Trustless, permissionless wrapped Monero. Exchange XMR for wsXMR backed by over-200% collateral through atomic mints and burns — no custodian, no bridge multisig to trust.
Monero is the best money in crypto and the most isolated. No lending, no liquidity, no composability — just an asset you have to sell to ever use. WrapSynth ends that, without asking you to trust a bridge operator with your coins.
Monero has no native DeFi capabilities. wsXMR does. Earn yield, post collateral, or provide liquidity while keeping full exposure to the asset you actually want to hold.
As exchanges drop Monero jurisdiction by jurisdiction, holders lose their on-ramps. WrapSynth is a path into EVM liquidity that doesn't depend on any CEX choosing to list you.
Hold a private store of value, and touch public rails only when you choose to. Your net worth isn't broadcast by default.
Mints and burns settle directly between you and an LP — the secret commitment is verified on-chain. Monero is held in a 2-of-2 multisig until the exchange completes, so no single party ever has unilateral custody.
Every wsXMR is backed by 150% collateral in LP vaults, with a 120% liquidation threshold and a 10% liquidator bonus keeping the system solvent against real-time price feeds. Your claim is always good.
Real XMR has minted and burned wsXMR on Gnosis Chain mainnet — a full cycle, live. Mints only clear when the on-chain cryptographic check passes, and the collateral ratio is a value you read straight from the contract.
Four steps to ferry your Monero to DeFi — trustless on both sides of the swap.
You create a mint request with a secret commitment and send XMR to the LP's Monero address.
The LP verifies the XMR off-chain and marks the mint request READY on-chain.
You reveal your secret to claim wsXMR — verified on-chain with Ed25519 operations (Monero-compatible).
The contract mints wsXMR to your wallet, backed by real XMR and guaranteed by the LP's collateral in their vault.
You create a burn request with a secret commitment and send wsXMR to the contract.
The LP locks your XMR on Monero with a secret hash and proposes the lock on-chain.
You verify the Monero transaction and confirm the lock on-chain, binding both parties.
The LP reveals the secret to finalize the burn. Your XMR unlocks and their collateral is released.
Protocol state on Gnosis Chain mainnet.
Verified on Gnosisscan · Chain ID 100.
Join the future of cross-chain privacy, backed by overcollateralized vaults.
WrapSynth