTT) connects to 6 tracked entities, most strongly to Wormhole Foundation (2023 spinout), Ethereum, Solana.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
developed | Wormhole Foundation (2023 spinout) | 95% |
supports_chain | Ethereum | 90% |
supports_chain | Solana | 90% |
selected_for_deployment | Lido DAO | 90% |
first_major_user | Lido DAO | 90% |
deployed_to | BNB Smart Chain (BSC) | 90% |
Frequently asked questions
What is Wormhole Native Token Transfers (NTT)?
Wormhole Native Token Transfers (NTT) is a framework within the Wormhole cross-chain messaging protocol that enables the transfer of native tokens between supported blockchains without wrapping or creating synthetic representations. It burns tokens on the source chain and mints them on the destination chain using Wormhole's generic message passing for verification.
Which chains does Wormhole NTT support?
Wormhole NTT supports Solana, Ethereum, and BNB Smart Chain (BSC).
Who developed Wormhole NTT and which project has selected it for deployment?
Wormhole NTT was developed by the Wormhole Foundation (a 2023 spinout) and has been selected for deployment by Lido DAO.