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The Counterparty

Wormhole Native Token Transfers (NTT) product

Product · PageRank 0.0045

Also known as: ntt, wormhole-ntt, native-token-transfers

Overview

Wormhole Native Token Transfers (NTT) is a component of the Wormhole cross-chain messaging protocol. It facilitates the movement of native tokens across supported blockchains without wrapping or generating synthetic versions. The system preserves token characteristics by burning tokens on the originating chain and minting them on the receiving chain, relying on Wormhole's generic message-passing mechanism for validation. Projects employ NTT to establish canonical multi-chain token deployments with consolidated liquidity.

Within The Counterparty 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 Counterparty knowledge graph (confidence-weighted, 6 of 6 total).

RelationConnected entityConfidence
developedWormhole Foundation (2023 spinout)95%
supports_chainEthereum90%
supports_chainSolana90%
selected_for_deploymentLido DAO90%
first_major_userLido DAO90%
deployed_toBNB Smart Chain (BSC)90%

Frequently asked questions

What is Wormhole Native Token Transfers (NTT)?

Wormhole Native Token Transfers (NTT) is a product tracked in The Counterparty knowledge graph. It is connected to 6 other tracked entities, most strongly to Wormhole Foundation (2023 spinout), Ethereum, Solana.

What type of entity is Wormhole Native Token Transfers (NTT)?

Wormhole Native Token Transfers (NTT) is classified as a product (product) in The Counterparty knowledge graph.

What is Wormhole Native Token Transfers (NTT) connected to?

In The Counterparty knowledge graph, Wormhole Native Token Transfers (NTT) is linked to 6 other tracked entities, most strongly to Wormhole Foundation (2023 spinout), Ethereum, Solana.