Universal provides 1:1 backed wrapped tokens (uAssets) that are minted and redeemed on‑chain across multiple EVM‑compatible blockchains, giving traders access to unified liquidity without external bridges. Its platform aggregates order‑book depth for spot swaps, AMM trading, and cross‑chain lending, with real‑time proof‑of‑reserves audited on Coinbase Prime. Developers can integrate these cross‑chain primitives via RESTful APIs and SDKs.
Funding
$9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Crypto traders and DeFi participants often face fragmented liquidity, requiring multiple bridges, wallets, and centralized exchanges to access top assets on different blockchains. This fragmentation increases transaction costs, latency, and exposure to bridge failures, limiting efficient trading and yield generation. Consequently, many high‑liquidity assets remain inaccessible on users’ preferred chains.
Solution
Universal solves this fragmentation by issuing uAssets—1:1 backed wrapped tokens that exist natively on every supported blockchain. Users can mint uAssets by depositing the underlying native token and redeem them back at any time, eliminating the need for external bridges. The platform aggregates deep order‑book liquidity across chains, enabling spot swaps, AMM liquidity provision, and lending/borrowing with CEX‑level depth directly from a wallet. All uAssets are secured by real‑time, auditable proof‑of‑reserves stored on Coinbase Prime, ensuring transparent asset backing. Smart contracts are audited by leading security firms and have processed over $1.5 B in volume, providing a battle‑tested foundation for cross‑chain DeFi. Developers can integrate Universal’s services via a RESTful API and SDKs, extending cross‑chain functionality into their own applications.
Target Audience
Primary users are active crypto traders, DeFi yield farmers, and liquidity providers seeking seamless cross‑chain asset access, as well as blockchain developers building multi‑chain applications that require reliable wrapped token primitives.
Features
- 1:1 backed wrapped tokens (uAssets) minted and redeemed on‑chain across 80+ assets and multiple EVM‑compatible chains
- Real‑time proof‑of‑reserves verification with on‑chain audit trails for full transparency
- Unified liquidity pool delivering CEX‑grade depth for spot swaps, AMM trading, and liquidity mining
- Integrated lending and borrowing markets allowing cross‑chain collateralization and yield generation
- Audited, upgradable smart contracts with $1.5 B+ cumulative transaction volume
- Developer‑focused API and SDKs for seamless embedding of cross‑chain swap, liquidity, and lending primitives
- Native wallet connectivity (MetaMask, WalletConnect, etc.) with single‑click mint/redeem workflow