The protocol has facilitated nearly $40 billion in cross-chain transfers since its inception in September 2021.
Cross-chain messaging protocol Wormhole has surpassed a cumulative 1 billion in messages sent since its inception in September 2021.
According to data from Wormhole Scan on Feb. 13, the messaging protocol currently processes around 110,640 daily messages, moving $30 million in daily funds, oracle feeds, and nonfungible tokens (NFTs) across 30 blockchains with $39.6 billion in cumulative volume.
In January, Wormhole reached $1 billion in total value locked (TVL), with Ether (ETH), Fantom (FTM), and Solana (SOL) assets taking the top places at $675 million, $174 million, and $96 million, respectively. The protocol’s TVL peaked at $3.8 billion in May 2022, before the collapse of the Terra Luna ecosystem that led to the onset of the crypto winter.
