Infinex Leverages Wormhole as Primary Interoperability Solution for its Multichain DeFi App

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

Infinex, a next-generation platform that provides access to onchain protocols, services, and apps, has selected Wormhole as its primary interoperability provider.

On Monday, the Wormhole team announced via a blog post that Infinex, a next-generation platform that provides access to onchain protocols, services, and apps, has selected Wormhole as its primary interoperability provider. 

This integration will allow Infinex users to seamlessly transact and take actions across multiple blockchains, delivering a seamless, multichain experience that removes the complexities of using multiple networks and tokens.

Furthermore, Infinex utilizes Wormhole Queries to enhance user security and recovery mechanisms across chains. Wormhole Queries allows users to recover assets trapped on non-Base EVM chains by securely syncing account states across different chains with a single transaction.

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.3147, down 10% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.