CONVICTION 2025
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General Event
August 9
OCT
15
Event date
Wednesday 15 October 2025, UTC
Event description
Wormhole is launching "Portal Swap," a new decentralized exchange (DEX) feature integrated into its Portal platform, marking its entrance into the $6.5 trillion DEX market on October 15, 2025. The launch transforms Wormhole Portal into a multichain swap portal, expanding trading options for users across multiple blockchain ecosystems. The event is hosted by Wormhole's core team and can be accessed via their official Twitter and Portal interfaces.
In the past three months, Wormhole has focused on expanding interoperability and multichain DeFi services. This includes enhancements to the Portal Bridge for cross-chain functionality and partnerships aimed at increasing liquidity and user base. The Portal Swap launch is part of Wormhole’s broader strategy to capture more of the DEX market by offering seamless swaps directly from the Portal interface.
Wormhole aims to continuously upgrade Portal Swap by integrating additional blockchains and advanced swap features such as limit orders and aggregated liquidity sources. The project roadmap highlights ambitions to become a leading multichain DEX portal providing extensive decentralized trading opportunities.
No verifiable onchain metrics available.
Mixed to Positive — The community recognizes the ambition behind entering the vast DEX market, showing excitement about the potential multichain benefits. Some users on Twitter note optimism for the project's growth, while others await proof of liquidity and user adoption. Sample comments include "Excited to try Portal Swap, multichain DEX is a game changer," and "Hope liquidity pools are competitive to established exchanges."
This launch could influence Wormhole's tokenomics and price due to the introduction of a new DEX service. Users should consider market risks and perform due diligence.
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