Best Decentralised Exchanges
Top rated: Uniswap 8.7
Swap venues where you never hand over your keys.
5rated →
7.1/10
Crypto Bridges
Company file: Wormhole, owners, incidents →
Wormhole
Connects 45+ chains and is the standard many issuers use to keep one native token on several of them. Security rests on 19 Guardian companies, 13 of which must sign, and in February 2022 a signature verification flaw let an attacker mint 120,000 wrapped ETH, about $326m. The hole was covered by the backer rather than by users, which matters — but the model that allowed it is still the model.
Best for: Issuers taking a native token multichain, if you accept the guardian model
Company file: Wormhole, owners, incidents →How this score was reached
7.1 is the weighted average of the five pillar findings below. Dependable, with trade-offs a reader should know about first.
- Custody & Security45%
- 6.4
- Cost & Fee Transparency15%
- 7.6
- Regulation & Legal Standing5%
- 6.0
- Performance & Reliability25%
- 7.8
- Access & Support10%
- 7.8
Security depends on a permissioned set of 19 Guardians, 13 of whom must sign. The February 2022 exploit cost about $326m; Jump Crypto replaced the ETH within a day, so users did not lose funds. 29 third-party audits since, plus the Governor and Global Accountant to limit outflows.
Competitive fees, clearly disclosed.
Unlicensed with a legible corporate structure behind the guardian set.
Reliable operation since 2022, but support has been dropped for a run of networks in 2025–26, from Fantom and Scroll to Berachain (31 Aug 2026) and Injective (30 Sep 2026); wrapped tokens left on those chains need bridging back before the cut-off.
Widely integrated with good documentation and broad tooling. 45+ chains; check that both chains are still supported before moving an asset.
Strengths
- 45+ connected chains and the NTT standard for native multichain tokens
- Users were made whole after the 2022 exploit
- 29 audits and outflow limits added since
Against it
- Security rests on a permissioned guardian set — the model that failed in 2022
- Suffered one of the largest exploits in crypto history
- More than a dozen networks dropped in 2025–26; wrapped tokens on them can be stranded
The exploit that defines the category
In February 2022 a signature verification flaw let an attacker mint 120,000 wrapped ETH — about $326m, one of the largest losses in crypto history. Jump Crypto, the project’s backer, replaced the ETH within a day, so users did not lose funds. That matters, and it is not a security property: a balance sheet willing to write a cheque is not something you can rely on next time.
Security still rests on 19 permissioned Guardians, 13 of whom must sign — the same model that failed. 29 audits, outflow limits and a clean record since are real, and they do not change the design. Wormhole reaches 45+ chains, but it has dropped more than a dozen networks since 2025, so check that both ends of a route are still supported before you bridge.
Frequently asked questions
Is Wormhole safe after the 2022 hack?+
It has 29 audits and outflow limits that did not exist in 2022, and has operated without a comparable loss since. Security still depends on 13 of 19 Guardian companies signing correctly, which is the model the exploit defeated — and why its custody score is the lowest in this table.
Who covered the Wormhole loss?+
Jump Crypto replaced the 120,000 ETH, about $326m, so users were made whole. Under our rubric that avoids a fund-loss penalty, and it is explicitly not treated as evidence the design is sound.
Which chains does Wormhole support?+
45+ per Wormhole. Support for Fantom, Scroll, Mantle, Berachain (31 Aug 2026), Injective (30 Sep 2026) and several others was dropped in 2025–26. If you hold a Wormhole-wrapped token on a dropped chain, bridge it back before the cut-off.
Assessed by
By James Park
NFT & Web3 Gaming Analyst · September 27, 2026
◆ Disclosure
CoinRadar Daily is a non-commercial project. We have no commercial relationship with Wormhole, earn nothing from any link on this page, and carry no advertising or sponsorship anywhere on the site. Findings rest on public sources; we did not open an account or transact.
Rubric v2.0How we score →
The rest of the crypto bridges table
- 03Wormhole — you are hereIssuers taking a native token multichain, if you accept the guardian model7.1
Related tables
How we score →Independent, rubric-scored tables for the services behind this story.
Best Crypto Wallets
Top rated: Rabby 8.3
Software wallets for everyday use.
5rated →
Best Stablecoins
Top rated: USDC 8.5
A stablecoin is a promise about redemption.
4rated →