Introducing Universal, uAssets, and our $9M round led by @a16zcrypto.
Universal brings the tokens you want to trade (think SUI, XRP, and DOGE) to the chains you already trade on (think Base and Solana) – and uAssets have already seen $850M+ in volume since going live.
If you do most of your trading onchain, you know how painful it is. Want to trade spot coins like DOGE or XRP, but your money's on Base or Sol? Well...you can't. DeFi protocols are similarly constrained to whichever assets are available and liquid on their chain.
We built Universal to make every crypto trade back on crypto rails. uAssets are 1:1-backed wrapped tokens that let you trade native assets without leaving your chain. No bridges, no CEXs, no fragmented liquidity.
How this works: open universal.xyz, connect your wallet, and trade over 80+ assets previously unavailable on your chain. uAssets are minted and redeemed on-demand via the Universal relayer. You get near-instant, capital-efficient trading.
This becomes really powerful when you use it for DeFi integrations. Take your uXRP and provide liquidity on @AerodromeFi, or lend it on @MorphoLabs. uAssets work anywhere ERC-20 tokens do.
Developers: we've made it ridiculously easy to bring 80+ assets to your protocol. Our Relayer API gives you access to offchain liquidity and cross-chain settlement in a few lines of code. Reach out to us for access.
We're live on Base, Polygon, and Arbitrum. Many more chains coming soon.