Trustless, permisionlessly decentralized wrapped Monero. Exchange XMR for wsXMR backed by >200% overcollateralization through atomic mints and burns.
Built for trust minimization, designed for everyone. Atomic liquidity and overcollateralization make ferrying Monero to DeFi possible.
Exchange XMR for wsXMR through atomic mints and burns with cryptographic commitments
Every wsXMR backed by 150% collateral in LP vaults with real-time price feeds
120% liquidation threshold with 10% bonus ensures system solvency at all times
Successfully verified real Monero mainnet transactions on Gnosis Chain mainnet
Deploy on any EVM chain - currently live on Gnosis Chain with multi-chain expansion planned
All proofs and transactions verifiable on-chain with full audit trail
Four simple steps to ferry your Monero to DeFi
User creates mint request with secret commitment and sends XMR to LP's Monero address
LP verifies XMR receipt off-chain and marks mint request as READY on-chain
User reveals secret to claim wsXMR - verified on-chain using Ed25519 operations (Monero-compatible)
Smart contract mints wsXMR to user, backed by LP's collateral in vault
Join the future of cross-chain privacy with overcollateralized vaults