what's universal?
Universal is a blockchain protocol that enables seamless cross-chain asset trading and DeFi interactions without bridges or centralized exchanges. It allows users to trade spot assets like SOL, SUI, XRP, and others directly on preferred chains through wrapped uAssets such as uSOL and uSUI. The project focuses on improving liquidity and accessibility in DeFi by integrating with money markets like Morpho on Base. Universal raised $9M in funding led by a16z crypto to develop its infrastructure for onchain asset movement. Key features include swapping, earning yields, and accessing over 80 assets across chains in the Superchain ecosystem.
Universal is hiring crypto-native designers for product development ramp-up.
Hiring crypto-native designers for contract work to support product development ramp-up.
Ionic protocol on Base offers supply APRs of 66% for uSOL and 17% for uSUI, plus ION token rewards for veION stakers.
Smaller Universal markets like uSUI on Morpho face rate manipulation through reallocateTo function, with reallocation flows dominating supply and affecting utilization ratios.
uSOL (wrapped SOL) launches on Katana platform with integrations across SushiSwap, Morpho Labs, Turtle, Midas RWA, and Re7 Labs for swapping, borrowing, lending, and vault operations.
Universal reports close to $2B in cumulative trading volume across multiple chains since launching over a year ago.
New yield vault on Morpho Labs offers 8% APY for supplying USDC against Universal wrapped assets.
World App integrates dozens of new assets via Universal without requiring DEX liquidity.
ZEC, XRP, and DOGE wrapped on Unichain with 3 liquidity pools live and trading enabled on Uniswap apps.
Reserve Protocol bundles Universal assets into an index, which Kraken lists on its exchange.
Universal launches $uZEC for 1:1 Zcash exposure. DriftProtocol lists ZEC with 5x leverage.
Universal integrates with Aerodrome Finance, enabling ZEC trading on Base network.
Universal powers Zcash integration on Solana blockchain.
Universal Asset integrates with AlienBaseDEX, gaining access to limit orders, range orders, and recurring trading features on the platform.
Ionic protocol offers up to 310% APR for uSOL and 154% for uSUI on Base network, with additional $ION rewards for veION stakers.
Multiple universal assets (SOL, XRP, SUI) now integrated with Morpho money markets on Base network.