OTSea Ends Solana Chain Support, Focuses on ETH Ecosystem

🌊 Solana Bridge Goes Poof

By OTSea
Nov 18, 2024, 4:00 PM
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Photo by OTSea

OTSea has announced the termination of their Wormhole token on Solana chain due to arbitrage bot activity negatively impacting ETH holders.​ Key updates:

  • All liquidity removed from Solana token
  • Funds transferred to public treasury
  • Treasury will fund marketing and new features
  • Solana holders can bridge tokens to ETH via PortalBridge

The platform continues to offer free liquidity locking through Shells platform and OTC trading with 0% slippage across ETH, SOL, and Base tokens.​

Sources
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