UniversalX explained: chain-abstracted trading via Particle Universal Accounts
Quote178 words
Explains UniversalX: Universal Accounts give a single balance spendable across EVM chains and Solana via automated solver-based bridging. Trades without manual bridging or multiple gas tokens, with social login. Raises the idea of agents getting such wallets.
Key claims
Single unified balance spendable across all supported chains
Pay gas in any token on any chain
Solver-based bridging runs under the hood
UniversalX is a chain-abstracted multichain trading platform powered by @ParticleNtwrk's Universal Accounts.
These programmable smart accounts give users a single, unified balance that is spendable across all supported chains (incl. all major EVM chain and Solana).
The implementation relies on baked in, fully automated, solver-based bridging under the hood, which towards the user abstracts the complexity of a fragmented multichain backend (see visual).
UniversalX combines the convenience of CEXes with the security & transparency of self-custody and on-chain trading.
It allows for trading across multiple chains without manual bridging or having to manage various gas tokens (pay in any token on any chain).
The platform features social login features and easy on/off ramp options.
As a user of onchain apps in various ecosystems, I think this is a huge leap forward for the UX of Web3 and something I'll definitely use.
Highly recommend to check it out.
I also think that Chain Abstraction season is just getting started.
What if AI agents get chain-abstracted smart wallets?
Accelerate.
I have written about where all of this could go previously.
QUOTING @ParticleNtwrk
Web3 is already decentralized, self-sovereign, and scalable. Today, we're also making it borderless. We're releasing UniversalX (t.co/XP4gW5mB4M), the first chain-agnostic trading platform, powered by Universal Accounts. With it, you鈥檒l never bridge again. 馃憞 t.
Web3 is already decentralized, self-sovereign, and scalable. Today, we're also making it borderless. We're releasing UniversalX (t.co/XP4gW5mB4M), the first chain-agnostic trading platform, powered by Universal Accounts. With it, you鈥檒l never bridge again. 馃憞 t.
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